Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 163

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 163
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 environmental liabilities, such as those described above, we could incur significant
costs or reputational damage in connection with the investigation and remediation of environmental contamination, and we could be liable
for any resulting damages including natural resource damages. Such liabilities could exceed our available cash or any applicable insurance
coverage we may have. Additionally, we are subject to, on an ongoing basis, federal, state and local laws and regulations governing the
use, storage, handling and disposal of these materials and specified waste products. The cost of compliance with these laws and regulations
may become significant and could have a material adverse effect on our business, financial condition, results of operations or prospects.

Further,
we may incur costs to defend our position even if we are not liable for consequences arising out of environmental damage. Our insurance
policies may not be sufficient to cover the costs of defending such claims.

Failure
to effectively treat emerging contaminants could result in material liabilities.

A
number of emerging contaminants might be found in water that we treat that may cause a number of illnesses. In applications where treated
water enters the human body, illness and death may result if contaminants or pathogens are not eliminated during the treatment process.
The potential impact of a contamination of water treated using our products, services or solutions is difficult to predict and could
lead to an increased risk of exposure to product liability claims, increased scrutiny by federal and state regulatory agencies and negative
publicity. Further, an outbreak of disease in any one of the markets we serve could result in a widespread loss of customers across such
markets.

13

We
may incur liabilities to customers as a result of failure to meet performance guarantees, which could reduce our profitability.

Our
customers may seek performance guarantees as to our services. Failure to meet specifications of our customers or our failure
to meet our performance guarantees may increase our costs by requiring us to provide additional resources and services, monetary reimbursement
to a customer or could otherwise result in liability to our customers. To the extent that we incur substantial performance guarantee
claims, our reputation, earnings and ability to obtain future business could be materially adversely affected.

Developments
in, and compliance with, current and future environmental and climate change laws and regulations could impact our land reclamation and
water treatment business, financial condition or results of operations.

Our
business, operations, and product and service offerings are subject to and affected by many federal, state, local and foreign environmental
laws and regulations, including those enacted in response to climate change concerns. Compliance with existing laws and regulations