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Range Capital Acquisition Corp has announced that starting January 13, 2025, holders of units from its initial public offering can choose to trade the company's ordinary shares and rights separately. The units currently trade on the Nasdaq Global Market under the symbol RANGU.
Once separated, the ordinary shares and rights will trade under the symbols RANG and RANGR respectively. Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate units into ordinary shares and rights.
The SEC declared the registration statement for these securities effective on December 19, 2024. The offering was conducted via prospectus, available through EarlyBirdCapital, Inc.
Range Capital Acquisition Corp. has successfully completed its initial public offering (IPO), raising $100 million through the sale of 10,000,000 units at $10.00 per unit. The units, trading on Nasdaq Global Market under symbol RANGU, consist of one ordinary share and one right to receive one-tenth of an ordinary share upon completing a business combination. The company's ordinary shares and rights will later trade separately under symbols RANG and RANGR. EarlyBirdCapital served as the sole book-running manager and has a 45-day option to purchase up to 1.5 million additional units to cover over-allotments.
Range Capital Acquisition Corp. has announced the pricing of its $100 million initial public offering, consisting of 10,000,000 units at $10.00 per unit. Trading is set to begin on December 20, 2024, on the Nasdaq Global Market under the symbol RANGU.
Each unit includes one ordinary share and one right to receive one-tenth of an ordinary share upon completing an initial business combination. The ordinary shares and rights will later trade separately under symbols RANG and RANGR. EarlyBirdCapital, Inc. is the sole book-running manager and has a 45-day option to purchase up to 1.5 million additional units. The offering is expected to close around December 23, 2024.
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