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AI brief of an SEC Form 8-K · Range Capital Acquisition Corp. (RANG)

Range Capital Acquisition Corp. draws $60,000 on sponsor note for trust account

Neutral Impact 2 of 5 financing Written later

Range Capital Acquisition Corp. disclosed that on September 22, 2026, it drew $60,000 from an unsecured, non-interest-bearing promissory note issued to its sponsor and deposited the funds into its trust account. Total outstanding under the note is now $240,000, and the note is repayable only on completion of an initial business combination or the effective winding up of the company, with repayment outside the trust if no combination occurs.

Key points

  • Drawdown of $60,000 on September 22, 2026, deposited into the Trust Account
  • Aggregate outstanding balance under the note is $240,000
  • Note issued June 18, 2026, up to $540,000 principal, to sponsor Range Capital Acquisition Sponsor, LLC
  • Note is non-interest-bearing; sponsor contributions of up to $60,000 per month

The filing

CompanyRange Capital Acquisition Corp. (RANG)
Form8-K, current report
Filed with the SECSep 23, 2026, 4:30 PM ET
Accession number0001193125-26-399473

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.