Rotolo Tim bought RANG
January 3, 2025 · Form 4 insider transaction
Rotolo Tim bought 28,125 shares of Range Capital Acquisition Corp., a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
On December 31, 2024, the underwriters of Range Capital Acquisition Corp. (the "Company") notified the Company of their exercise of the over-allotment option in full and the over-allotment option closed on January 3, 2025. Simultaneously with the closing of the over-allotment option, Range Capital Acquisition Sponsor, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 28,125 units (the "Private Units") in a private placement for an aggregate purchase price of $281,250. Each Private Unit consists of one ordinary share and one right entitling the holder thereof to receive one-tenth of one ordinary share upon the completion of an initial business combination. The reported shares are the 28,125 ordinary shares included in such Private Units.; The securities are held directly by the Sponsor and indirectly by Tim Rotolo, as manager of the Sponsor. Mr. Rotolo disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.