Range Impact (RNGE) insiders buy 3.67M new shares for $550,000

Rhea-AI Filing Summary

Range Impact, Inc. entered into securities purchase agreements with three existing insiders and investors on September 23, 2025. The company sold 3,666,667 shares of common stock at $0.15 per share, raising approximately $550,000 in gross proceeds. Chairman Edward Feighan and CEO/director Michael Cavanaugh each purchased shares for $100,000, while existing shareholder Tower IV, LLC purchased shares for $350,000. The company agreed to use commercially reasonable efforts to file a registration statement to register these shares under the Securities Act. The shares were issued in a private placement relying on exemptions under Section 4(a)(2) and Rule 506 of Regulation D, with each purchaser represented as an accredited investor.

Insights

Capital markets and governance analyst

Range Impact raises $550,000 in an insider-led private stock sale.

Range Impact, Inc. completed a private placement of $550,000 by issuing 3,666,667 common shares at $0.15 per share on September 23, 2025. The buyers were the board chair, the CEO/director, and existing shareholder Tower IV, LLC, indicating continued financial support from key stakeholders.

The transaction was executed under Section 4(a)(2) and Rule 506 of Regulation D, with purchasers represented as accredited investors, which keeps the deal non-public and avoids an immediate Securities Act registration. The company agreed to use commercially reasonable efforts to file a registration statement to register these shares after closing, which would, if completed, permit resales under the Securities Act framework.

The filing characterizes the purchase agreements as containing customary representations, warranties, indemnification rights, and obligations for this type of financing. Future filings detailing any registration statement for these shares will provide additional detail on resale mechanics once prepared and submitted.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): September 23, 2025

RANGE IMPACT, INC.

(Exact name of registrant as specified in its charter)

Nevada		000-53832		75-3268988
(State or other jurisdiction		(Commission		(I.R.S. Employer
of incorporation)		File Number)		Identification No.)

200 Park Avenue, Suite 400
Cleveland, Ohio		44122
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (216) 304-6556

Not Applicable

(Former name or former address, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol		Name of each exchange on which registered:
Common Stock		RNGE		OTCQB

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

	☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Securities Purchase Agreements

On September 23, 2025, Range Impact, Inc. (the “Company”) entered into securities purchase agreements (the “Purchase Agreements”) with each of the purchasers identified therein (the “Purchasers”) providing for the issuance and sale by the Company to the Purchasers of an aggregate of 3,666,667 shares of the Company’s common stock (the “Shares”) at a price of $0.15 per share. The aggregate gross proceeds from the sale of the Shares are approximately $550,000. The Purchasers are Edward Feighan, the Chairman of the Board of Directors of the Company, Michael Cavanaugh, a director and Chief Executive Officer of the Company, and Tower IV, LLC, an existing shareholder of the Company. Messrs. Feighan and Cavanaugh each invested $100,000 in the Shares and Tower IV, LLC invested $350,000.

The Purchase Agreements contain the customary representations, warranties, indemnification rights, and obligations of the parties in agreements of this type, including that the Company will use commercially reasonable efforts to file a registration statement under the Securities Act of 1933, as amended (the “Securities Act”), to register the Shares as soon as practicable following the closing. The transactions represented by the Purchase Agreements closed on September 23, 2025.

The foregoing description of the Purchase Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of each of the Purchase Agreements attached hereto as Exhibits 10.1, 10.2 and 10.3.

Item 3.02. Unregistered Sales of Equity Securities.

The information set forth in Item 1.01 above is hereby incorporated by reference into this Item 3.02 in its entirety.

Pursuant to the Purchase Agreements, the Company issued 3,666,667 shares of the Company’s common stock to the Purchasers on September 23, 2025. The sale of the Shares was exempt from the registration requirements of the Securities Act as transactions by an issuer not involving a public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D promulgated under the Securities Act (“Regulation D”). The Company made this determination based on the representations of the Purchasers in the Purchase Agreements, including, but not limited to, that each Purchaser is an “accredited investor” within the meaning of Rule 501 of Regulation D and that each such Purchaser evaluated the merits and risks of the investment reflected by such Purchase Agreement.

Item 8.01. Other Events.

We are furnishing the disclosure in this Item 8.01 in connection with the disclosure of information in a press release released on September 24, 2025, announcing the issuance of the Shares. The press release is attached to this Current Report as Exhibit 99.1.

The information in this Item 8.01 (including Exhibit 99.1) is furnished pursuant to Item 8.01 and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. This Current Report will not be deemed an admission as to the materiality of any information in the Current Report that is required to be disclosed solely by Regulation FD.

Portions of this Current Report on Form 8-K may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that the actual outcomes will not be materially different due to a number of factors. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. Additional information about significant risks that may impact the Company is contained in the Company’s filings with the Securities and Exchange Commission and may be accessed at www.sec.gov. The Company is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description
10.1		Securities Purchase Agreement, dated September 23, 2025, between the Company and Edward Feighan.
10.2		Securities Purchase Agreement, dated September 23, 2025, between the Company and Michael Cavanaugh.
10.3		Securities Purchase Agreement, dated September 23, 2025, between the Company and Tower IV, LLC.
99.1		Press Release from the Company dated September 24, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RANGE IMPACT, INC.
Dated: September 24, 2025	By:	/s/ Michael Cavanaugh
	Name:	Michael Cavanaugh
	Title:	Chief Executive Officer

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EXHIBIT INDEX

Exhibit No.		Description
10.1		Securities Purchase Agreement, dated September 23, 2025, between the Company and Edward Feighan.
10.2		Securities Purchase Agreement, dated September 23, 2025, between the Company and Michael Cavanaugh.
10.3		Securities Purchase Agreement, dated September 23, 2025, between the Company and Tower IV, LLC.
99.1		Press Release from the Company dated September 24, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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FAQ

What financing did Range Impact, Inc. (RNGE) announce in this 8-K?

Range Impact, Inc. disclosed that it entered into securities purchase agreements on September 23, 2025 to sell 3,666,667 shares of common stock at $0.15 per share, generating approximately $550,000 in gross proceeds.

Who bought the newly issued Range Impact (RNGE) shares and in what amounts?

The purchasers were Edward Feighan (Chairman), Michael Cavanaugh (director and CEO), and existing shareholder Tower IV, LLC. Feighan and Cavanaugh each invested $100,000, while Tower IV, LLC invested $350,000.

At what price did Range Impact (RNGE) sell its new common shares?

The company sold an aggregate of 3,666,667 common shares at a price of $0.15 per share under the securities purchase agreements dated September 23, 2025.

How were the Range Impact (RNGE) share sales exempt from SEC registration?

The sale of the shares was treated as exempt from registration under the Securities Act as transactions by an issuer not involving a public offering pursuant to Section 4(a)(2) and Rule 506 of Regulation D, based in part on each purchaser being an accredited investor.

Will Range Impact (RNGE) register the newly issued shares for resale?

The company agreed in the purchase agreements to use commercially reasonable efforts to file a registration statement under the Securities Act to register the 3,666,667 shares as soon as practicable following the closing.

When did the Range Impact (RNGE) private placement close?

The transactions under the securities purchase agreements closed on September 23, 2025, the same date the agreements were entered into.

What additional documents related to this Range Impact (RNGE) financing were filed?

The company filed the individual Securities Purchase Agreements with each purchaser as Exhibits 10.1, 10.2, and 10.3, and attached a related press release dated September 24, 2025 as Exhibit 99.1.