other material
confidence high
sentiment neutral
materiality 0.80
Ranpak issues Amazon warrant for up to 18.7M shares at $6.83; 1.87M vested; expires Jan 2033
Ranpak Holdings Corp.
- Total warrant covers 18,716,456 shares of Class A common stock at $6.8308 exercise price.
- 1,871,646 shares vested upon signing; remaining vest based on commercial spend, fully at $400M.
- Warrant allows cashless exercise, expires January 28, 2033, and has no voting rights until exercised.
- Issued under Section 4(a)(2) private placement; registration rights granted for Warrant Shares.