secwatch.observer — SEC 8-K summary
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Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0001493152-22-013192
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.01, 2.02, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Malachite raises $3.0M, acquires 80% of two environmental remediation firms
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- Closed $3.0M capital raise from Indemnity National and Tower IV; net proceeds ~$2.9M.
- $1.0M used for cash consideration in acquisition; $2.0M for general corporate purposes.
- Acquired 80% of Range Environmental Resources and Range Natural Resources via Daedalus subsidiary.
- Issued 5M shares to each of Jeremy Starks and Joshua Justice, plus $500k each, for the shares.
- Range Environmental focuses on coal mine reclamation and stream remediation; Range Natural will extract incidental resources.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000149315222013192/0001493152-22-013192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000149315222013192/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-013192

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer