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RANGE IMPACT INC - $RNGE STOCK NEWS

Welcome to our dedicated page for RANGE IMPACT news (Ticker: $RNGE), a resource for investors and traders seeking the latest updates and insights on RANGE IMPACT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RANGE IMPACT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RANGE IMPACT's position in the market.

Rhea-AI Summary

Range Impact, Inc. (OTC: RNGE) announces the transition of two executives to Graphium Biosciences Subsidiary as part of a proposed divestiture, while promoting a new Chief Financial Officer. The company, formerly focused on biotech research, now includes impact investing in Appalachia. The transition aligns with a capital raise for Graphium's divestiture, ensuring leadership continuity for drug development plans.

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Range Impact, Inc. (RNGE) reports strong financial performance for Q4 2023 and FY 2023 with significant revenue growth. The company's revenue increased to $19.3 million in FY 2023 from $4.8 million in FY 2022, driven by successful acquisitions and strategic initiatives. Operating income improved, reaching $1.75 million in FY 2023 compared to a loss in FY 2022. Despite a net loss in Q4 2023, the full year saw a substantial increase in net income. Adjusted EBITDA also showed positive growth. Range Impact's CEO, Michael Cavanaugh, highlighted the company's focus on impact investing in Appalachia and outlined future revenue projections.
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Range Impact, Inc. (RNGE) has appointed former U.S. Congressman Zack Space and former Ohio State Senator Jay Hottinger, President and Executive Vice President, respectively, of Sunday Creek Horizons LLC, as Strategic Advisors. The company engaged Sunday Creek Horizons in May 2023 to focus on improving the health, wealth, and quality of life of citizens living in the rural communities of Appalachia. Congressman Space and Senator Hottinger will help propel the growth and expansion of Range Impact's ambitious vision throughout Appalachia.
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Range Impact, Inc. (OTC: RNGE) announced the closing of a $1,700,000 capital raise led by Intelligent Fanatics Capital Management, Carlson Ridge Capital, and Dickinson Group, among others. The investors acquired a total of 11,333,336 shares of Range Impact’s common stock at a price of $0.15 per share. Michael Cavanaugh, Range Impact’s CEO, expressed excitement about the strategic capital and valuable insights brought by the new shareholders.
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RANGE IMPACT INC

OTC:RNGE

RNGE Rankings

RNGE Stock Data

39.40M
74.88M
46.71%
0.08%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
Cleveland