IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — RANG

September 16, 2026View Source ↗

On September 11, 2026, Range Capital Acquisition Corp. received a written notice from Nasdaq indicating non-compliance with Listing Rule 5450(a)(2) due to failing to maintain the required minimum of 400 Total Holders for continued listing on the Nasdaq Global Market. The company has 45 calendar days to submit a plan to regain compliance, with potential extensions up to 180 days if accepted by Nasdaq. Failure to comply could result in delisting proceedings. Range Capital Acquisition Corp. operates as a blank check company focused on identifying and merging with private operating companies.

June 25, 2026View Source ↗

On June 18, 2026, shareholders approved a proposal to extend the deadline to consummate an initial business combination to up to 27 months from the IPO closing date. In connection with this extension, the company issued a non-interest bearing unsecured promissory note of up to $540,000 to Range Capital Acquisition Sponsor, LLC, with $60,000 drawn down on June 22, 2026. Additionally, the company reduced allowable liquidation and dissolution expenses from $100,000 to $20,000. Holders of 9,339,529 ordinary shares redeemed their shares at approximately $10.62 per share, totaling $99,492,433.31, leaving $23,015,134.62 in the Trust Account and 2,160,471 ordinary shares outstanding. The company is a special purpose acquisition company (SPAC) designed to effect a business combination.