secwatch.observer — SEC 8-K summary
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Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001641172-25-002367
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Range Impact acquires 120,000 acres at Fola Mine Complex for $2.96M, including permits and solar lease
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- Acquired approx 120,000 acres of real property interests at Fola Mine Complex in WV for $2,958,516 via credit and assumed liabilities.
- Acquired 15 mining permits with estimated reclamation obligation of $29.3M; also manages 21 additional permits at the site.
- Inherited two coal royalty contracts and a 25-year solar lease with multinational for >1,000 acres (200+ MWh capacity).
- Transaction involves related parties: sellers affiliated with CEO Michael Cavanaugh and largest shareholder Joseph LoConti.
- Company plans transition from service-based to land ownership model; evaluating additional mine site acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000164117225002367/0001641172-25-002367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000164117225002367/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002367

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