Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 641

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 641
---
421 
  
    Impairment 
     (751,421) 
     - 
  
    Ending Balance 
    $-  
    $751,421 

5.
EQUITY

Issuance
of Common Stock and Warrants

In
April 2023, the Company entered into securities purchase agreements providing for the issuance and sale by the Company of (i) 2,733,334
shares of the Company’s common stock (the “April 2023 Shares”) at a price of $0.15 per share and (ii) warrants to purchase
up to an additional 2,733,333 shares of the Company’s common stock at a price of $0.60 per share (the “April 2023 Warrants”).
The April 2023 Warrants expire on April 11, 2028. The aggregate proceeds to the Company from the sale of the April 2023 Shares and April
2023 Warrants were approximately $400,000.

In
August 2023, the Company entered into a securities purchase agreement providing for the issuance and sale by the Company of 6,666,667
shares of the Company’s common stock (the “August 2023 Shares”) at a price of $0.15 per share. After deducting for
fees and expenses, the aggregate net proceeds from the sale of the August 2023 Shares were approximately $1,000,000.

In
October 2023, the Company entered into warrant exchange agreements with certain holders of warrants to exchange warrants to purchase
a total of 21,733,334 shares of the Company’s common stock for an aggregate of 2,173,334 shares of the Company’s common stock.
The warrants that were exchanged were extinguished.

    F-15

In
December 2023, the Company entered into securities purchase agreements providing for the issuance and sale by the Company of 11,333,336
shares of the Company’s common stock (the “December 2023 Shares”) at a price of $0.15 per share. The aggregate proceeds
from the sale of the December 2023 Shares were approximately $1,700,000.

In
June 2024, the Company entered into securities purchase agreement providing for the issuance and sale by the Company of 3,703,704 shares
of the Company’s common stock (the “June 2024 Shares”) at a price of $0.27 per share. The