Range Capital Acquisition Corp. (RANGU) Prices $100M IPO

Range Capital Acquisition Corp. (NASDAQ: RANGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RANGU”, Friday, December 20, 2024.

The new SPAC intends to take a generalist approach in searching for a business combination, but will seek opportunities in capital constrained sectors with limited competition for assets.

Range Capital Acquisition Corp.’s sponsor team is led by Chairman, Chief Executive Officer and Chief Financial officer, Tim Rotolo.

James Grigor, Alexander Matina, and John Lovett will serve on its Board of Directors.

Total SPAC deal count for 2024 year-to-date is now 56. This offering is expected to close on Monday, December 23, 2024.

EarlyBirdCapital, Inc. is serving as the sole book-running manager of the offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Transfer & Trust Company is acting as trustee.