Range Capital Acquisition Corp.’s (NASDAQ:RANGU) Quiet Period Set To Expire on January 29th

Range Capital Acquisition’s (NASDAQ:RANGU) quiet period is set to expire on Wednesday, January 29th. Range Capital Acquisition had issued 10,000,000 shares in its initial public offering on December 20th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Range Capital Acquisition’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Range Capital Acquisition Trading Up 2.0 %

Shares of RANGU stock opened at $10.29 on Friday. Range Capital Acquisition has a 1-year low of $10.00 and a 1-year high of $11.01.

Range Capital Acquisition Company Profile

We are a blank check company incorporated on July 24, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.