Malachite Innovations closes $410K private placement of common stock and warrants

RANGE IMPACT, INC.

Issued 2,733,334 shares at $0.15/share and warrants for 2,733,333 shares at $0.60/share.
Net proceeds of approx. $400k after fees; warrants exercisable for 5 years.
Purchasers: Morla Ventures, Stonewall Capital (d/b/a Point Squared), and insiders Feighan, Kosar, Wharton.
Funds to be used for impact investing strategy and operating businesses.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RANGE IMPACT, INC. entered into Purchase Agreements with the Purchasers identified therein valued at approximately $400,000 (effective 2023-04-11).

Action: entry
Agreement: equity purchase
Counterparty: the Purchasers identified therein
Value: approximately $400,000
Effective: 2023-04-11

Exact text from the filing

On April 11, 2023, Malachite Innovations, Inc. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with the Purchasers identified therein (the “Purchasers”) providing for the issuance and sale by the Company to the Purchasers of (i) 2,733,334 shares of the Company’s common stock (the “Shares”) at a price of $0.15 per share and (ii) warrants to purchase up to an additional 2,733,333 shares of the Company’s common stock

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24 material agreements filed in the last 30 days. Browse all material agreements →

RANGE IMPACT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-012162

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