Range Impact, Inc.: issues 1,308,868 shares in option transitions

What happened

• Range Impact, Inc. reported that on Sep 30, 2026 Range Bluegrass Land, LLC, a wholly owned indirect subsidiary, entered into Transition Agreements with MRR CNG, LLC and Wicks Building LLC terminating prior option agreements dated Dec 31, 2025, and that the company issued common stock as consideration under related subscription agreements.
• The company issued 654,434 shares to MRR CNG, LLC and 654,434 shares to Wicks Building LLC, each in exchange for $500,000, with the share price set at $0.764 per share (the volume-weighted average price for all trades during Sep 2026).
• In connection with those arrangements, Range Impact also entered into Transition Agreements with MRR CNG, LLC and F & G, LLC terminating prior consulting agreements and stating that fees previously paid under those consulting agreements were deemed earned and not refundable.

Key details

• Date of agreements: Sep 30, 2026.
• Shares issued: 654,434 shares to MRR and 654,434 shares to Wicks, total 1,308,868 shares.
• Consideration: $500,000 to each counterparty; Option Fees previously paid were deemed to satisfy the subscription payments.
• Share price: $0.764 per share, the volume-weighted average price for Sep 2026.
• Consulting agreements with MRR and F & G were terminated; fees previously paid were deemed earned and nonrefundable.

Why it may matter

• The filing reports Item 1.01 (entry into material definitive agreements) covering the transition and subscription agreements and the termination of prior option and consulting agreements, and Item 3.02 (unregistered sales of equity securities) covering the issuance of the shares.
• A filing does not show why the insider traded or why the company acted.