other_material
confidence high
sentiment neutral
materiality 0.40
Range Impact raises $550k via private placement of 3.67M shares at $0.15; insider participation
RANGE IMPACT, INC.
- Issued 3,666,667 shares at $0.15 each; aggregate gross proceeds ~$550,000.
- Tower IV LLC (largest shareholder) invested $350k; Chairman Feighan and CEO Cavanaugh each invested $100k.
- Shares sold under Section 4(a)(2) and Rule 506(b) of Regulation D; no registered offering.
- CEO states the capital reflects leadership's continued confidence in the company's strategy.
- Proceeds to accelerate land reclamation and repurposing in Appalachia.
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