Malachite Innovations renames to Range Impact; ticker changes to RNGE; reports >$15M trailing revenue

RANGE IMPACT, INC.

Name changed from Malachite Innovations to Range Impact, Inc.; trading symbol changed from MLCT to RNGE effective Dec 14, 2023.
Impact investing businesses generated aggregate revenues exceeding $15M over trailing 12 months and net taxable income past two quarters.
Legacy cannabinoid drug subsidiary Graphium to be decoupled; investment banker engaged for strategic plan including possible private spin-off.
Operating segments: Range Reclaim, Range Minerals, Range Security, Range Water, Range Land — all focused on Appalachian reclamation.
CEO Michael Cavanaugh cites commitment to assisting Appalachia's transition from fossil-fuel to renewable energy economy.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

RANGE IMPACT, INC.: Changed company name to Range Impact, Inc. via Articles of Merger filed with Nevada Secretary of State (effective 2023-12-14).

Change: charter amendment
Effective: 2023-12-14

Exact text from the filing

On December 14, 2023, we filed Articles of Merger (the "Articles of Merger") with the Secretary of State of the state of Nevada to effect the Merger and to change our name to Range Impact, Inc.

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

RANGE IMPACT, INC. entered into Plan of Merger with Malachite Innovations, Inc. (effective 2023-12-14).

Action: entry
Agreement: merger
Counterparty: Malachite Innovations, Inc.
Effective: 2023-12-14

Exact text from the filing

On December 14, 2023, Malachite Innovations, Inc. (the “Company” or “we”) entered into a Plan of Merger (the “Plan of Merger”) with our recently formed wholly-owned subsidiary, Range Impact, Inc., a Nevada corporation (“Merger Sub”), pursuant to which Merger Sub would merge with and into the Company (the “Merger”).

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11 governance changes filed in the last 30 days. Browse all governance changes →

RANGE IMPACT, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-044885

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