---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-006892"
form_type: "8-K"
ticker: "RNGE"
cik: "0001438943"
company_name: "RANGE IMPACT, INC."
filed_at: "2022-03-15T23:59:59+00:00"
generated_at: "2026-06-26T22:43:00.504242+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Malachite signs non-binding LOI to acquire 80% of Range Environmental for 10M shares + $1M cash

## Summary
- Consideration: 10M shares of MLCT common stock and $1M cash, with $250k holdback for six-month indemnification period.
- Range is a West Virginia environmental services firm focused on coal mine reclamation and stream remediation in Appalachia.
- Transaction would be first investment under new Daedalus Ecosciences ESG strategy; no definitive agreement yet.
- Closing conditions include due diligence, negotiation of definitive agreement and employment contracts, and board approval.
- Target closing date is April 30, 2022; acquisition is structured as purchase of 80% of Range's shares.

## SEC filing metadata
- accession: 0001493152-22-006892
- form_type: 8-K
- ticker: RNGE
- cik: 0001438943
- company_name: RANGE IMPACT, INC.
- filed_at: 2022-03-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438943/000149315222006892/0001493152-22-006892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438943/000149315222006892/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-006892
- JSON: https://secwatch.observer/filing/0001493152-22-006892.json
- Plain text: https://secwatch.observer/filing/0001493152-22-006892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.