Graphic Packaging Enters Material Definitive Agreement

TL;DR

**Graphic Packaging just signed a big deal, but the details are still under wraps!**

AI Summary

Graphic Packaging Holding Company filed an 8-K on February 20, 2024, reporting an "Entry into a Material Definitive Agreement" and "Regulation FD Disclosure." The filing indicates a significant event occurred on February 20, 2024, related to a material agreement, though specific details of the agreement, such as parties involved or financial terms, are not disclosed in this initial filing. The company, based in Atlanta, Georgia, operates in the paperboard containers and boxes industry.

Why It Matters

This filing signals a potentially significant strategic or financial move by Graphic Packaging, which could impact its future operations, financial performance, and competitive position in the paperboard packaging industry.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement but lacks specific details, creating uncertainty about its potential impact.

Key Players & Entities

• GRAPHIC PACKAGING HOLDING COMPANY (company) — Registrant
• February 20, 2024 (date) — Date of earliest event reported and filing date
• Delaware (location) — State of incorporation
• Atlanta, Georgia (location) — Principal executive offices
• 001-33988 (other) — Commission File Number

FAQ

From the Filing

0001193125-24-040025.txt : 20240220 0001193125-24-040025.hdr.sgml : 20240220 20240220163106 ACCESSION NUMBER: 0001193125-24-040025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240220 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRAPHIC PACKAGING HOLDING CO CENTRAL INDEX KEY: 0001408075 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 260405422 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33988 FILM NUMBER: 24653973 BUSINESS ADDRESS: STREET 1: 1500 RIVEREDGE PARKWAY STREET 2: SUITE100 CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: (770) 240-7200 MAIL ADDRESS: STREET 1: 1500 RIVEREDGE PARKWAY STREET 2: SUITE100 CITY: ATLANTA STATE: GA ZIP: 30328 FORMER COMPANY: FORMER CONFORMED NAME: New Giant CORP DATE OF NAME CHANGE: 20070726 8-K 1 d792998d8k.htm 8-K 8-K GRAPHIC PACKAGING HOLDING CO false 0001408075 0001408075 2024-02-20 2024-02-20     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 20, 2024     GRAPHIC PACKAGING HOLDING COMPANY (Exact name of registrant as specified in its charter)       Delaware   001-33988   26-0405422 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 1500 Riveredge Parkway , Suite 100 Atlanta , Georgia 30328 (Address of principal executive offices) (770) 240-7200 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of Each Class   Trading Symbol   Name of Each Exchange on Which Registered Common Stock, $0.01 par value per share   GPK   New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None ☐    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.       Item 1.01 Entry into a Material Definitive Agreement. On February 20, 2024, Graphic Packaging International, LLC (the “Company”), a Delaware limited liability company and a wholly-owned subsidiary of Graphic Packaging Holding Company, and Clearwater Paper Corporation, a Delaware corporation (“CLW”), entered into a Purchase Agreement (the “Purchase Agreement), pursuant to which, among other things, the Company agreed to sell its paperboard manufacturing bus