Range Capital Acquisition Corp. 10-Q: Over-allotment Option Exercised
Ticker: RANGU · Form: 10-Q · Filed: May 15, 2025 · CIK: 2035644
Sentiment: neutral
Topics: 10-Q, spac, over-allotment, equity
TL;DR
Range Capital Acquisition Corp. 10-Q: Over-allotment option exercised Jan 3, 2025, no shares forfeited.
AI Summary
Range Capital Acquisition Corp. filed its 10-Q for the period ending March 31, 2025. The company's over-allotment option from its underwriters was fully exercised on January 3, 2025, meaning no ordinary shares are subject to forfeiture related to this option. The filing also references financial data as of December 31, 2024, and March 31, 2025.
Why It Matters
The full exercise of the over-allotment option clarifies the company's share structure and removes potential dilution, which is important for investors assessing the company's equity.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not indicate any significant new risks or material adverse events.
Key Numbers
- March 31, 2025 — Reporting Period End Date (The end of the fiscal quarter covered by the 10-Q filing.)
- December 31, 2024 — Prior Period End Date (Reference point for comparative financial data.)
- January 3, 2025 — Over-allotment Exercise Date (Date the underwriters fully exercised their option.)
Key Players & Entities
- Range Capital Acquisition Corp. (company) — Filer of the 10-Q
- January 3, 2025 (date) — Date underwriters fully exercised over-allotment option
- 500,000 ordinary shares (dollar_amount) — Aggregate shares subject to forfeiture if over-allotment was not exercised
FAQ
What was the total number of ordinary shares initially subject to forfeiture related to the over-allotment option?
Up to 500,000 ordinary shares were subject to forfeiture if the over-allotment was not exercised in full or in part.
When did the underwriters fully exercise their over-allotment option?
The underwriters fully exercised their over-allotment option on January 3, 2025.
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 31, 2025.
What is the company's Standard Industrial Classification (SIC) code?
The company's SIC code is 6770, which corresponds to 'BLANK CHECKS'.
What is the business address of Range Capital Acquisition Corp.?
The business address is 44 Main Street, Cold Spring Harbor, NY 11724.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding Range Capital Acquisition Corp. (RANGU).