debt
confidence high
sentiment neutral
materiality 0.20
Range Capital SPAC draws $60K to trust; $180K sponsor note outstanding
Range Capital Acquisition Corp.
- On Aug 21, 2026, drew $60,000 from sponsor promissory note and deposited into Trust Account.
- Aggregate $180,000 outstanding under $540,000 unsecured, non-interest-bearing note.
- Note repayable on earlier of initial business combination or winding-up; if no deal, only from funds outside Trust.
- Issuance exempt under Section 4(a)(2) of Securities Act.