Ranpak set to raise nearly $95 million in public offering
Ranpak set to raise nearly $95 million in public offering
Ranpak website
Ranpak Holdings Corp. (NYSE: PACK), which makes environmentally sustainable packaging products for e-commerce and industrial supply chains, expects to net nearly $95 million in a public offering of 5 million shares of Class A common stock.
The Concord Township-based company said in a news release late Wednesday, May 26, that the stock will be offered at a price of $21 per share, for gross proceeds of about $94.5 million to the company and about $10.5 million to certain selling security holders. The offering consists of 4.5 million shares being offered by Ranpak and 500,000 shares being offered by the security holders.
DECATUR, AL / ACCESSWIRE / May 26, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first
Lakeland Industries Appoints Joshua Sletten to Newly Created Corporate Development Post theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Operator
Greetings and welcome to the Citi Trends First Quarter 2021 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded Tuesday, May 25th, 2021.
I would now like to turn the conference over to Nitza McKee, Senior Associate. Please go ahead.
Nitza McKee
Senior Associate at ICR
Thank you and good morning, everyone. Thank you for joining us on Citi Trends first quarter 2021 earnings call. On our call today is our Chief Executive Officer David Makuen; Chief Financial Officer, Pam Edwards; and Vice President of Finance, Jason Moschner.
Our earnings release was sent out this morning at 6:45 AM Eastern Time. If you have not received a copy of the release, it s available on the Company s website under the Investor Relations section at www.cititrends.com.