secwatch.observer — SEC 8-K summary
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Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001493152-23-044885
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000149315223044885/0001493152-23-044885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000149315223044885/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-044885

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