secwatch.observer — SEC 8-K summary
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Issuer:     Range Capital Acquisition Corp. (RANG)
CIK:        0002035644
Form:       8-K
Filed at:   2026-06-25T13:16:03+00:00
Accession:  0001193125-26-281968
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.07, 2.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Range Capital shareholders approve extension; 81% of shares redeemed, leaving $23M in trust
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2035644/000119312526281968/0001193125-26-281968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2035644/000119312526281968/d124915d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-281968

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