Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 71

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 71
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 manage this growth, we may need to expand our facilities,
augment our operational, financial and management systems and hire and train qualified personnel. Our management will also be required
to develop new relationships with customers, suppliers and other third parties. Our current and planned operations, personnel, systems,
and internal procedures and controls may not be adequate to support our future growth. If we are unable to manage our growth effectively,
we may not be able to take advantage of market opportunities, execute our business strategies or respond to competitive pressures.

If
we are unable to hire and retain qualified personnel, we may not be able to implement our business plan.

As
of March 27, 2025, we employed 18 full-time employees. Attracting and retaining
personnel will be critical to our success. As a small company with an uncertain future, we may not be able to attract and retain the
qualified personnel necessary for the development of our business. In addition, we may have difficulty recruiting necessary
personnel as a result of our limited operating history. The loss of key personnel or the failure to recruit necessary additional
personnel could impede the achievement of our business objectives.

In
addition, we expect to rely on independent organizations, advisors and consultants to provide certain services. The services of these
independent organizations, advisors and consultants may not be available to us on a timely basis when needed or on acceptable terms,
and if they are not available, we may not be able to find qualified replacements. If we are unable to retain the services of qualified
personnel, independent organizations, advisors and consultants, we may not be able to implement our business plan.

Our
CEO and certain other Company employees devote substantial portions of their time to businesses other than the Company’s business.

Certain
of our officers, directors and employees devote substantial portions of their time to businesses of other companies. Our CEO,
Michael Cavanaugh, currently serves as Chief Investment Officer of Tower 1 Partnership, LLC, an investment firm focused on private
and public investments in a variety of industries, as Managing Partner and Co-Founder of Atlas Resolution Partners LLC, an advisory
firm focused on resolving complex private capital fund issues, and as the manager of several non-affiliated investment partnerships,
pursuant to which he devotes a significant portion of his time. The commitments of our officers, directors and employees to these
other businesses may cause them to devote less time to the Company than would otherwise be the case.

11

Cyber
incidents or attacks directed