Range reported net income of $4.035 million for the period, driven by interest earned on its trust account and offset by operating costs; the company did not generate operating revenue prior to its business combination. Earnings per share is not provided in the filing. Range remains a blank-check vehicle focused on completing a business combination.
Financial Highlights
- Net Income: $4.035 million (interest on trust account offset by operational costs)
- Revenue: Not reported — no operating revenues prior to business combination
Business Highlights
- Business Model: Range is a blank-check company formed to acquire one or more businesses and has not generated operating revenue to date.
- Capital Formation & Trust: Completed an IPO and overallotment; proceeds were placed in a trust to be used primarily for a future business combination.
- Operational Activity: Current activities are limited to target identification, due diligence, and public-company compliance; reported interest income from the trust is non-operating.
- Management & Governance: The company experienced a CFO transition, engaged a consulting CFO, and changed auditors to CBIZ CPAs P.C. for fiscal 2025.
Original SEC Filing:
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