Range Impact Announces Uplisting to the OTCQB Venture Market
Rhea-AI Summary
Range Impact, Inc. (OTCQB: RNGE) has announced its uplisting from the OTC Pink Sheets to the OTCQB Venture Market. The company's common stock began trading on the OTCQB under the ticker symbol 'RNGE' on October 7, 2024. CEO Michael Cavanaugh stated that this uplisting is a significant milestone for the company and its shareholders after trading on the OTC Pink Sheets for six years.
The move to the OTCQB is expected to enhance visibility and transparency within the investment community, improve access to institutional capital, and create more efficient trading opportunities for investors. The OTCQB is operated by OTC Markets Group Inc. and is recognized by the SEC as an 'established public market' for determining public market prices when registering securities for resale.
Positive
- Uplisting from OTC Pink Sheets to OTCQB Venture Market
- Potential for enhanced visibility and transparency in the investment community
- Improved access to institutional capital
- More efficient trading opportunities for investors
Negative
- None.
News Market Reaction
On the day this news was published, RNGE gained 0.04%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CLEVELAND, OHIO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Range Impact, Inc. (OTCQB: 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 been approved to have its common shares uplisted from the OTC Pink Sheets to the OTCQB Venture Market (“OTCQB”). The Company’s common stock began trading today on the OTCQB under the same ticker symbol “RNGE”.
"The Company’s common stock has been trading on the OTC Pink Sheets over the past six years, so today’s uplisting to the higher-standard OTCQB is an important milestone for our Company and its shareholders,” stated Michael Cavanaugh, the Company’s CEO. "We believe this uplisting will enhance the visibility and transparency of our Company within the investment community, significantly improve our access to institutional capital, and create more efficient trading opportunities for investors," stated Mr. Cavanaugh.
The OTCQB is a U.S. trading platform operated by the OTC Markets Group Inc. that is designed for developing and entrepreneurial-stage companies, and is considered by the Securities and Exchange Commission to be an “established public market” for determining the public market price when registering securities for resale. Companies listed on the OTCQB are current in their reporting and undergo an annual verification and management certification process. Additional information about the OTC Markets Group Inc. and the 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
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