Davis Polk advised Ranpak Holdings Corp. in connection with the $110 million SEC-registered offering of 16,923,077 shares of its Class A common stock, including 1,538,461 shares pursuant to the underwriter’s exercise in full of its over-allotment option. The Class A common stock is listed on the New York Stock Exchange under the symbol “PACK.”
Ranpak is a leading provider of environmentally sustainable, systems-based, product protection solutions for e-commerce and industrial supply chains. Since its inception in 1972, Ranpak has delivered high quality protective packaging solutions, while maintaining its commitment to environmental sustainability.
The Davis Polk capital markets team included partner John B. Meade and associates Cameron C. Lewis and Roderick G. Miller. The U.S. tax team consisted of partner David H. Schnabel and associate Joshua J. Micelotta. Associate Matthew R. Silver provided 1940 Act advice.
All members of the Davis Polk team are based in the New York office.