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Range Capital Acquisition Corp II completed its initial public offering, raising $230 million through the sale of 23 million units priced at $10 each, according to a company statement.
The offering included the full exercise of underwriters’ overallotment option for an additional 3 million units. The special purpose acquisition company is led by Timothy Rotolo as chairman and chief executive officer.
The units began trading on the Nasdaq Global Market under the ticker NASDAQ: RNGTU. Each unit consists of one Class A ordinary share and half of one redeemable warrant. The ordinary shares and warrants will trade separately under the symbols RNGT and RNGTW respectively once separate trading begins.
BTIG LLC served as the sole book-running manager for the offering. The Securities and Exchange Commission declared the registration statement effective on September 30, 2025.
Range Capital Acquisition Corp II was formed to pursue mergers, acquisitions, share exchanges or similar business combinations with one or more companies. The company may target businesses in any industry or geographic region that could benefit from its management team’s expertise.
The management team includes chief financial officer Andrew Kucharchuk alongside Rotolo. The company describes itself as bringing experience in deal sourcing, investing and operations.