Journal ·

RANG 10-Q: trust falls to $23.1 million after $99.5 million redemptions

SPAC Pulse 40

Quarter ended June 30, 2026. 2,160,471 shares remain subject to redemption at $10.71 each.

RANG10-Q

Range Capital Acquisition Corp. filed its quarterly report for the period ended June 30, 2026.

Trust account balance stood at $23,143,220. Balance was $120,509,940 at December 31, 2025. Cash withdrawn for redemptions totaled $99,492,433.

2,160,471 ordinary shares remained subject to possible redemption. Non-redeemable shares totaled 4,537,500.

Cash on hand was $1,862. Company recorded a $172,000 promissory note from the sponsor.

No business combination target has been identified. Company continues to operate as a blank-check entity with no operating revenue.

Pulse Impact

  • Previous Pulse: 42
  • New Pulse: 40
  • Change: –2
  • Driver: 10-Q read as a slower or weaker beat, so Pulse fell.

Range Capital Acquisition Corp. Form 10-Q (2026-08-13)

Not investment advice. Facts taken from the company’s Form 10-Q.

SEC sources

Summaries of public SEC filings. Company press-release exhibits are not reproduced. Not investment advice, not a proxy solicitation.

Same names