Company: RNGE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024206
Chunk: 183

Company: RANGE IMPACT, INC.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 183
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ors that underperform the market as a whole, or forgoing opportunities to invest available capital in assets and businesses that
might otherwise be advantageous to acquire or develop. If we are not successful in acquiring or developing desirable businesses or assets
which fit within our business strategy or if those businesses and assets do not generate sufficient revenue, our business, financial
condition and results of operations could be materially adversely affected.

Our
impact investing strategy is new, untested and may not be successful.

Our
impact investing strategy is qualitative and subjective by nature, and there is no guarantee that the factors we utilize in making capital
and other resource allocation decisions or any judgment exercised by our management or board will reflect the opinions of any particular
shareholder, and the investment criteria utilized by the Company may differ from the investment criteria that any particular shareholder
considers relevant in evaluating a company’s sustainability or impact investing practices. In making allocation and investment
decisions, Company management will be dependent upon information and data obtained through voluntary or third-party reporting, if available,
that may be incomplete, inaccurate or present conflicting information and data with respect to a particular opportunity, which in each
case could cause the Company to incorrectly assess a potential target’s business practices with respect to its sustainability and
impact investing practices. Socially and environmentally-responsible norms differ by region. As a result of the Company’s engagement
activities, the Company may make an investment in assets and businesses that do not currently engage in sustainability or impact investing
practices that meet criteria established by the Company in an effort to improve such target’s impact investing practices. Successful
application of the Company’s impact investing strategy and management’s engagement efforts will depend on management’s
skill in properly identifying and analyzing material sustainability issues, and there can be no assurance that the strategy or techniques
employed will be successful.

29

We
have limited experience operating an impact investing strategy and may be subject to increased business and economic risks that could
affect our financial results.

We
have limited experience operating a business with an impact investing strategy. If we are unable to manage our impact investing operations
successfully, our financial results could be adversely affected.

We
may be unable to obtain the financing we need to pursue our impact investing strategy and any future financing we receive may be less
favorable to us than our current financing arrangements, either of which may adversely affect our ability to expand our operations.

Sustainability-focused
assets and businesses we may seek to acquire or develop will require substantial capital investment. Our access to capital on acceptable