{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-010681","form_type":"8-K","ticker":"PACK","cik":"0001712463","company_name":"Ranpak Holdings Corp.","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.751201+00:00","generated_at":"2026-05-17T09:58:14.615966+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ranpak issues warrant to Walmart for up to 22.5M shares at $6.8308, vesting tied to spend","bullets":["Issued warrant to Walmart to purchase up to 22.5M shares of Ranpak common stock at $6.8308 per share.","2.25M shares vested immediately; remainder vest based on Walmart payments under current and future commercial agreements.","All warrant shares vest upon aggregate spend of $300M (net of paper procurement costs incurred by Ranpak).","Warrant expires August 22, 2035; allows cashless exercise; no voting rights until exercised.","Over $100M of expected spend allocated to Automation Solutions; remainder to Protective Packaging."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-010681","json":"https://secwatch.observer/filing/0000950103-25-010681.json","markdown":"https://secwatch.observer/filing/0000950103-25-010681.md","text":"https://secwatch.observer/filing/0000950103-25-010681.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712463/000095010325010681/0000950103-25-010681-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712463/000095010325010681/dp233343_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:58:14.615966+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}