secwatch.observer — SEC 8-K summary
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Issuer:     RANGE IMPACT, INC. (RNGE)
CIK:        0001438943
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001641172-25-010910
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Range Impact acquires Fola Mine Complex (120K acres), records $51.6M land value
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- Acquired ~120,000 acres of real property interests at the Fola Mine Complex in West Virginia.
- Recorded $51.6M in additional land value ($8.5M appraised value + $43.1M capitalized asset retirement costs).
- Acquired 15 mining permits and assumed responsibility for 21 additional permits with ~$43.1M estimated ARO.
- Assumed two coal royalty agreements to fund reclamation; also acquired landlord interest in a 1,500-acre solar lease.
- Stockholders' equity increased from $834,405 to $6,538,522 primarily due to a $5,602,484 bargain purchase gain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438943/000164117225010910/0001641172-25-010910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438943/000164117225010910/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-010910

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