Range Impact Announces Application to Uplist to the OTCQB Venture Market
Range Impact, Inc. (OTC: RNGE) has announced its application to uplist from the OTC Pink Sheets to the OTCQB Venture Market. The OTCQB, operated by OTC Markets Group Inc., is designed for developing companies and is recognized by the SEC as an established public market for determining public market prices in securities resale registration.
CEO Michael Cavanaugh stated that uplisting to OTCQB could broaden the company's shareholder base and enhance visibility and transparency within the investment community. He also believes it could improve access to capital and create more efficient trading opportunities. If approved, Range Impact's common stock is expected to continue trading under the ticker symbol RNGE on the OTCQB.
Range Impact, Inc. (OTC: RNGE) ha annunciato la sua richiesta di passare dalle OTC Pink Sheets al Mercato OTCQB Venture. L'OTCQB, gestito da OTC Markets Group Inc., è progettato per le aziende in fase di sviluppo ed è riconosciuto dalla SEC come un mercato pubblico consolidato per determinare i prezzi di mercato pubblico nelle registrazioni di riacquisto di titoli.
Il CEO Michael Cavanaugh ha dichiarato che il passaggio all'OTCQB potrebbe ampliare la base di azionisti dell'azienda e migliorare la visibilità e la trasparenza all'interno della comunità degli investitori. Crede inoltre che potrebbe migliorare l'accesso al capitale e creare opportunità di trading più efficienti. Se approvato, si prevede che le azioni ordinarie di Range Impact continueranno a essere negoziate con il simbolo RNGE sull'OTCQB.
Range Impact, Inc. (OTC: RNGE) ha anunciado su solicitud para pasar de las OTC Pink Sheets al Mercado OTCQB Venture. El OTCQB, operado por OTC Markets Group Inc., está diseñado para empresas en desarrollo y es reconocido por la SEC como un mercado público establecido para determinar los precios de mercado público en el registro de reventa de valores.
El CEO Michael Cavanaugh declaró que el uplisting al OTCQB podría ampliar la base de accionistas de la empresa y mejorar la visibilidad y transparencia dentro de la comunidad inversora. También cree que podría mejorar el acceso al capital y crear oportunidades de negociación más eficientes. Si se aprueba, se espera que las acciones comunes de Range Impact continúen negociándose bajo el símbolo RNGE en el OTCQB.
Range Impact, Inc. (OTC: RNGE)는 OTC Pink Sheets에서 OTCQB 벤처 마켓으로의 상장 전환을 발표했습니다. OTCQB는 OTC Markets Group Inc.가 운영하며, 개발 중인 기업을 위한 설계되어 있으며 SEC에 의해 확립된 공공 시장으로 인정받아 증권 재판매 등록에 있어 공공 시장 가격을 결정하는 데 사용됩니다.
CEO 마이클 카바너는 OTCQB로의 상장이 회사의 주주 기반을 넓힐 수 있다고 투자 커뮤니티 내에서의 가시성과 투명성을 향상시킬 수 있다고 밝혔습니다. 그는 또한 자본 접근성을 개선하고 보다 효율적인 거래 기회를 창출할 수 있다고 믿고 있습니다. 만약 승인된다면 Range Impact의 보통주는 OTCQB에서 RNGE 기호로 계속 거래될 것으로 예상됩니다.
Range Impact, Inc. (OTC: RNGE) a annoncé sa demande de passage des OTC Pink Sheets au Marché OTCQB Venture. L'OTCQB, exploité par OTC Markets Group Inc., est conçu pour les entreprises en développement et est reconnu par la SEC comme un marché public établi pour déterminer les prix du marché public lors de l'enregistrement des reventes de titres.
Le PDG Michael Cavanaugh a déclaré que le passage à l'OTCQB pourrait élargir la base d'actionnaires de l'entreprise et améliorer la visibilité et la transparence au sein de la communauté des investisseurs. Il croit également que cela pourrait améliorer l'accès au capital et créer des opportunités de trading plus efficaces. Si approuvé, l'action ordinaire de Range Impact devrait continuer à être négociée sous le symbole RNGE sur l'OTCQB.
Range Impact, Inc. (OTC: RNGE) hat seine Anfrage angekündigt, von den OTC Pink Sheets auf den OTCQB Venture Market aufzusteigen. Der OTCQB, der von der OTC Markets Group Inc. betrieben wird, ist für wachstumsstarke Unternehmen konzipiert und wird von der SEC als etablierter öffentlicher Markt für die Bestimmung von öffentlichen Marktpreisen bei der Wiederveräußerung von Wertpapieren anerkannt.
CEO Michael Cavanaugh erklärte, dass der Aufstieg zum OTCQB die Aktionärsbasis des Unternehmens erweitern und die Sichtbarkeit und Transparenz innerhalb der Investitionsgemeinschaft verbessern könnte. Er glaubt auch, dass es den Zugang zu Kapital verbessern und effizientere Handelsmöglichkeiten schaffen könnte. Sollte es genehmigt werden, wird erwartet, dass die Stammaktien von Range Impact weiterhin unter dem Tickersymbol RNGE am OTCQB gehandelt werden.
- Potential uplisting from OTC Pink Sheets to OTCQB Venture Market
- Possible broadening of shareholder base
- Potential enhancement of visibility and transparency for investors
- Possible improvement in access to capital
- Potential for more efficient trading opportunities
- None.
CLEVELAND, OHIO, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Range Impact, Inc. (OTC: RNGE) (“Range Impact” or the “Company”), a public company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing, is pleased to announce that it has filed an application to have its common shares uplisted from the OTC Pink Sheets to the OTCQB Venture Market (“OTCQB”).
The OTCQB is a U.S. trading platform operated by the OTC Markets Group Inc. that is designed for developing and entrepreneurial-stage companies. The OTCQB is considered by the Securities and Exchange Commission as an “established public market” for determining the public market price when registering securities for resale. "We believe that uplisting to the OTCQB would broaden the Company's shareholder base and enhance the Company's visibility and transparency within the investment community," stated Michael Cavanaugh, the Company's CEO. "We believe that uplisting, if achieved, will significantly improve our access to capital and create more efficient trading opportunities," stated Mr. Cavanaugh.
The OTC Markets Group Inc. will review the Company’s OTCQB application pursuant to its ordinary course review process and the Company will endeavor to keep the investment community updated on the status of its application. If the Company’s application to uplist on the OTCQB is approved, the Company expects its common stock will continue to trade under the ticker symbol “RNGE” on the OTCQB.
Additional information about the OTC Markets Group Inc. and its OTCQB can be found at www.otcmarkets.com.
About Range Impact, Inc.
Headquartered in Cleveland, Ohio, Range Impact is a public company (OTC: RNGE) dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways. Range Impact seeks to thoughtfully allocate its capital into strategic opportunities that are expected to make a positive impact on the people-planet ecosystem and generate strong investment returns for its shareholders.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors that could cause actual outcomes and results to be materially different from those indicated in such statements. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, timing of clinical trials and product development, business strategy and new lines of business. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Range Impact, Inc.
Investor Relations
P: +1 (216) 304-6556
E: ir@rangeimpact.com
W: www.rangeimpact.com
FAQ
What is Range Impact's current trading status and what change are they seeking?
What potential benefits does Range Impact expect from uplisting to OTCQB?
Will Range Impact's ticker symbol change if the uplisting is approved?
Who is reviewing Range Impact's application for uplisting?
