Range Capital Acquisition Corp.: issues $540,000 promissory note

What happened The filing reports that on Jun 18, 2026, Range Capital Acquisition Corp. issued an unsecured promissory note in the principal amount of up to $540,000 to its sponsor, Range Capital Acquisition Sponsor, LLC. The filing states that the Note does not bear interest and the principal balance will be payable on the earlier of: (i) the date on which the company consummates its initial business combination and (ii) the date that the winding up of the company is effective. On Oct 21, 2026, $60,000 was drawn down from the Note and deposited into the trust account, and an aggregate of $300,000 was outstanding under the Note.

Key details

• Principal amount up to $540,000 issued to Range Capital Acquisition Sponsor, LLC.
• Sponsor or its designees may contribute up to $60,000 per month to the trust account.
• The Note does not bear interest and, if no initial business combination occurs, will be repaid only from amounts remaining outside the trust account, if any.
• On Oct 21, 2026, $60,000 was drawn and $300,000 was outstanding; the Note is subject to customary events of default that can accelerate payment.

Why it may matter This was reported under Item 8.01: Other events, which covers the issuance and drawdown of the unsecured promissory note and describes its repayment and default terms. The filing does not show why the sponsor provided the loan or why the company drew on the Note.