Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 324

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 1
Chunk 324
---
 cause the release at that location or if the release complied with applicable law at
the time it occurred. Liability under these laws can be joint and several. The cost of any remediation activities in connection with
a spill or other release of such substances could be significant and could expose us to significant liability.

Our
operations could be adversely impacted by climate change.

Our
environmental services operations may be susceptible to losses and interruptions caused by extreme weather conditions such as droughts,
hurricanes, floods, wildfires, and water or other natural resource shortages, occurrences of which may increase in frequency and severity
as a result of climate change. Climate change may also produce general changes in weather or other environmental conditions, including
temperature or precipitation levels. To the extent weather conditions continue to be impacted by climate change, our environmental services
operations and facilities may be adversely impacted in a manner that we could not predict which may in turn adversely impact our results
of operations. In addition, the potential physical effects of climate change, such as increased frequency and severity of storms, floods,
and other climatic events, could disrupt our operations and cause us to incur significant costs to prepare for or respond to these effects.

If
we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements
and our activities may be restricted, which may make it difficult for us to carry out our impact investing strategy.

If
we are deemed to be an investment company under the Investment Company Act, our activities may be subject to, among other things, restrictions
on the nature of our investments and the issuance of securities, each of which may make it difficult for us to carry out our planned
impact investing strategy. In addition, we may be subject to additional requirements including: (i) registration as an investment company
with the SEC; (ii) adoption of a specific form of corporate structure; and (iii) reporting, record keeping, voting, proxy and disclosure
requirements and other rules and regulations that we are currently not subject to. Compliance with these additional regulatory burdens
would require additional expenses for which we have not allotted funds and may hinder our ability to carry out our impact investing strategy.

In
order not to be regulated as an investment company under the Investment Company Act, unless we can qualify for an exclusion, we must
ensure that we are engaged primarily in a business other than investing, reinvesting or trading of securities and that our activities
do not include investing, reinvesting, owning, holding