---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-031573"
form_type: "8-K"
ticker: "RNGE"
cik: "0001438943"
company_name: "RANGE IMPACT, INC."
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-10T23:53:40.327926+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Malachite Innovations acquires Collins Building & Contracting for $5.035M in cash and seller notes

## Summary
- Total consideration $5.035M: $1M cash, $2M 5-year secured note at 7%, $2.035M 2-year secured note at 8.25%.
- Collins Building focuses on abandoned mine land reclamation in West Virginia; assets include 100+ equipment, 100 acres, quarry, and mechanic shop.
- This is Malachite's third reclamation business acquisition in West Virginia in 16 months.
- Seller Roger Collins appointed Senior VP of Sales at subsidiary Range Environmental Resources to expand AML business.
- Notes secured separately by real estate/quarry infrastructure (first note) and equipment (second note).

## SEC filing metadata
- accession: 0001493152-23-031573
- form_type: 8-K
- ticker: RNGE
- cik: 0001438943
- company_name: RANGE IMPACT, INC.
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/0001493152-23-031573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-031573
- JSON: https://secwatch.observer/filing/0001493152-23-031573.json
- Plain text: https://secwatch.observer/filing/0001493152-23-031573.txt

## Key facts
- M&A Transactions
  RANGE IMPACT, INC. completed an acquisition involving Roger L. Collins, Jr. for cash consideration of $1,000,000 (subject to certain adjustments as set forth in the Stock Purchase Agreement), (b) a five-year secured promissory note in favor (closed 2023-08-31).
  - Action: acquisition
  - Counterparty: Roger L. Collins, Jr.
  - Consideration: cash consideration of $1,000,000 (subject to certain adjustments as set forth in the Stock Purchase Agreement), (b) a five-year secured promissory note in favor
  - Closing: 2023-08-31
  source text: the outstanding common stock of Collins Building & Contracting, Inc., a West Virginia corporation (“Collins Building”), to the Company in exchange for (a) cash consideration of $1,000,000 (subject to certain adjustments as set forth in the Stock Purchase Agreement), (b) a five-year secured promissory note in favor of Mr. Collins in the principal amount of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/0001493152-23-031573-index.htm
- Material Agreements
  RANGE IMPACT, INC. entered into Stock Purchase Agreement with Roger L. Collins, Jr. valued at Cash consideration of $1,000,000, five-year secured promissory note of $2,000,000 at 7.0%, two-year (effective 2023-08-31).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Roger L. Collins, Jr.
  - Value: Cash consideration of $1,000,000, five-year secured promissory note of $2,000,000 at 7.0%, two-year
  - Effective: 2023-08-31
  source text: On August 31, 2023, the Company entered into a Stock Purchase Agreement by and between the Company and Roger L. Collins, Jr. (the “Stock Purchase Agreement”), attached hereto as Exhibit 10.1, pursuant to which Mr. Collins agreed to sell all of the outstanding common stock of Collins Building & Contracting, Inc., a West Virginia corporation (“Collins Building”), to the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/0001493152-23-031573-index.htm

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