Range Capital Acquisition Corp. (RANG): debt financing — Range Capital shareholders approve extension; 81% of shares redeemed, leaving $23M in trust

Range Capital Acquisition Corp.

Shareholders approved extension of business combination deadline to up to 27 months from IPO (Dec 2024).
Holders of 9,339,529 shares redeemed at ~$10.62/share, totaling ~$99.5M.
Trust account balance reduced to ~$23.0M; 2,160,471 ordinary shares remain outstanding.
Sponsor issued unsecured promissory note for up to $540,000 to fund monthly contributions of $60,000 to trust.
First $60,000 drawdown occurred on June 22, 2026; note is non-interest bearing, due upon business combination or winding up.

item 1.01 item 5.07 item 2.03 item 5.03 item 8.01 item 9.01

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 debt of $540,000 with Range Capital Acquisition Sponsor, LLC at does not bear interest maturing earlier of: (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company is effective.

Principal: $540,000
Counterparty: Range Capital Acquisition Sponsor, LLC
Rate: does not bear interest
Maturity: earlier of: (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company is effective
Event: incurrence

Exact text from the filing

Definitive Agreement. On June 18, 2026, Range Capital Acquisition Corp. (the “ Company ”) issued an unsecured promissory note (the “ Note ”) in the principal amount of up to $540,000 to its sponsor, Range Capital Acquisition Sponsor, LLC (the “ Sponsor ”), to be drawn down in connection with the previously announced contributions of up to $60,000 per month

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225 debt financings filed in the last 30 days. Browse all debt financings →

Range Capital Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-281968

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