Home / Going-concern warnings / RANGE IMPACT, INC.
Filed 2025-11-14 路 Form 10-Q 路 Accession 0001493152-25-023395 nano
Price before filing: $0.151 (2025-11-13 close, split/dividend-adjusted)
Market cap at flag: $16.4M (2025-11-14) 路 Latest: $61.2M (2026-10-16)
| Window | RNGE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -5.4% | +1.3% | -6.7% | 2025-12-15 |
| 90 days | -6.0% | +1.7% | -7.6% | 2026-02-12 |
| 180 days | +52.3% | +11.1% | +41.2% | 2026-05-13 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 3 insiders bought $550K (3 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-09-23 | Cavanaugh Michael R. Chief Executive Officer, Director | Purchase | 666,667 | $0.15 | $100K | no | Form 4 |
| 2025-09-23 | FEIGHAN EDWARD F Director | Purchase | 666,667 | $0.15 | $100K | no | Form 4 |
| 2025-09-23 | LoConti Joseph E. 10% owner | Purchase | 2,333,333 | $0.15 | $350K | no | Form 4 |
| 2025-11-14: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-16 to 2025-12-14. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As reflected in the accompanying financial statements, during the nine months ended September 30, 2025, the Company incurred a net loss of $ 1,934,419 (net of the gain on bargain purchase of $ 5,602,484 related to the Fola Acquisition) and generated $ 19,111 of cash in the Company's operating activities, and has an accumulated deficit of $ 53,211,817 . These factors raise substantial doubt about the Company's..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-09-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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