---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-034268"
form_type: "8-K"
ticker: "RNGE"
cik: "0001438943"
company_name: "RANGE IMPACT, INC."
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T06:58:24.132103+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Range Impact sells non-core assets to cancel $2.94M debt; exits AML business

## Summary
- On Aug 22, 2024, Collins Building sold mechanic shop, stone quarry, vehicles to Collins-owned entities in exchange for discharge of $2,940,836 in promissory notes.
- Assets were originally acquired from Roger L. Collins Jr. in Aug 2023 to expand into abandoned mine land (AML) reclamation in West Virginia.
- Board decided to exit AML business due to administrative/operational challenges; will now focus on reclaiming and repurposing company-owned mine sites.
- Deal was structured as a full cancellation of outstanding principal and accrued interest; no cash changed hands.
- CEO Cavanaugh stated sale allows the company to focus capital on land arbitrage investing for long-term shareholder value.

## SEC filing metadata
- accession: 0001493152-24-034268
- form_type: 8-K
- ticker: RNGE
- cik: 0001438943
- company_name: RANGE IMPACT, INC.
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438943/000149315224034268/0001493152-24-034268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438943/000149315224034268/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-034268
- JSON: https://secwatch.observer/filing/0001493152-24-034268.json
- Plain text: https://secwatch.observer/filing/0001493152-24-034268.txt

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