Sign in

PACK on NYSE

Ranpak

Logo: Ranpak, CC BY-SA 4.0, via Wikimedia Commons4

American paper products manufacturer

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain purposes, and is sometimes known as dunnage.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with IT TECH PACKAGING, INC., Avery Dennison or Kimberly-Clark, or pick any stock.

  • TickerPACK on NYSE1
  • IndustryConverted Paper & Paperboard Prods (No Contaners/Boxes)1
  • HeadquartersConcord Township, Ohio1
  • Websitewww.ranpak.com
  • Incorporated inCayman Islands5
  • Business address7990 Auburn Road, Concord Township, Oh 440775
  • Filer categoryAccelerated filer5

See how the biggest companies compare on our leaderboards

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain purposes, and is sometimes known as dunnage. Ranpak counts customers globally like Amazon, IKEA, and Walmart.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

39.3%Gross margin8
-7.3%Operating margin8
-11.5%Net margin8
5.5%Revenue growth, 20258
-7.2%Return on equity8
0.74×Debt to equity8

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development1¢$4.1M
  • Selling, general and admin34¢$114.5M
  • Other costs62¢$204.9M
  • Income tax3¢$9.2M

Out of $332.7M in revenue.8 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$23.1M

Out of $23.1M of cash from operations.8

Financial statements

Revenue910118$332.7M in 2025+12% since 2020
0$100.0M$200.0M$300.0M$400.0M2020: $298.2M$298.2M20202021: $383.9M$383.9M2021+29%2022: $276.4M$276.4M2022−28%2023: $284.8M$284.8M2023+3%2024: $315.5M$315.5M2024+11%2025: $332.7M$332.7M2025+5%
Gross profit910118$130.7M in 2025+7% since 2020
0$50.0M$100.0M$150.0M2020: $122.6M$122.6M20202021: $148.9M$148.9M2021+21%2022: $99.6M$99.6M2022−33%2023: $123.3M$123.3M2023+24%2024: $139.8M$139.8M2024+13%2025: $130.7M$130.7M2025−7%
Operating income910118-$24.3M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2020: $11.7M$11.7M20202021: $12.2M$12.2M2021+4%2022: -$42.5M-$42.5M20222023: -$7.5M-$7.5M2023−82%2024: -$12.8M-$12.8M2024+71%2025: -$24.3M-$24.3M2025+90%
Net income910118-$38.3M in 2025+64% since 2020
-$60.0M-$40.0M-$20.0M02020: -$23.4M-$23.4M20202021: -$2.8M-$2.8M2021−88%2022: -$41.4M-$41.4M2022+1379%2023: -$27.1M-$27.1M2023−35%2024: -$21.5M-$21.5M2024−21%2025: -$38.3M-$38.3M2025+78%
Fiscal year2019202020212022202320242025
Revenue$298.2M9$383.9M10$276.4M11$284.8M8$315.5M8$332.7M8
Cost of revenue$175.6M9$235.0M10$226.9M10$213.0M10
Gross profit$122.6M9$148.9M10$99.6M11$123.3M8$139.8M8$130.7M8
Research and development$2.3M9$1.7M10$3.6M11$3.7M8$4.4M8$4.1M8
Selling, general and admin$72.5M9$98.3M10$105.5M11$91.8M8$111.9M8$114.5M8
Operating income$11.7M9$12.2M10-$42.5M11-$7.5M8-$12.8M8-$24.3M8
Interest$30.2M9$22.4M10$20.7M10$24.3M10
Income before tax-$4.9M10-$56.7M11-$31.3M8-$23.7M8-$47.5M8
Income tax-$1.2M9-$2.1M10-$15.3M11-$4.2M8-$2.2M8-$9.2M8
Net income-$23.4M9-$2.8M10-$41.4M11-$27.1M8-$21.5M8-$38.3M8
Earnings per share-$0.329-$0.0410-$0.5111-$0.338-$0.268-$0.458
Earnings per share (diluted)-$0.329-$0.0410-$0.5111-$0.338-$0.268-$0.458
Shares (weighted, basic)78.5M shares1081.9M shares1182.4M shares883.1M shares884.2M shares8
Shares (weighted, diluted)78.5M shares1081.9M shares1182.4M shares883.1M shares884.2M shares8

Compare Ranpak with another company

Corporate structure

Ranpak sits at the top of its group. 9 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Ranpak

  • Ranpak Concord Township, Ohio
    • Kapnar Holdings B.V. Subsidiary · Netherlands
    • Ranger Pledgor LLC Subsidiary · Delaware, United States
    • Ranpak Australia Pty Ltd. Subsidiary · Australia
    • Ranpak Brasil Productos e Serviços de Embalagem Ltda. Subsidiary · Brazil
    • Ranpak CZ B.V. Subsidiary · Netherlands
    • Ranpak Investments, Inc. Subsidiary · Delaware, United States
    • Ranpak Packaging Technology (Qingdao) Co. Ltd. Subsidiary · China
    • Ranpak s.r.o. Subsidiary · Czechia

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Ranpak reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$3.2M8 Dec 31, 2025$4.1M8 Dec 31, 2024−22.0%
Operating-lease assets (leased space)$24.0M8 Dec 31, 2025$20.9M8 Dec 31, 2024+14.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$63.0M8 Dec 31, 2025$76.1M8 Dec 31, 2024−17.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$457.2M8 Dec 31, 2025$443.7M8 Dec 31, 2024+3.0%
Intangible assets, net (excluding goodwill)$291.8M8 Dec 31, 2025$312.2M8 Dec 31, 2024−6.5%
Finite-lived intangibles, gross$378.3M8 Dec 31, 2025$364.5M8 Dec 31, 2024+3.8%
Accumulated amortization$192.7M8 Dec 31, 2025$158.5M8 Dec 31, 2024+21.6%
Finite-lived intangibles, net$185.6M8 Dec 31, 2025$206.0M8 Dec 31, 2024−9.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$30.6M8 Dec 31, 2025$21.7M8 Dec 31, 2024+41.0%
Raw materials$13.6M8 Dec 31, 2025$12.5M8 Dec 31, 2024+8.8%
Work in process$5.6M8 Dec 31, 2025$08 Dec 31, 2024
Finished goods$11.4M8 Dec 31, 2025$9.2M8 Dec 31, 2024+23.9%

Properties, in its own words

The following table provides our primary locations and their various functions:

Function

The rest of Item 2

Location · Business Segment · PPS System Assembly · PaperConsumables · Automation · Sales/Administrative

Concord Township, Ohio[1] · North America · ✓ · ✓ · — · ✓

Eygelshoven, The Netherlands[2] · Europe/Asia · ✓ · ✓ · ✓ · ✓

Shelton, Connecticut · North America · — · — · ✓ · ✓

Kansas City, Missouri · North America · — · ✓ · — · —

Nyrany, Czech Republic · Europe/Asia · ✓ · ✓ · — · —

Krimice, Czech Republic · Europe/Asia · ✓ · — · — · ✓

Reno, Nevada · North America · — · ✓ · — · —

Singapore [2] · Europe/Asia · — · — · — · ✓

Malaysia, Johor Bahru · Europe/Asia · — · ✓ · — · —

[1] Global headquarters

[2] Regional headquarters

Item 2 of the 10-K filed Mar 5, 2026.16

The story

The company (the Ranpak name standing for Random Packaging) traces its origins to a machine patented by George R. Johnson in 1970 that converted kraft paper into shock absorbing crinkled paper for use in cushioning auto-parts to prevent such items being damaged in shipment.

Johnson, working with entrepreneur and engineer, Raymond Q. Armington, an inventor with several packing- and storage related patents to his name, incorporated the company in 1972. Armington became its chairman, a position he held until his death in 1993. In early 2002, David M. Gabrielsen was appointed president and CEO of Ranpak replacing Steven E. Armington, son of the co-founder.

In December 1991 Ranpak opened its first foreign manufacturing center in Heerlen, Holland. The plant produced packing material and packing machines for the European market.

Ranpak's acquisitions include:

Eco-Pak Industries, a Kent, Washington–based company specializing in biodegradable and recyclable packing material founded by entrepreneur and actor, John Ratzenberger, best known as Cliff Claven of Cheers. Ratzenberger held partial ownership for a period after the sale.

Geami, a packaging company in Raleigh, North Carolina, specializing in recyclable, paper-based materials.

e3neo, a French-based company specializing in automated packing and packaging machinery and inventory and logistics management software.

Creapaper GmbH, a German supplier of grasspaper and grasspaper products, acquired in October, 2021.

Read the full text

Recycold Cool Solutions BV, a Dutch-based manufacturer of sustainable cool packs made from plant-based materials, purchased in 2021.

From Wikipedia’s article on Ranpak, shared under CC BY-SA 4.0.6

Leadership

Who has led Ranpak, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Omar Asali2018–2019
  2. J. Mark Borseth2019

Chair

  1. Omar Asali2018–now

Chief financial officer

  1. Bharani Bobba2018
  2. Trent Meyerhoefer2019–2020
  3. William Drew2020–now

Chief operating officer

  1. Paul Aram2025–now
20202025
Board members and other officers (21)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Kapnar Holdings B.V. Netherlands7
  • Ranger Pledgor LLC Delaware7
  • Ranpak Australia Pty Ltd. Australia7
  • Ranpak B.V. Netherlands7
  • Ranpak Brasil Productos e Serviços de Embalagem Ltda. Brazil7
  • Ranpak CZ B.V. Netherlands7
  • Ranpak Corp. Ohio7
  • Ranpak GmbH Germany7
  • Ranpak Investments, Inc. Delaware7
  • Ranpak KK Japan7
  • Ranpak Packaging Technology (Qingdao) Co. Ltd. China7
  • Ranpak Pte. Ltd. Singapore7
  • Ranpak Sdn. Bhd. Malaysia7
  • Ranpak s.r.o. Czech Republic7

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • One Madison CorpJul 24, 2017 to May 29, 20195

Timeline

  1. Jul 30, 20268-K Results of operations44
  2. May 22, 20268-K Shareholder vote45
  3. Apr 30, 20268-K Results of operations46
  4. Mar 5, 20268-K Results of operations47
  5. Oct 30, 20258-K Results of operations48
  6. Aug 26, 20258-K Entered a material agreement; Unregistered sale of shares49
  7. Aug 5, 20258-K Results of operations; Other events50
  8. Jul 3, 20258-K Executive or director change51
  9. May 29, 20258-K Shareholder vote52
  10. May 8, 20258-K Executive or director change53
  11. May 6, 20258-K Results of operations54
  12. Mar 6, 20258-K Results of operations55
  13. Jun 4, 2019New chief executive J. Mark Borseth becomes CEO17
  14. Jan 17, 2018New chief executive Omar Asali becomes CEO18

Calendar

Coming up

  1. Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.12) a share, on Oct 30, 2025.56

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results44
  2. Apr 30, 2026Reported quarterly or annual results46
  3. Mar 5, 2026Reported quarterly or annual results47
  4. Oct 30, 2025Reported quarterly or annual results48
  5. Aug 5, 2025Reported quarterly or annual results50
  6. May 6, 2025Reported quarterly or annual results54
  7. Mar 6, 2025Reported quarterly or annual results55
  8. Oct 31, 2024Reported quarterly or annual results57

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

339 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 40 major events, 235 insider forms, 10 large holders, 33 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Oct 5, 20264 EDGAR
  4. Jul 30, 202610-Q EDGAR
  5. Jul 30, 20268-K EDGAR
  6. Jul 6, 20264 EDGAR
  7. Jul 6, 20264 EDGAR
  8. Jul 6, 20264 EDGAR
  9. May 26, 20264 EDGAR
  10. May 26, 20264 EDGAR
  11. May 26, 20264 EDGAR
  12. May 26, 20264 EDGAR
  13. May 26, 20264 EDGAR
  14. May 26, 20264 EDGAR
  15. May 26, 20264 EDGAR
  16. May 22, 20268-K EDGAR
  17. Apr 30, 202610-Q EDGAR
  18. Apr 30, 20268-K EDGAR
  19. Apr 24, 2026DEFA14A EDGAR
  20. Apr 9, 2026ARS EDGAR

The 339 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

39 open-market trades by officers, directors and large owners since October 2021: 32 buys and 7 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 30, 2024Jones Michael AnthonyDirectorSale15,625$6.41$100.2KForm 4
Nov 28, 2023Siebert Mark A.MD, North AmericaBuy5$4.10$20Form 4
Nov 27, 2023Siebert Mark A.MD, North AmericaBuy267$3.98$1.1KForm 4
Nov 14, 2023Tranen Alicia M.DirectorBuy5,000$3.22$16.1KForm 4
Nov 13, 2023Siebert Mark A.MD, North AmericaBuy1,730$2.90$5.0KForm 4
Nov 8, 2023Tranen Alicia M.DirectorBuy12,500$3.05$38.2KForm 4
Nov 6, 2023Laurensse EricManaging Director, EuropeBuy19,000$2.85$54.1KForm 4
Nov 6, 2023Tranen Alicia M.DirectorBuy10,000$2.92$29.2KForm 4
Nov 3, 2023Tranen Alicia M.DirectorBuy71,500$3.02$215.9KForm 4
Nov 2, 2023Grassotti AntonioManaging Director, APACBuy7,000$2.76$19.3KForm 4
Nov 2, 2023Tranen Alicia M.DirectorBuy50,500$2.79$140.9KForm 4
Aug 28, 2023Tranen Alicia M.DirectorBuy500$5.70$2.9KForm 4
Aug 28, 2023Tranen Alicia M.DirectorBuy17,500$5.72$100.1KForm 4
Aug 15, 2023Zumwalt KurtDirectorSale13,369$5.39$72.1KForm 4
Jun 8, 2023Seshadri SalilDirectorBuy5,125$4.33$22.2KForm 4
Jun 7, 2023Seshadri SalilDirectorBuy94,875$4.20$398.5KForm 4
May 10, 2023ASALI OMARCEO & Executive ChairmanBuy18,940$3.30$62.5KForm 4
May 9, 2023Tranen Alicia M.DirectorBuy36,500$2.91$106.1KForm 4
May 9, 2023ASALI OMARCEO & Executive ChairmanBuy61,060$2.92$178.3KForm 4
Nov 17, 2022Tranen Alicia M.DirectorBuy5,000$5.72$28.6KForm 4

All 39 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Omar Asali55$676.9K$1.9M64
2025Antonio Grassotti$269.8K$1.1M64
2025Bill Drew44$391.5K$815.1K64
2025Eric Laurensse$268.0K$752.3K64
2025Paul Aram65$83.5K$155.1K64
2024Chief Executive Officer and Chairman$390.0K$2.1M64
2024Former Managing DirectorAPAC$429.4K$954.5K64
2024Executive VicePresident and Chief Financial Officer$340.0K$883.1K64
2023Chief Executive Officer and Chairman$2.6M64
2023Executive VicePresident and Chief Financial Officer$294.2K$1.2M64
2023Former Managing DirectorAPAC$410.8K$1.1M64

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
JS Capital Management LLC30,530,897$223.2M100.0%No change
Soros Capital Management LLC4,630,292$33.8M6.1%No change
BlackRock, Inc.3,573,167$26.1M0.0%+448,224
Dimensional Fund Advisors LP3,168,435$23.2M0.0%+123,129
Schusterman Interests, LLC3,018,616$22.1M5.8%No change
Petrus Trust Company, LTA2,711,537$19.8M1.9%−254,819
First Eagle Investment Management, LLC2,136,324$15.6M0.0%+1,347,485
Vanguard Capital Management LLC2,029,237$14.8M0.0%+84,939
Portolan Capital Management, LLC1,894,855$13.9M0.5%−52,826
ArrowMark Colorado Holdings LLC1,879,249$13.7M0.6%−261,381
Royce & Associates LP1,853,540$13.5M0.1%+327,540
Samjo Management, LLC1,419,675$10.4M3.5%+88,900
G2 Investment Partners Management LLC1,250,000$9.1M1.7%−1,570,285
Geode Capital Management, LLC1,179,520$8.6M0.0%+78,343
Simcoe Capital LLC1,098,157$8.0M4.9%+409,275
State Street Corp945,613$6.9M0.0%+28,757
Bridgeway Capital Management, LLC897,270$6.6M0.1%+68,725
Millennium Management LLC888,984$6.5M0.0%−604,196
CenterBook Partners LP875,845$6.4M0.3%−932,131
Meros Investment Management, LP717,764$5.2M1.7%−269,725
CastleKnight Management LP568,100$4.2M0.2%−232,900
Russell Investments Group, Ltd.526,726$3.9M0.0%−31,920
Algert Global LLC523,435$3.8M0.0%+183,131
Formula Growth Ltd522,055$3.8M1.3%−172,472
Ulysses Management LLC515,885$3.8M1.3%−176,400

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Ranpak is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRanpak Holdings Corp.2
  • CIK0001712463
  • Employer ID (EIN)98-137716016
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company16
  • Incorporated inDelaware16
  • Fiscal year endsDecember 312
  • Industry code (SIC)2670 Converted Paper & Paperboard Prods (No Contaners/Boxes)2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address7990 Auburn Road, Concord Township, OH 440772
  • Phone440-354-44452
  • Shares outstanding85,758,289 as of Jul 23, 202613
  • Public float$301.1M as of Jun 30, 202516
  • AuditorKPMG LLP, Cleveland, Ohio PCAOB ID 185; it also attests to the company’s internal control over financial reporting16
  • On EDGAR sinceJul 24, 20172
  • Filings620 in all: 4 (323), 8-K (89), 3 (27), 10-Q (26), SC 13G/A (15), CORRESP (12), 425 (11), DEFA14A (11)2
    All 46 form types

    SC 13G (11), 10-K (9), UPLOAD (9), DEF 14A (7), EFFECT (7), SC 13D/A (6), 3/A (4), 4/A (4), 424B5 (4), ARS (4), S-3 (4), 144 (2), 25-NSE (2), 424B3 (2), NT 10-K (2), PRE 14A (2), S-3/A (2), S-4 (2), S-4/A (2), S-8 (2), SC 13D (2), 10-Q/A (1), 424B1 (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14A (1), DEFR14A (1), DEL AM (1), DRS (1), DRS/A (1), DRSLTR (1), POS AM (1), S-1 (1), S-1/A (1), SC TO-I (1), SC TO-I/A (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 5, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 9, 2026
    Latest 8-K (8-K) Jul 30, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, par value $0.0001 per sharePACKNew York Stock Exchange

From the cover page of the 10-K filed Mar 5, 2026 (Section 12(b) of the Exchange Act).16

Risk factors and legal proceedings

The risks Ranpak names in Item 1A of its 10-K filed Mar 5, 2026: 47 risks under these headings, as written.16

  • Risks Related to Our Business
  • We may be unable to secure a sufficient supply of paper to meet our production requirements given the limited number of suppliers that produce paper suitable for our products.
  • Adverse changes in input costs, such as kraft paper, may negatively impact our results of operations, including our profit margins, and financial condition.
  • Our business is exposed to risks associated with our reliance on third-party suppliers to provide both the components used in our protective packaging systems as well as certain fully assembled protective packaging systems.
  • Demand for our products could be adversely affected by changes in end-user or consumer preferences, which could have a material adverse effect on our business, financial condition or results of operations.
  • The loss of end-users, particularly our e-commerce end-users, or a reduction in their production requirements, could have a significant adverse impact on our net revenue and profitability.
  • Our investments in R&D may not yield the results expected.
  • The global nature of our operations exposes us to numerous risks that could materially adversely affect our financial condition or results of operations.
  • A major loss of or disruption in our assembly and distribution operations could adversely affect our business, financial condition or results of operations.
  • Fluctuations between foreign currencies and USD could materially impact our consolidated financial condition or results of operations.
  • We could experience disruptions in operations and/or increased labor costs.
  • Legal and Regulatory Risks
The other 37 risks
  • If significant tariffs or other restrictions are placed on the import of Chinese goods, if China places tariffs or other restrictions on the import of U.S. goods, or if relations between China and the U.S. were to deteriorate as a result of tensions in the South China Sea, with respect to Taiwan or otherwise, our business, financial condition or results of operations may be materially adversely affected.
  • We are subject to taxation in multiple jurisdictions. As a result, any adverse development in the tax laws of any of these jurisdictions or any disagreement with our tax positions could have a material adverse effect on our business, consolidated financial condition or results of operations.
  • We are subject to a variety of evolving environmental and governmental regulations and product registration laws that expose us to potential financial liability and increased operating costs.
  • We face risks associated with climate and sustainability matters, including climate change
  • If we are not able to protect or maintain our trademarks, patents and other intellectual property, we may not be able to prevent competitors from developing similar products or from marketing their products in a manner that capitalizes on our trademarks, and this loss of a competitive advantage may have a material adverse effect on our business, financial position or results of operations.
  • We are subject to anti-corruption and anti-money laundering laws with respect to both our domestic and international operations, and non-compliance with such laws can subject us to criminal and civil liability and harm our business.
  • Product liability claims or regulatory actions could adversely affect our financial results or harm our reputation or the value of our brands.
  • Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, investments and results of operations.
  • We are subject to litigation in the ordinary course of business, and uninsured judgments or a rise in insurance premiums may adversely impact our results of operations and financial condition.
  • Risk Related to Ownership of Our Securities
  • A significant portion of our total outstanding shares may be sold into the market in the near future. This could cause the market price of our common stock to drop significantly, even if our business is doing well.
  • Certain of our stockholders, including JS Capital, own a significant portion of the outstanding voting stock of the Company.
  • Provisions in our organizational documents may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future for our Class A common stock and could entrench management.
  • Our organizational documents designate the Court of Chancery of the State of Delaware as the sole and exclusive forum for substantially all disputes between the Company and our stockholders, to the fullest extent permitted by law,
  • which could limit the Company’s stockholders’ ability to obtain a favorable judicial forum for disputes with the Company or our directors, officers, stockholders, employees or agents.
  • The NYSE may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.
  • The price of our securities has been and may continue to be volatile.
  • If securities or industry analysts do not publish or cease publishing research or reports about us, our business, or our market, or if they change their recommendations regarding our common stock adversely, the price and trading volume of our common stock could decline.
  • Risks Related to Our Indebtedness
  • Our level of outstanding indebtedness could adversely affect our financial condition and ability to fulfill our obligations.
  • Our debt financing may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us.
  • General Risk Factors
  • We experience competition in the markets for our products and services.
  • Unfavorable end-user responses to price increases could have a material adverse impact on our business, results of operations and financial condition.
  • Our performance, competitive position and prospects for future growth could be negatively impacted if new products we develop do not meet sales or margin expectations, which could have a material adverse effect on our business, financial condition or results of operations.
  • Our efforts to expand beyond our core product offerings and into adjacent markets may not succeed and could adversely impact our business, financial condition or results of operations.
  • Uncertain global economic conditions, inflationary pressures, and geopolitical unrest have had and could continue to have an adverse effect on our financial condition or results of operations.
  • Cyber risk and the failure to maintain the integrity and/or prevent disruption of our operational or security systems or infrastructure, or those of third parties with which we do business, could have a material adverse effect on our business, financial condition or results of operations.
  • Political and economic instability and risk of government actions affecting our business and our end-users or suppliers may adversely impact our business, results of operations and cash flows.
  • We rely on third-party distributors to store, sell, market, service and distribute our products.
  • We depend on third parties for transportation services.
  • Our insurance policies may not cover all operating risks and a casualty loss beyond the limits of our coverage could adversely impact our business.
  • Our ability to use our net operating loss carryforwards and certain other tax attributes, including our deferred tax assets, may be limited.
  • Unanticipated changes in effective tax rates or adverse outcomes resulting from examination of our income or other tax returns could adversely affect our financial condition and results of operations.
  • We have recorded and may record additional significant amounts of goodwill and other identifiable intangible assets and we may never realize the full carrying value of the related assets.
  • We may identify material weaknesses in our internal control over financial reporting or otherwise fail to maintain effective internal controls, which could adversely affect our financial reporting, our reputation, operations, and market price of our common stock.
  • We are dependent upon certain key personnel.
  • Disruption and volatility of the financial and credit markets could affect our external liquidity sources.
  • We may be unable to obtain additional financing to fund our operations or growth.
  • Loss of any of our principal customers could significantly decrease our sales and profitability

Legal proceedings

See Note 13 — Commitments and Contingencies to our consolidated financial statements for a description of our legal matters.

The opening of Item 3, Legal Proceedings.16

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64