Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 168

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 168
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 seek to acquire or develop will require substantial capital investment. Our access to capital on acceptable or favorable
terms to us is necessary for the success of our impact investing strategy, particularly in enhancing our portfolio through M&A activities.
Our attempts to obtain the necessary future financing may not be successful or result in financing available on favorable terms. Our
ability to arrange for financing on a substantially non-recourse or limited recourse basis, and the costs of such financing, are dependent
on numerous factors, including general economic conditions, conditions in the global capital and credit markets, investor confidence,
the success of our business, the credit quality of the businesses being financed, and the continued existence of tax laws which are conducive
to raising capital for these types of activities. If we are not able to obtain financing on a substantially non-recourse or limited recourse
basis, we may have to finance our M&A activities using recourse capital such as direct equity investments or the incurrence of additional
debt by us. Also, in the absence of favorable financing options, we may decide not to develop or acquire facilities or businesses from
third parties. Any of these alternatives could have a material adverse effect on our growth prospects.

16

We
may also need additional financing to implement our impact investing strategic plan. For example, our cash flow from operations and existing
liquidity facilities may not be adequate to finance any acquisitions we may seek to pursue or new technologies we may seek to develop
or acquire. Financing for acquisitions or technology development activities may not be available on terms we find acceptable.

Unfavorable
legislative changes could affect our financial results.

The
environmental assets we are considering purchasing are often subject to environmental regulations, and we expect such regulatory conditions
to influence the assumptions we will make regarding the future revenues and expenses associated with such proposed acquisitions. If those
regulatory conditions change, our revenues may decrease and our expenses may increase, adversely affecting our financial results.

The
reduction or elimination of government incentives could adversely affect our business, financial condition, future results and cash flows.

Our
impact investing strategy benefits from those public policies and government incentives that support renewable energy and enhance the
economic feasibility of sustainability-based projects in regions where we operate. Such policies and incentives include tax credits,
accelerated depreciation tax benefits, renewable portfolio standards, carbon trading mechanisms, rebates, and may include similar or
other incentives to end users, distributors, or other participants in the energy or mining industry. Some of these measures have been
implemented at the federal level,