Range Capital Acquisition Corp II Reports $1.93 Million Net Income for Quarter Ending June 30, 2026

Range Capital Acquisition Corp II has reported its financial results for the quarter ending June 30, 2026, revealing a net income of $1.93 million for the three-month period and $3.78 million for the six months. This marks a significant increase compared to the previous fiscal period, where the company recorded a net loss of $12,437 from its inception on May 22, 2025, through June 30, 2025. The income primarily stemmed from interest earned on marketable securities held in the Trust Account, which amounted to $2.09 million for the quarter and $4.15 million for the half-year.

The company’s total assets as of June 30, 2026, were reported at $237.20 million, a slight increase from $233.37 million at the end of 2025. The Trust Account, which holds the proceeds from the company’s Initial Public Offering (IPO), contained $236.25 million in marketable securities, up from $232.10 million at the end of the previous year. However, the company also reported an accumulated deficit of $7.24 million, reflecting ongoing operational costs and expenses associated with being a public entity.

Operationally, Range Capital Acquisition Corp II has not yet engaged in any business combinations, as it continues to seek suitable targets for acquisition. The company remains in the early stages of its business model, which is focused on identifying and merging with one or more businesses. As of June 30, 2026, the company had 23.66 million Class A ordinary shares and 7.67 million Class B ordinary shares outstanding. The company has also incurred administrative expenses totaling $120,000 for the first half of 2026, reflecting its ongoing operational activities.

Looking ahead, the company has expressed concerns regarding its liquidity, indicating that the available funds may not be sufficient to sustain operations for the next year. Management has noted that significant costs are expected in pursuit of acquisition plans, raising doubts about the company's ability to continue as a going concern. The company is classified as a smaller reporting company and an emerging growth company, which allows it to take advantage of certain regulatory exemptions. As it moves forward, Range Capital Acquisition Corp II will focus on leveraging its available resources to identify and execute a successful business combination.