Ranpak Holdings Corp.
A maker of recyclable paper protective packaging, Ranpak produces machines and consumables under brands like FillPak, PadPak, WrapPak, and Geami that cushion goods in shipping boxes, used by e-commerce and industrial shippers. Founded in 1972 in Painesville, Ohio, the company grew from George Johnson's 1970 patent for a machine that crinkled kraft paper into padding for automotive parts. The name "Ranpak" is short for "Random Packaging," and its paper pads are made substantially from recycled pulp.
Warrant expiring June 3, 2025 (legacy SPAC warrant from One Madison Corp merger; delisted from NYSE September 2020; ~99.6% exchanged)