The company completed its IPO and private placement in October 2025, raising gross proceeds of $236.6 million, with $230 million placed in a Trust Account. It appointed a board of directors and filed amended articles of association. The company has not commenced operations and generates income from interest on Trust Account investments.

• On September 30, 2025, the company’s registration statement for its IPO was declared effective by the SEC, and on October 2, 2025, it appointed its board of directors and filed amended articles of association [S1].
• On October 6, 2025, the company consummated its IPO, selling 23 million units at $10.00 per unit, generating gross proceeds of $230 million, and simultaneously completed a private placement of 660,000 units for $6.6 million [S1].
• A total of $230 million of net proceeds from the IPO and private placement was placed in a Trust Account for the benefit of public shareholders [S1].
• The company has not engaged in operations or generated revenues to date; its activities have been limited to organizational activities, IPO preparation, and identifying a target for a business combination [S1].
• For the period from inception through December 31, 2025, the company reported net income of $1,836,809, primarily from interest income on Trust Account investments, offset by general and administrative costs [S1].
• As of December 31, 2025, the company had cash of $1,122,608 and current assets of $1,208,059, with current liabilities of $85,602, resulting in a current ratio of 14.11 [S1].

The company has successfully raised significant capital through its IPO and private placement, placing $230 million in a Trust Account dedicated to a business combination. The management team and board have relevant experience in investment management and SPAC transactions, which may support effective identification and execution of a business combination. The company’s strong liquidity position and low liabilities provide a stable financial foundation during the search and acquisition phase.

The company has not yet completed any business combination and has no operating revenues or business operations, which limits visibility into its future prospects. The success of the company depends on its ability to identify and consummate a suitable business combination, which is uncertain. The company incurs ongoing costs related to being a public company and may require additional funding if costs exceed current estimates. There is no assurance that the company’s plans to complete a business combination will be successful.

As a blank check company, Range Capital Acquisition Corp II’s moat is primarily its ability to raise capital through its IPO and private placement and to identify and consummate a business combination with a suitable target. The company’s moat depends on the expertise and network of its management and board to source and negotiate a business combination that creates value. The Trust Account holding substantial funds provides financial security for shareholders until a business combination is completed. However, the company currently has no operating business or revenues, and its moat is contingent on successful execution of its acquisition strategy.

• Business Combination Uncertainty: The company’s ability to generate operating revenues and profits depends on successfully completing a business combination, which is uncertain and may not occur.
• Liquidity and Funding Risks: While the company has substantial funds in the Trust Account, it has limited cash outside the Trust Account and may require additional funding to cover costs related to identifying and completing a business combination.
• Redemption Rights and Share Classification: Class A ordinary shares are subject to possible redemption and are classified as temporary equity, which may affect the company’s equity structure and financial reporting.
• Dependence on Management and Sponsor: The company relies on the expertise and efforts of its management team and Sponsor to identify and complete a business combination. Failure to do so could adversely affect the company.

• Range Capital Acquisition Corp II is a blank check company incorporated in the Cayman Islands on May 22, 2025, formed to effect a business combination with one or more businesses.
• The company completed its Initial Public Offering (IPO) on October 6, 2025, selling 23,000,000 units at $10.00 per unit, generating gross proceeds of $230 million.
• Simultaneously, the company completed a private placement of 660,000 units at $10.00 per unit, generating $6.6 million in gross proceeds.
• A total of $230 million of net proceeds from the IPO and private placement was placed in a Trust Account for the benefit of public shareholders.
• The company has not engaged in any operations or generated revenues to date; its activities have been limited to organizational activities, IPO preparation, and identifying a target for a business combination.
• The company generates non-operating income from interest earned on investments held in the Trust Account.
• For the period from inception (May 22, 2025) through December 31, 2025, the company reported net income of $1,836,809, primarily from interest income of $2,104,545 offset by general and administrative costs of $267,736.
• As of December 31, 2025, the company had cash of $1,122,608 and current assets of $1,208,059, with current liabilities of $85,602, resulting in a current ratio of 14.11.
• The company had marketable securities held in the Trust Account amounting to $232,104,545 as of December 31, 2025.
• The company has no long-term debt or off-balance sheet financing arrangements as of December 31, 2025.
• The board of directors consists of Tim Rotolo (Chairman and CEO), James Grigor, Alexander Matina, and John Lovett, with Mr. Rotolo having extensive experience in investment management and SPACs.
• The company’s Class A ordinary shares are subject to possible redemption and are classified as temporary equity outside of stockholders’ deficit.
• The company’s business combination must be with target businesses having a fair market value of at least 80% of the net balance in the Trust Account at signing.
• The company incurred transaction costs of approximately $13.2 million related to the IPO, including underwriting fees.
• The company’s management has broad discretion over the application of net proceeds, primarily intended for consummating a business combination.
• The company’s financial statements are prepared in accordance with US GAAP and audited by CBIZ CPAs P.C.
• The company’s weighted average shares outstanding for Class A and Class B ordinary shares were approximately 9.1 million and 5.9 million, respectively, with net income per share of $0.12 for each class for the period through December 31, 2025.
• The company pays $20,000 per month to an affiliate of the Sponsor for office space and administrative services, which will cease upon completion of the business combination or liquidation.
• The company may incur loans from the Sponsor or affiliates to fund working capital deficiencies or transaction costs, which may be convertible into units of the post-business combination entity.
• The company’s Chief Financial Officer is the chief operating decision maker and reviews the company as a single reportable segment.