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Ranpak Holdings Corp.PACK

Class A PACKCIK 0001712463

Cash in trust

$307M

$306,893,588

Trust per share

—

Redemption value

IPO

Jan 2018

—

Combination deadline

—

Not disclosed

Filings on record

622

Latest Oct 29, 2026

Business combination

Target
Not disclosed in an indexed filing
Announced
Jan 29, 2019
Closed
Jun 6, 2019

Overview

Ranpak Holdings Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001712463. It completed its initial public offering in Jan 2018 and listing on NYSE. Class A shares trade under the ticker PACK on NYSE. The vehicle is sponsored by One Madison through One Madison Group LLC. The mandate targets consumer. Business combination closed; the company trades under a new ticker.

“we intend to focus on the consumer sector and consumer-related businesses based predominantly in North America with global reach.”
The mandate, as stated in the IPO prospectus
ConsumerNorth America

Reading the filings

Arithmetic on what Ranpak Holdings Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Warrant coverage

    Each unit carried one-half warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Underwriting

    Credit Suisse led the offering. It has been named on 118 SPAC IPOs, book-running 92 of them, and 58.3% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

321602017-072026-10

622 filings in all. 5 in the last three months, against a busiest month of 32.

News on Ranpak Holdings Corp.

Last 90 days

News sentiment

Neutral
negativeneutralpositive

Across 9 recent stories, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.

SEC filing history

Free tier: filings older than 24 hours
  • 10-Q

    Quarterly report

    Accession 0001628280-26-068052

    Oct 29, 2026

    2d ago

    View on EDGAR ↗
  • 8-K

    Current report

    Items 2.02, 9.01 · Accession 0001628280-26-068022

    Oct 29, 2026

    2d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-015229

    Oct 5, 2026

    26d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-015228

    Oct 5, 2026

    26d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-015227

    Oct 5, 2026

    26d ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001628280-26-050839

    Jul 30, 2026

    3mo ago

    View on EDGAR ↗
  • 8-K

    Current report

    Items 2.02, 9.01 · Accession 0001628280-26-050798

    Jul 30, 2026

    3mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-010292

    Jul 6, 2026

    3mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-010291

    Jul 6, 2026

    3mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-010290

    Jul 6, 2026

    3mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007738

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007737

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007736

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007735

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007734

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007733

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-007732

    May 26, 2026

    5mo ago

    View on EDGAR ↗
  • 8-K

    Submission of matters to a vote of security holders

    Item 5.07 · Accession 0000950103-26-007649

    May 22, 2026

    5mo ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001628280-26-028666

    Apr 30, 2026

    6mo ago

    View on EDGAR ↗
  • 8-K

    Current report

    Items 2.02, 9.01 · Accession 0001628280-26-028587

    Apr 30, 2026

    6mo ago

    View on EDGAR ↗
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001140361-26-016679

    Apr 24, 2026

    6mo ago

    View on EDGAR ↗
  • ARS

    ARS

    Accession 0001140361-26-014017

    Apr 9, 2026

    6mo ago

    View on EDGAR ↗
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001140361-26-014016

    Apr 9, 2026

    6mo ago

    View on EDGAR ↗
  • DEF 14A

    Definitive proxy statement

    Accession 0001140361-26-014014

    Apr 9, 2026

    6mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-005439

    Apr 7, 2026

    6mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-005438

    Apr 7, 2026

    6mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-005437

    Apr 7, 2026

    6mo ago

    View on EDGAR ↗
  • PRE 14A

    PRE 14A

    Accession 0001140361-26-011990

    Mar 30, 2026

    7mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-003715

    Mar 12, 2026

    7mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950103-26-003714

    Mar 12, 2026

    7mo ago

    View on EDGAR ↗

Pro

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Ranpak Holdings Corp.: questions answered

What is Ranpak Holdings Corp. (PACK)?

Ranpak Holdings Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001712463. It completed its initial public offering in Jan 2018 and listing on NYSE. Class A shares trade under the ticker PACK on NYSE. The vehicle is sponsored by One Madison through One Madison Group LLC. The mandate targets consumer. Business combination closed; the company trades under a new ticker.

How much does Ranpak Holdings Corp. hold in trust?

Approximately $306,893,588, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Ranpak Holdings Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Ranpak Holdings Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Ranpak Holdings Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Ranpak Holdings Corp. trade under?

Class A shares trade as PACK on NYSE. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Ranpak Holdings Corp.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Ranpak Holdings Corp.'s founder shares and warrants create?

Each unit also carried one-half warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Ranpak Holdings Corp., and what is their track record?

One Madison Group LLC is the sponsor entity, part of the One Madison franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Omar Asali.

Which banks underwrote the Ranpak Holdings Corp. IPO?

Credit Suisse, BofA Securities, I-Bankers Securities. Credit Suisse and BofA Securities were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Ranpak Holdings Corp. tradeable, and where?

Yes. PACK returned a live quote of $3.18 on NYSE. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Ranpak Holdings Corp. a good investment?

That is not a question this site answers. Ranpak Holdings Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Ranpak Holdings Corp. data come from?

Filings Ranpak Holdings Corp. submitted to the SEC under CIK 0001712463: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Nov 1, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

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