Company: RNGE
Filing Date: 2025-11-19
Form Type: 424B3
Source: 0001493152-25-024206
Chunk: 23

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-19
Form: 424B3
Chunk 23
---
 | $ |  6,156,000 |   |
| Land                                   |     |   |    554,900 |   |
| Buildings                              |     |   |    199,500 |   |
| Total assets acquired                  |     |   |  6,910,400 |   |
| Less: Gain on bargain purchase price   |     |   | (1,875,150 | ) |
| Purchase price                         |     | $ |  5,035,250 |   |
| Cash consideration                     |     |   |  1,000,000 |   |
| Long-term notes issued to the seller   |     |   |  4,035,250 |   |
| Total purchase price                   |     | $ |  5,035,250 |   |
| Acquisition transaction costs incurred |     | $ |    167,212 |   |

As discussed in Note 4, on August 22, 2024, approximately all of the equipment, land and buildings acquired in connection with the August 2023 transaction were sold to the previous owner of Collins Building in consideration of the full and complete cancellation of the First Promissory Note and the Second Promissory Note.

Collins Building contributed $208,820 of revenue and $65 of net loss to the Company’s consolidated revenues and net income for the three months ended September 30, 2025. Collins Building contributed $781,706 of revenue and $1,616 of net income to the Company’s consolidated revenues and net income for the nine months ended September 30, 2025. We anticipate these contracts will be completed by the middle of 2026. Collins Building’s operations contributed revenues of $0 and net loss of $8,136 to the Company’s consolidated revenues and net loss for the three months ended September 30, 2024. For the nine months ended September 30, 2024, Collins Building’s operations contributed no revenue and a net loss of $552,972. The losses stem primarily from depreciation of equipment and buildings purchased as part of the Collins Building acquisition.

| 14 |

3. ACQUISITION OF FOLA MINE SITE

On March 31, 2025, the Company, through its wholly-owned subsidiary Range Sky View Land, LLC, acquired 120,154 acres of fee, surface and mineral interests at the Fola mine complex (“Fola Mine”) located in Clay and Nicholas Counties, West Virginia. As part