Malachite Innovations raises ~$1M via private placement of 6.67M shares at $0.15/share

RANGE IMPACT, INC.

Issued 6,666,667 shares of common stock at $0.15 per share in a private placement on August 24, 2023.
Net proceeds of approximately $1,000,000 to be used for general corporate purposes (not specified in filing).
Shares sold to accredited investors under Section 4(a)(2) and Rule 506 of Regulation D.
Company agrees to file a registration statement for resale of shares within a reasonable time.
Transaction closed on same day; shares unregistered, bear restrictive legend.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

RANGE IMPACT, INC. entered into Purchase Agreement with the Purchaser identified therein valued at $0.15 per share (effective 2023-08-24).

Action: entry
Agreement: equity purchase
Counterparty: the Purchaser identified therein
Value: $0.15 per share
Effective: 2023-08-24

Exact text from the filing

On August 24, 2023, Malachite Innovations, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with the Purchaser identified therein (the “Purchaser”) providing for the issuance and sale by the Company to the Purchaser of 6,666,667 shares of the Company’s common stock (the “Shares”) at a price of $0.15 per share.

View on SEC.gov

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

RANGE IMPACT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-030674

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.