Range Capital Acquisition II Corp (NASDAQ: RNGT) is a blank check special purpose acquisition company (SPAC) formed to identify and complete a merger or acquisition with a private business. The company generates no operating revenue. Instead, it raised $230,000,000 in gross proceeds through an initial public offering that closed October 6, 2025, selling 23,000,000 units at $10.00 per unit, with proceeds held in a trust account invested in U.S. government securities or qualifying money market funds until a business combination is completed. The company takes a generalist approach, placing no restriction on industry or geography when evaluating acquisition targets. Tim Rotolo serves as Chairman and Chief Executive Officer. Management team members directly or indirectly hold 7,666,667 founder shares acquired at approximately $0.003 per share (as of the 10-K filed March 25, 2026). Rotolo also chairs Range Capital Acquisition Corp (Range I), a separate SPAC that raised $115 million in December 2024, creating disclosed conflicts of interest in deal sourcing.
Source: SEC 10-K, filed 2026-03-25
Industry: Blank Checks
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