Ranpak Holdings Corp. Files 8-K on Equity Sales
Ticker: PACK · Form: 8-K · Filed: Dec 30, 2024 · CIK: 1712463
| Field | Detail |
|---|---|
| Company | Ranpak Holdings Corp. (PACK) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, financials, disclosure
TL;DR
Ranpak filed an 8-K for unregistered equity sales & financials.
AI Summary
On December 30, 2024, Ranpak Holdings Corp. filed an 8-K report detailing unregistered sales of equity securities. The filing also includes financial statements and exhibits, with the report being conformed as of December 30, 2024. Ranpak Holdings Corp. is incorporated in Delaware and its principal executive offices are located at 7990 Auburn Road, Concord Township, Ohio.
Why It Matters
This filing indicates potential changes in the company's equity structure, which could impact share ownership and valuation.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of equity sales and financial statements, not indicating any immediate operational or financial distress.
Key Players & Entities
- Ranpak Holdings Corp. (company) — Registrant
- December 30, 2024 (date) — Date of Report
- 7990 Auburn Road, Concord Township, Ohio (location) — Principal executive offices
- Delaware (location) — State of incorporation
FAQ
What specific type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the exact type of securities in the provided text.
Were these sales to employees, executives, or external investors?
The filing does not specify the recipients of the unregistered equity sales in the provided text.
What is the total dollar amount of the unregistered equity sales?
The provided text does not include the specific dollar amount of the unregistered equity sales.
What are the key financial statements included in this filing?
The filing indicates 'Financial Statements and Exhibits' are included, but the specific statements are not detailed in the provided text.
What was Ranpak Holdings Corp.'s former name?
Ranpak Holdings Corp.'s former name was One Madison Corp, with a date of name change on 20170720.
Filing Stats: 572 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-12-30 16:30:30
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share PACK New York Stock Exchang
Filing Documents
- dp222848_8k.htm (8-K) — 23KB
- 0000950103-24-018483.txt ( ) — 190KB
- pack-20241230.xsd (EX-101.SCH) — 3KB
- pack-20241230_lab.xml (EX-101.LAB) — 33KB
- pack-20241230_pre.xml (EX-101.PRE) — 22KB
- dp222848_8k_htm.xml (XML) — 3KB
02
Item 3.02 Unregistered Sales of Equity Securities. On December 30, 2024, Ranpak Holdings Corp. (the "Company") issued 2,921,099 shares of Class A common stock, par value $0.0001 per share ("Class A Shares") upon conversion by a holder of an aggregate outstanding amount of 2,921,099 shares of Class C common stock, par value $0.0001 per share ("Class C Shares"). The shares of Class C Shares were issued in connection with the closing of our business combination in June 2019. Pursuant to the terms of our Certificate of Incorporation, Class C Shares are convertible into Class A Shares on a 1:1 basis at the holder's election. The Company did not receive any cash proceeds as a result of the conversion of the shares of Class C Shares into shares of Class A Shares, and the shares of Class C Shares converted have been retired and cancelled. The issuance of the shares of Class A Shares was made by the Company pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended, contained in Section 3(a)(9) of such act.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 30, 2024 RANPAK HOLDINGS CORP. By: /s/ William Drew William Drew Executive Vice President and Chief Financial Officer