Range Capital Acquisition Corp.’s (NASDAQ:RANGU) Quiet Period Set To Expire Tomorrow

Range Capital Acquisition’s (NASDAQ:RANGU) quiet period will end on Wednesday, January 29th. Range Capital Acquisition had issued 10,000,000 shares in its initial public offering on December 20th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Range Capital Acquisition’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Range Capital Acquisition Stock Performance

Shares of NASDAQ:RANGU opened at $10.10 on Tuesday. Range Capital Acquisition has a 52-week low of $10.00 and a 52-week high of $11.01.

Institutional Trading of Range Capital Acquisition

An institutional investor recently bought a new position in Range Capital Acquisition stock. Deltec Asset Management LLC acquired a new stake in shares of Range Capital Acquisition Corp. (NASDAQ:RANGU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 50,000 shares of the company’s stock, valued at approximately $501,000.

About Range Capital Acquisition

We are a blank check company incorporated on July 24, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.