Ranpak Holdings Corp. (PACK) Announces Proposed 4.5M Share Public Offering of Class A Common Stock
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Ranpak Announces Proposed Public Offering of Class A Common Stock
May 25, 2021 4:47 PM EDTCONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp. (Ranpak) (NYSE: PACK), a leading provider of environmentally sustainable, systems-based, product protection solutions for e-commerce and industrial supply chains, today announced that it has commenced an underwritten registered public offering of its Class A common stock. The proposed offering consists of 4,500,000 shares being offered by Ranpak and 500,000 shares being offered by certain selling security holders of Ranpak (the Selling Security Holders). In addition, Ranpak intends to grant the underwriter a 30-day option to purchase additional shares, in a number equal to up to 15% of the... More
