Range Impact (OTC: RNGE) details Q1 2026 results and land-redevelopment focus
Rhea-AI Filing Summary
Range Impact, Inc. filed a current report to furnish a press release announcing its financial results for the first quarter ended March 31, 2026. The company highlights that its land-ownership business model is beginning to take shape, using coal royalty income to help fund mine reclamation activities.
Management emphasizes a growing focus on long-term land redevelopment opportunities, aiming to convert former coal mine properties in Appalachia into mixed-use developments that can create significant terminal value for shareholders. The press release and the related information are furnished, not filed, and include customary cautionary language about forward-looking statements.
Positive
- None.
Negative
- None.
8-K Event Classification
Key Terms
forward-looking statements regulatory
Regulation FD regulatory
coal royalty income financial
impact investing financial
mixed-use developments other
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 8.01 Other Events.
Press Release
On May 15, 2026, the Company issued a press release reporting its financial results for the first quarter of 2026.
A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
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 this Current Report that is required to be disclosed solely by Regulation FD.
Portions of this Current Report 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 | |
| 99.1 | Press Release dated May 15, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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: May 15, 2026 | By: | /s/ Michael Cavanaugh |
| Name: | Michael Cavanaugh | |
| Title: | Chief Executive Officer | |
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release dated May 15, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Exhibit 99.1
Range Impact Reports 1Q 2026 Financial Results
CLEVELAND, OHIO – (May 15, 2026) – Range Impact, Inc. (OTC: RNGE) (“Range Impact” or the “Company”), a public company dedicated to acquiring, reclaiming and repurposing distressed coal mine properties throughout Appalachia, reported its results for the first quarter ended March 31, 2026.
Range Impact’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 was filed with the Securities and Exchange Commission on May 15, 2026 and is available for viewing at https://rangeimpact.com/investors/. Since the information provided in this press release is limited to selected financial and operational information, shareholders and interested parties are encouraged to read the Company’s full Form 10-Q available on its website.
1Q 2026 Highlights
| ○ | Increased royalty income from $0 in 1Q 2025 to $915,380 in 1Q 2026 |
| ○ | Reduced cash operating expenses from $537,260 in 1Q 2025 to $510,661 in 1Q 2026 |
| ○ | Invested $1,193,522 of cash into mine site reclamation activities in 1Q 2026 |
| ○ | Increased land investment from $9,569,897 in 1Q 2025 to $42,548,402 in 1Q 2026 |
| ○ | Reduced debt outstanding from $4,237,930 in 1Q 2025 to $1,800,000 in 1Q 2026 |
| ○ | Increased stockholders’ equity from $6,538,522 in 1Q 2025 to $36,110,889 in 1Q 2026 |
Michael
Cavanaugh, Range Impact’s Chief Executive Officer, stated, “I am very pleased with our 1Q 2026 financial results as our land-ownership
business model begins to take shape and future value is created in our underlying properties.” Cavanaugh added, “We are generating
coal royalty income to
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
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