Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 78

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 78
---
 customers for a significant
portion of our revenues.

We
currently have one customer in West Virginia that accounts for all of our land reclamation and water treatment business.
The failure to obtain additional customers or the loss of all or a portion of the revenues attributable to any current or future customer
as a result of competition, creditworthiness, inability to negotiate extensions or replacement of contracts or otherwise could have a
material adverse effect on our business, financial condition, results of operations and cash flows.

If
our customers do not enter into, extend or honor their contracts with us, our profitability could be adversely affected. Our ability to
receive payment for production depends on the continued solvency and creditworthiness of our customers and prospective customers. If
any of our customers’ creditworthiness suffers, we may bear an increased risk with respect to payment defaults. If customers refuse
to make payments for which they have a contractual obligation, our revenues could be adversely affected.

15

If
we are unable to identify and acquire businesses or assets in furtherance of our impact investing strategy, we may be unable to generate
significant revenue.

We
intend to acquire additional businesses and assets that will generate revenue related to our impact investing strategy. There can
no assurance that we will be able to do so, or to do so on terms that are acceptable to us, or in a manner that will provide us with
the revenue we expect.

Our
consideration of sustainability and environmental criteria as the pre-eminent part of our business and investment strategy will limit
the types and number of business opportunities available to the Company and may result in the Company engaging in industry sectors that
underperform the market as a whole, or forgoing opportunities to invest available capital in businesses that might otherwise be advantageous
to acquire or develop. If we are not successful in acquiring or developing desirable businesses or assets which fit within our business
strategy or if those businesses do not generate sufficient revenue, our business, financial condition and results of operations could
be materially adversely affected.

Our
impact investing strategy is new, untested and may not be successful.

Our
impact investing strategy is qualitative and subjective by nature, and there is no guarantee that the factors we utilize in making capital
and other resource allocation decisions or any judgment exercised by our management or board will reflect the opinions of any particular
shareholder, and the investment criteria utilized by the Company may differ from the investment criteria that any particular shareholder
considers relevant in evaluating a company’s sustainability or impact investing practices.