Ranpak Holdings Corp. current report, 28 May 2020

Ranpak Holdings Corp. 8-K Summary

Business Context and Reporting Period

This Form 8-K Current Report was filed by Ranpak Holdings Corp. on June 2, 2020, regarding events occurring on May 28, 2020. The filing documents the results of the Company's annual meeting of stockholders.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting outcomes rather than financial performance.

Material Changes and Voting Results

The primary material event reported is the election of Class I directors and the ratification of the independent auditor. The vote tabulation for the directors was as follows:

  • Michael Gliedman: 56,582,226 votes For; 374,767 votes Withheld.
  • Steve Kovach: 56,583,137 votes For; 373,856 votes Withheld.
  • Alicia Tranen: 56,585,715 votes For; 371,278 votes Withheld.

Broker non-votes totaled 3,659,719 shares. Additionally, stockholders approved the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the 2020 fiscal year with 60,247,591 votes in favor, 369,121 votes against, and 0 abstentions.

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Key Facts for Investor Verification

  • Confirmation that all three proposed Class I directors were successfully elected.
  • Verification of the low number of withheld votes and against votes, indicating strong shareholder support for management and the audit firm.
  • Confirmation that Deloitte & Touche LLP is the appointed auditor for the 2020 fiscal year.