{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-017471","form_type":"8-K","ticker":"PACK","cik":"0001712463","company_name":"Ranpak Holdings Corp.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.173473+00:00","generated_at":"2026-06-15T22:26:51.720637+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ranpak Q1 net loss narrows to $12.4M; constant currency revenue up 1.1% but AEBITDA down 20.9%","bullets":["Net revenue $81.2M, down 1.6% YoY; constant currency net revenue $84.8M, up 1.1%.","Net loss $12.4M vs $14.1M prior year; constant currency AEBITDA $15.1M, down 20.9%.","Packaging system placements up 3.8% to ~139,600 machines.","Cash $58.6M, no revolver borrowings; net leverage 5.7x.","Cautious outlook: slowing industrial activity and banking stress; pulling back on planned spend."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-017471","json":"https://secwatch.observer/filing/0000950170-23-017471.json","markdown":"https://secwatch.observer/filing/0000950170-23-017471.md","text":"https://secwatch.observer/filing/0000950170-23-017471.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712463/000095017023017471/0000950170-23-017471-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712463/000095017023017471/pack-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:26:51.720637+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":[{"claim_id":"461eff11b13cd8d28dd9c6db6a9829a0f0035ece","claim":"Ranpak Holdings Corp. reported first quarter ended March 31, 2023 results: revenue $81.2 million, net income $12.4 million.","evidence_excerpt":"First quarter net revenue decreased 1.6% year over year to $81.2 million and increased 1.1% year over year on a constant currency basis to $84.8 million • First quarter net loss of $12.4 million compared to net loss of $14.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712463/000095017023017471/0000950170-23-017471-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$81.2 million"},{"label":"Net income","value":"$12.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}