Range Impact Takes Steps to Enhance Visibility with OTCQB Uplist

Author: Owen Jenkins Updated: 09-20-2024 09:21 AM

Range Impact Moves Forward with OTCQB Application

Range Impact, Inc. (OTC: RNGE) is thrilled to unveil its application to uplist its common shares from the OTC Pink Sheets to the OTCQB Venture Market. The decision signifies a transformative step for the company, aimed at improving shareholder engagement and expanding its market reach.

Understanding the OTCQB Venture Market

The OTCQB Venture Market is well-known for being a trading platform tailored for entrepreneurial and growth-oriented companies. According to the Securities and Exchange Commission, it serves as an established public market that assists in determining the public market price for securities. This uplisting is seen as a pivotal move by Range Impact's leadership to enhance its stature in the investment community.

Insights from the CEO

Michael Cavanaugh, CEO of Range Impact, shared his enthusiasm about this move, stating, "We believe that uplisting to the OTCQB would broaden the Company's shareholder base and enhance the Company's visibility and transparency within the investment community." The potential approval of this application is viewed as a clear pathway to improved access to capital, thus creating more viable trading opportunities for investors.

Application Review Process

Upon submission of its uplist application, Range Impact is poised to engage with the OTC Markets Group Inc. for a thorough review process. This transparent process allows the company to keep all stakeholders informed about the progress of its application. If successful, Range Impact anticipates that its common stock will continue trading under the ticker symbol "RNGE" on the OTCQB platform.

Commitment to Impact Investing

Range Impact is driven by a mission focused on enhancing health and wellness for both communities and the environment through innovative impact investing. With its headquarters in Cleveland, Ohio, the company operates multiple businesses that aim to develop long-term solutions addressing environmental, social, and health challenges. A significant aspect of its strategy involves acquiring, reclaiming, and repurposing undervalued land, particularly in economically challenged areas throughout Appalachia.

Strategic Vision

By leveraging its competitive advantages, Range Impact adopts a unique approach to solving traditional problems. This mindset drives the company to thoughtfully allocate its resources into opportunities that promise a positive impact while also delivering strong returns for its shareholders.

Engaging with Investors

As the journey towards uplisting progresses, Range Impact is committed to maintaining open lines of communication with its investor community. This engagement is vital as it not only fosters trust but also helps investors stay informed about the company's initiatives and growth trajectory.

Frequently Asked Questions

What does uplisting to the OTCQB mean for Range Impact?

Uplisting to the OTCQB signifies Range Impact's growth potential and enhances its visibility and credibility within the investment community.

How will this affect investors in RNGE?

Investors can expect improved access to capital and potentially better trading opportunities, which may lead to enhanced shareholder value.

What is the focus of Range Impact's business strategy?

Range Impact focuses on impact investing, specifically on reclaiming undervalued properties to address social and environmental issues effectively.

How does Range Impact keep investors updated?

The company commits to keeping its investors informed about the status of its uplisting application and other significant developments.

What is the next step after submitting the application?

The next step involves the OTC Markets Group's review of the application, and Range Impact will keep stakeholders updated throughout the process.

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