Range Capital Acquisition Corp. (RANG): debt financing — Range Capital Acquisition Corp. issues up to $1.5M promissory note to sponsor affiliate for working capital

Range Capital Acquisition Corp.

Principal amount up to $1,500,000 from Range Capital Holdings, LLC, an affiliate of sponsor.
Note is unsecured, non-interest bearing; principal due upon consummation of initial business combination.
Payee may convert principal into Working Capital Units at $10.00 per unit, same terms as private placement units.
Note provides additional working capital to fund operations until business combination.
Payee waives any claim against the IPO trust account.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Range Capital Acquisition Corp. incurred loan of up to $1,500,000 with Range Capital Holdings, LLC maturing the date on which the Company consummates its initial business combination.

Instrument: loan
Principal: up to $1,500,000
Counterparty: Range Capital Holdings, LLC
Maturity: the date on which the Company consummates its initial business combination
Event: incurrence

Exact text from the filing

On April 14, 2026, Range Capital Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of up to $1,500,000 to Range Capital Holdings, LLC (the “Payee”), an affiliate of Range Capital Acquisition Sponsor, LLC, the sponsor and a significant shareholder of the Company, which may be drawn down from time to time prior to the Maturity Date (defined below) upon request by the Company.

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Range Capital Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-164081

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