Company: RNGE
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010872
Chunk: 23

Company: RANGE IMPACT, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 23
---
 128,000

    $
    0.96

    $
    0.96

    350,834

    $
    1.50 - 1.95

    $
    1.50 - 1.95

    597,500

    $
    2.00 - 2.79

    $
    2.00 - 2.79

    11,365,876

7. WARRANTS

A summary of warrants to purchase common stock
issued during the three months ended March 31, 2025 is as follows:

SCHEDULE
OF WARRANTS ACTIVITY  

    Shares  
    Weighted Average Exercise Price 
  
    Balance Outstanding and Exercisable at December 31, 2024 
     3,166,667  
    $0.56 
  
    Granted 
     -  
     - 
  
    Exercised 
     -  
     - 
  
    Expired 
     -  
     - 
  
    Balance Outstanding and Exercisable at March 31, 2025 
     3,166,667  
    $0.56 

At March 31, 2025, the 3,166,667 outstanding
stock warrants had no intrinsic value.

8. LINE OF CREDIT

In November 2022, the
Company secured a bank line of credit with a limit of $1,000,000.
In November 2023, the parties amended and restated this line of credit. The line of credit, as amended, has a maturity date of December
31, 2025, and bears interest at the fixed rate of eight and three-quarters percent (8.75%).
As of March 31, 2025 and December 31, 2024, the balance due under the line of credit was $1,000,000.

In June 2023, Range Environmental secured a bank
loan with a limit of $1,000,000. In November 2023, the loan amount was increased to $1,400,000. Principal and accrued interest payments
are required in March, June, September and December. The loan has a maturity date of December 31, 2025, and bears interest at the fixed
rate of seven and three-quarters per cent (7.75%). As of March 31, 2025 and December 31, 202