Range Capital Acquisition Corp II is a Special Purpose Acquisition Company (SPAC) incorporated in the Cayman Islands and headquartered in Cold Spring Harbor, New York. The company's business model is to raise capital through an initial public offering and use the proceeds to acquire or merge with an existing private company, thereby taking the target company public. Range Capital Acquisition Corp II completed its IPO in October 2025, raising approximately $230 million. As a pre-deal SPAC, the company does not currently have active business operations or generate operating revenue; its income is limited to interest earned on the funds held in its trust account. The company has a broad mandate and is not restricted to any specific industry or geographic region, though it intends to focus on capital-constrained and overlooked sectors. The management team is tasked with identifying a suitable business combination target and completing a transaction within a specified timeframe. If a deal is not finalized by its deadline, the SPAC faces mandatory liquidation and will return the funds held in trust to its shareholders.
