As of July 14, 2026, Ranpak Holdings Corp. (PACK) has a DilutionWatch DilutionScore of 38/100, rated MEDIUM dilution risk. Ranpak Holdings Corp. has a market capitalization of $590.26M, 85.54M shares outstanding, 118 institutional holders tracked. Key dilution vectors include 28.62M outstanding warrants, approximately 999 months of cash runway.
Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.
📊 Score Breakdown
🔄Convertible Debt—
🌦️ Dilution Forecast
🌥️
Advisory
Moderate dilution signals present
25%
📜 Warrant Exercise
50%
• Massive warrant overhang: 33% of shares outstanding
• Elevated warrant risk score (70/100)
💹 Market Data
Market Cap$590.26M
Shares Outstanding85.54M
Float47.36M
Cash$48.50M
Debt$401.60M
Short InterestN/A
🏛 Institutional Holdings
QoQ: ↑ 4.0% shares (2026Q1 vs prior)
118 institutional holders · 81.96M shares
#1
JS Capital Management LLC
30.53M shares
#2
SOROS CAPITAL MANAGEMENT LLC
4.63M shares
#3
VANGUARD CAPITAL MANAGEMENT LLC
3.89M shares
📉 Short Interest
Short Interest2.68M
Days to Cover3.6
% of Float5.7%
FINRA data as of Jun 30, 2026
📁 Recent SEC Activity
xbrl
XBRL WARRANT
Dec 31, 2025
4
INSIDER TRANSACTION
Apr 07, 2026
4
INSIDER TRANSACTION
Apr 07, 2026
4
INSIDER TRANSACTION
Apr 07, 2026
4
INSIDER TRANSACTION
Mar 12, 2026
Full SEC filing analysis available with free account
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📰 Recent News
No recent news
📋 What This Means for PACK Shareholders
Ranpak Holdings Corp. (PACK) has a DilutionScore of 38/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 14, 2026.
DilutionWatch tracks 28.6M outstanding warrants for PACK. Warrants become dilutive when exercised — converting to common shares at the strike price. Warrants near or in-the-money deserve particular attention since exercise can add materially to the outstanding share count within a short window.
DilutionWatch tracks over 25 SEC filing types for PACK in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for PACK alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.
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