Business Context and Reporting Period
Company: Range Capital Acquisition Corp. (RANG/RANGU/RANGR)
Filing Type: Form 8-K (Current Report)
Date of Report: April 14, 2026
Reporting Period: Event date April 14, 2026
Business Context: The Company is a Cayman Islands-based special purpose acquisition company (SPAC) listed on The Nasdaq Stock Market. It is an emerging growth company currently seeking an initial business combination.
Key Financial Metrics
This filing reports a specific financing event rather than periodic financial performance. Consequently, revenue, profit, cash flow, margins, and liquidity ratios are not provided in this document.
- New Debt Obligation: Issued an unsecured promissory note with a principal amount of up to $1,500,000.
- Interest Rate: 0% (Non-interest bearing).
- Maturity Date: The date the Company consummates its initial business combination.
- Lender: Range Capital Holdings, LLC (an affiliate of the Company's sponsor).
Material Changes
The primary material change reported is the creation of a direct financial obligation via the issuance of the promissory note to the sponsor affiliate. This provides the Company with access to working capital to fund operations prior to a business combination. The filing does not contain comparative financial data against prior periods.
Guidance, Outlook, and Terms
Conversion Option: Upon consummation of the initial business combination, the lender has the option to convert all or any portion of the outstanding principal into "Working Capital Units."
- Conversion Price: $10.00 per unit.
- Unit Terms: Identical to the private placement units issued during the Company's IPO (prospectus dated December 19, 2024), including transfer restrictions.
- Default Provisions: The Note includes customary events of default which, if triggered, make the unpaid principal immediately due and payable.
- Regulatory Status: Issued pursuant to the Section 4(a)(2) exemption from registration under the Securities Act of 1933.
- Verify the full text of the Promissory Note (Exhibit 10.1) for specific default triggers and repayment conditions.
- Review the IPO prospectus dated December 19, 2024, to confirm the exact terms and transfer restrictions of the "Working Capital Units" referenced in the conversion option.
- Monitor the Company's cash balance and burn rate to assess the likelihood of drawing down the full $1,500,000 facility.
- Confirm the status of the search for a target business combination, as this event triggers the Note's maturity and potential conversion.