-+ 0.00%
-+ 0.00%
-+ 0.00%
Range Capital Acquisition Q1 FY26 net income falls 5.33% to $857,705
Share
Listen to the news
Range Capital Acquisition Q1 FY26 net income falls 5.33% to $857,705
  • Range Capital Acquisition posted net income of $857,705 for the quarter ended March 31, 2026, down 5.33% from a year earlier.
  • Interest earned on investments held in the Trust Account slipped to $1.07 million, while operational costs fell to $212,981.
  • Investments held in the Trust Account totaled $121.58 million as of March 31, 2026, while cash outside the Trust Account was $4,392.
  • Issued a non-interest-bearing Note on April 14, 2026 for up to $1.5 million that may be drawn before maturity and can be converted into Working Capital Units at $10 per unit if an initial business combination closes.
  • Kept deadline of June 23, 2026 to complete an initial business combination, with management flagging substantial doubt about going concern due to limited liquidity and potential liquidation if no deal is completed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Range Capital Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-221758), on May 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending