Range Capital Acquisition Corp (NASDAQ: RANG) is a blank-check special purpose acquisition company (SPAC) that was formed to identify and complete a merger or business combination with a private operating company. It does not generate operating revenue. Instead, it raised capital through an Initial Public Offering that closed on December 23, 2024, with the over-allotment fully exercised on January 3, 2025, placing an aggregate of $115,575,000 ($10.05 per unit) into a Trust Account invested in U.S. government securities or qualifying money market funds pending a business combination. The company is headquartered at 44 Main Street, Cold Spring Harbor, New York, and its ordinary shares and rights trade on the Nasdaq Global Market under the symbols RANG and RANGR, respectively, as of January 13, 2025. Leadership is led by Mr. Rotolo, whose background spans equipment leasing, energy, and specialty finance. The stated acquisition focus is on niche, capital-constrained sectors with scarce assets, pure-play business profiles, and what management describes as quality leadership teams.
- Revenue model
- No operating revenue. The company holds IPO proceeds of $115,575,000 in a Trust Account as of January 3, 2025, earning returns on U.S. Treasuries or qualifying money market funds until a business combination is completed or funds are distributed to shareholders. The Sponsor pays $10,000 per month to an affiliate for office space and administrative services.
- Products and services
- The sole activity as of the 10-K filed 2026-03-25 is the search for a target business combination. Each public unit issued in the IPO consists of one ordinary share and one right. No operating products or services exist prior to a completed acquisition.
- Customers and end markets
- No customers or end markets as of the filing date. The intended post-combination focus, per the 10-K filed 2026-03-25, is on niche, capital-constrained sectors where supply and demand imbalances create acquisition opportunities, with a preference for pure-play businesses with scarce assets.
- Value-chain role
- SPAC sponsor and acquisition vehicle. The company's role is to source, evaluate, and execute a business combination that brings a private operating company to public markets on Nasdaq.
- Geographic exposure
- Headquartered in Cold Spring Harbor, New York. No geographic operating footprint disclosed beyond the U.S. corporate domicile as of the 10-K filed 2026-03-25.
Source: SEC 10-K, filed 2026-03-25
Industry:
Blank Checks