secwatch.observer — SEC 8-K summary
======================================

Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001493152-23-031573
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/0001493152-23-031573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000149315223031573/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-031573

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