SCHEDULE 13G: Range Capital Acquisition Sponsor and Tim Rotolo Disclose 25.2% Stake in Range Capital Acquisition Corp.
Beneficial Ownership Report
Range Capital Acquisition Sponsor, LLC and its manager Tim Rotolo have reported a beneficial ownership of 25.2% of Range Capital Acquisition Corp.'s Ordinary Shares as of December 31, 2024.
Summary
- Range Capital Acquisition Sponsor, LLC and Tim Rotolo are the Reporting Persons for this Schedule 13G filing.
- As of December 31, 2024, the Reporting Persons beneficially owned an aggregate of 4,036,458 Ordinary Shares of Range Capital Acquisition Corp.
- This ownership represents approximately 25.2% of the Issuer's outstanding Ordinary Shares.
- The calculation of the percentage is based on 16,037,500 Ordinary Shares outstanding as of January 24, 2025, as reported by the Issuer in its Form 10-Q.
- Range Capital Acquisition Sponsor, LLC, a Delaware limited liability company, directly holds these shares.
- Tim Rotolo, a U.S. citizen, is the manager of the Sponsor and indirectly holds the shares, disclaiming beneficial ownership except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or prospects.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of significant beneficial ownership by a sponsor and its manager in a Special Purpose Acquisition Company (SPAC), which is a common structure in the SPAC industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant ownership stake held by the company's sponsor and its manager, which is a key aspect of corporate control and governance.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership threshold met or annual reporting date). |
| 01/24/2025 | Date as of which the Issuer reported 16,037,500 Ordinary Shares outstanding in its Quarterly Report on Form 10-Q. |
| 02/13/2025 | Date of filing of this Schedule 13G statement. |
Keywords
Range Capital Acquisition Corp, Schedule 13G, Beneficial Ownership, SPAC, Ordinary Shares, Tim Rotolo, Range Capital Acquisition Sponsor LLC
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