
Range Capital Acquisition Corp II
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Range Capital Acquisition Corp II is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in May 2025. Its business model is to identify and complete a business combination with one or more target companies using proceeds from its IPO and private placement. The company completed its IPO in October 2025, raising gross proceeds of $230 million, which were placed in a Trust Account. It has not commenced operations or generated revenues, focusing on organizational activities and target identification. The company earns interest income on Trust Account investments and incurs public company expenses. As of March 31, 2026, it holds current assets of approximately $1.06 million and current liabilities of $136,902, with no long-term debt. The company’s shares include Class A ordinary shares subject to possible redemption and Class B founder shares. The board includes experienced executives and independent directors. The company’s financial statements are audited and comply with applicable accounting standards.
Range Capital Acquisition Corp II is a Cayman Islands incorporated blank check company formed in May 2025 to effect a business combination. It completed its IPO in October 2025, raising $230 million placed in a Trust Account. The company has no operating revenues and generates income from interest on Trust Account investments. As of March 31, 2026, it reported net income of $1.84 million and holds current assets of approximately $1.06 million with a strong current ratio of 7.75. The company’s governance includes experienced directors and management. Financial disclosures are comprehensive and audited, with no long-term debt or off-balance sheet arrangements. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
The company has successfully completed its IPO and raised significant capital placed in a Trust Account, providing financial resources to pursue a business combination. Its management team and board have relevant experience in investment management and public company operations. The company maintains a strong liquidity position with a high current ratio and no long-term debt. The governance structure includes independent directors and established controls. The company’s financial disclosures are comprehensive and audited, supporting transparency.
The company has not yet completed a business combination and has no operating revenues or business operations. Its success depends on identifying and closing a suitable acquisition, which carries execution risk. The company incurs ongoing public company expenses without operating income. The cash ratio is zero as cash is held primarily in the Trust Account, limiting immediate liquidity outside of that account. Deferred underwriting fees and other costs may impact future financials upon business combination. The company’s founder shares and private placement units are subject to lock-up agreements, which may affect shareholder dynamics post-combination.
As a blank check company, Range Capital Acquisition Corp II’s moat is limited to its ability to identify and complete a successful business combination. It holds substantial funds in a Trust Account to finance such a combination, but it has no operating business or proprietary assets. Its competitive advantage depends on the experience and network of its management and board to source and negotiate transactions. The company’s structure and governance provide transparency and regulatory compliance, but the inherent risks of SPACs include uncertainty of deal completion and execution.
• Business Combination Execution Risk: The company’s ability to complete a business combination is uncertain and depends on successfully identifying and negotiating with target businesses. Failure to complete a combination could result in liquidation and loss of investment.
• Liquidity and Funding Risk: While the company holds substantial funds in a Trust Account, cash outside the Trust Account is limited. Additional funding may be required if costs exceed current estimates, and loans from sponsors or affiliates may be necessary.
• Regulatory and Compliance Risk: As a public company, the company incurs ongoing legal, financial reporting, accounting, and auditing expenses. Changes in regulations or failure to maintain effective controls could adversely affect operations.
• Market and Shareholder Redemption Risk: Class A ordinary shares are subject to possible redemption, which may affect the company’s capital structure and available funds for a business combination.
Business trends: The company is focused on identifying and completing a business combination using IPO proceeds held in trust.
Execution milestones: Completion of IPO, establishment of governance, and maintenance of liquidity; ongoing target evaluation and due diligence.
Key risks: Execution risk of business combination, liquidity constraints outside trust account, regulatory compliance, and shareholder redemption rights.
High visibility
Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).
- 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 such as merger, amalgamation, share exchange, asset acquisition, share purchase, or reorganization.
- The company completed its Initial Public Offering (IPO) on October 6, 2025, selling 23,000,000 units at $10.00 per unit, including full exercise of the underwriters' over-allotment option, generating gross proceeds of $230 million.
- Simultaneously, the company completed a private placement of 660,000 units at $10.00 per unit, generating gross proceeds of $6.6 million.
- 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, with Continental as trustee.
- 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 and incurs expenses related to being a public company, including legal, financial reporting, accounting, and auditing compliance.
- As of March 31, 2026, the company had cash and cash equivalents of $0, current assets of $1,061,591, and current liabilities of $136,902, resulting in a current ratio of 7.75 and a cash ratio of 0.
- For the quarter ended March 31, 2026, the company reported net income of $1,843,929, primarily from interest income and offset by operating expenses.
- The company’s board of directors as of October 2, 2025, consists of Tim Rotolo (Chairman and CEO), James Grigor, Alexander Matina, and John Lovett, with independent directors identified per Nasdaq standards.
- The company’s management and governance structure includes experienced executives with backgrounds in investment management and public company leadership.
- The company’s Class A ordinary shares are subject to possible redemption and are classified as temporary equity outside of stockholders’ deficit.
- The company has no long-term debt, capital lease obligations, or off-balance sheet financing arrangements as of the latest filings.
- The company’s financial statements are audited by CBIZ CPAs P.C., with no material misstatements noted and effective disclosure controls and procedures as of December 31, 2025.
- The company’s primary liquidity is held in the Trust Account, invested in money market funds primarily in U.S. Treasury securities.
- The company intends to use funds held outside the Trust Account to identify and evaluate target businesses, perform due diligence, and complete a business combination.
- The company may incur significant costs in pursuit of its acquisition plans and cannot assure successful completion of a business combination.
- The company’s net income per Class A and Class B ordinary shares was $0.12 for the period from inception through December 31, 2025.
- The company’s deferred underwriting fees of $8,050,000 are payable upon completion of an initial business combination.
- The company’s founder shares and private placement units are subject to lock-up agreements with specified release conditions.
- The company’s administrative services agreement requires monthly payments of $20,000 to an affiliate of the Sponsor for office space and support, ceasing upon business combination or liquidation.
Generated 2026-05-19
- S1 | 2026-03-24 | 10-K
- S2 | 2026-05-14 | 10-Q
This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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