Correspondence 0001493152-24-041059 from RANGE IMPACT, INC. (RNGE) (CIK 0001438943) (RNGE)
RANGE IMPACT, INC. (RNGE) (CIK 0001438943)
Date: Oct. 15, 2024 · CIK: 0001438943 · Accession: 0001493152-24-041059
AI Filing Summary & Sentiment
File numbers found in text: 000-53832
Referenced dates: October 3, 2024
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CORRESP
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filename1.htm
DIRECT
DIRECT FAX
EMAIL
Howard
Groedel
Partner
216.583.7118
216.583.7119
hgroedel@ubglaw.com
October
15, 2024
VIA
EDGAR SUBMISSION
United
States Securities and Exchange Commission
Division
of Corporation Finance
Office
of Real Estate & Construction
100
F Street, N.E.
Washington,
D.C. 20549
Attn:
Ruari Regan and David Link
Office
of Real Estate & Construction
Re:
Range
Impact, Inc.
Amendment
No. 1 to Annual Report on Form 10-K
Amendment
No. 1 to Quarterly Report on Form 10-Q
Filed
August 8, 2024
File
No. 000-53832
BOCA RATON
CHICAGO
CINCINNATI
CLAYTON, MO
CLEVELAND
COLUMBUS, OH
NEW YORK
SO. ILLINOIS
ST. LOUIS
WASHINGTON, DC
UBGLAW.COM
Ladies and Gentlemen:
This letter is submitted on behalf of Range Impact, Inc. (the “Company”) in response to the comments of the staff of the Division of Corporation Finance (the “Staff”) with respect to the Company’s Amendment No. 1 to Annual Report on Form 10-K and Amendment No. 1 to Quarterly Report on Form 10-Q, both of which were filed on August 8, 2024 (respectively, “Form 10-K/A” and “Form 10-Q/A”), as set forth in your letter dated October 3, 2024 addressed to Michael Cavanaugh, Chief Executive Officer of the Company (the “Comment Letter”).
For reference purposes, the text of the Staff’s comment has been reproduced herein with a response to the numbered comment.
The responses provided herein are based upon information provided to UB Greensfelder LLP by the Company.
Amendment No. 1 to Annual Report on Form 10-K:
Mine
Safety Disclosure, page 36
1. We
note your response to prior comment 1 that you ceased being the operator of a coal or other
mine effective December 29, 2023, and therefore, no disclosures under Item 104 of Regulation
S-K were required in filings for periods after such date. Please reconcile this response
with your disclosure in your Form 10-Q, filed August 14, 2024, regarding your statement that
Range Minerals subcontracted mining activities and that on May 1, 2024, Range Minerals contracted
with a mining contractor at the Fola mining site in West Virginia. It appears, based on these
disclosures that you continue to conduct mining activities. Please provide the Mine Safety
Disclosure required by Item 4 in Part II of Form 10-Q or explain how you concluded such disclosure
is not required.
1660
West 2nd Street
Suite
1100
Cleveland,
OH 44113-1406
FIRM 216.583.7000
FAX 216.583.7001
United
States Securities and Exchange Commission
October
15, 2024
Page
2
RESPONSE:
In response to the Staff’s comment, on October 15, 2024, the Company filed (i) Form 10-Q/A Amendment No. 2 for the quarterly period
ending March 31, 2024 and (ii) a Form 10-Q/A for the quarterly period ending June 30, 2024, disclosing in Item 4 in Part II of both filings
the information required by Item 104 of Regulation S-K.
Form
10-Q/A filed August 8, 2024
Restatement
of Previously Reported Financial Statements, page 13
2. We
note that you reported a significant restatement to your reported Cost of Services as of
March 31, 2024. Please clarify to us how you evaluated the current report requirements under
Item 4.02 of Form 8-K or file any required current reports as needed.
RESPONSE:
We acknowledge the Staff’s comment. We further acknowledge that the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), requires the Company to file a report on Form 8-K upon the occurrence of any one or more events specified in the items in
Sections 1-6 and 9 of that form, including Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report
or Completed Interim Review. The Company inadvertently failed to file a timely current report as required by Form 8-K. On October 15,
2024, the Company filed a Form 8-K disclosing the information required by Item 4.02.
Very truly yours,
/s/ Howard Groedel
Howard Groedel