For Q1 FY2026 ended March 31, 2026, Range Capital Acquisition Corp II reported net income of $1,843,929, but an operating loss of $223,542. The company had no cash and a shareholders' deficit of $7,090,295.
•Net income of $1,843,929 for Q1 FY2026.
•Operating loss of $223,542.
•No cash on hand; shareholders' deficit of $7,090,295.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Range Capital Acquisition Corp II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Cold Spring Harbor, New York.
What does Range Capital Acquisition Corp II (RNGT) do?
Range Capital Acquisition Corp II is a shell company operating in the financial services sector. Its primary business purpose is to identify and complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), it does not currently have its own operating business or revenue-generating activities. Instead, it raises capital through an initial public offering with the intent to acquire a private company, thereby taking it public. The company was incorporated in 2025 and is based in Cold Spring Harbor, New York.
On which stock exchange is Range Capital Acquisition Corp II (RNGT) listed and in what currency?
Range Capital Acquisition Corp II is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol RNGT. All trading and financial reporting for the company is conducted in United States Dollars (USD). As a US-based SPAC, its shares are traded in US dollars, and any financial disclosures or filings with the Securities and Exchange Commission are denominated in USD. Investors interested in purchasing shares of RNGT can do so through brokerage accounts that offer access to the Nasdaq exchange.
What sector and industry does Range Capital Acquisition Corp II (RNGT) belong to?
Range Capital Acquisition Corp II is classified under the Financial Services sector and specifically operates within the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, existing primarily to facilitate mergers or acquisitions. In this case, the company is a blank check company or SPAC, which raises capital from investors with the sole purpose of acquiring or merging with another business. This industry is distinct from traditional financial services like banking or insurance, as the company's value lies in its ability to identify and execute a successful business combination.
Where is Range Capital Acquisition Corp II (RNGT) headquartered and what markets does it serve?
Range Capital Acquisition Corp II is headquartered in Cold Spring Harbor, New York, United States. As a SPAC, it does not currently serve any specific markets or customers, as it has no operational business. Its focus is on identifying a target company for a business combination, which could be in any industry or geographic region. However, given its US incorporation and listing on the Nasdaq, the company primarily targets acquisition opportunities within the United States or other markets accessible to US investors. The company's management team likely leverages its network to find suitable private companies seeking to go public through a merger.
How does Range Capital Acquisition Corp II (RNGT) make money?
Range Capital Acquisition Corp II does not generate revenue from operations, as it is a shell company with no active business. Its business model is based on raising capital through an initial public offering (IPO) and then using those funds to acquire a private company. The company's management team typically earns compensation through founder shares, warrants, or performance-based incentives tied to the successful completion of a business combination. Once a target is acquired, the combined entity becomes a publicly traded operating company, and the SPAC's investors may realize returns if the post-merger company performs well. Until such a transaction occurs, the company's funds are usually held in a trust account earning minimal interest.