10-K Filing

Ranpak Holdings Corp. CIK: 1712463 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001213900-19-003343`
Period End Date	20181231
Filing Date	20190301
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	omad-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 16 Cash Flow Statement 56 Stockholders Equity 14

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Class A ordinary shares subject to possible redemption, shares issued	`TemporaryEquitySharesAuthorized`	28.62M	shares	Point-in-time
Class A ordinary shares subject to possible redemption, shares issued	`TemporaryEquitySharesAuthorized`	-	shares	Point-in-time
Class A ordinary shares subject to possible redemption, per share	`TemporaryEquityParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Class A ordinary shares subject to possible redemption, per share	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.89M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.90K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$223.76K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.90K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.12M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Deferred offering costs	`DeferredCosts`	$868.92K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	-	USD	Point-in-time
Cash held in Escrow Account	`CashHeldInTrustAccount`	-	USD	Point-in-time
Cash held in Escrow Account	`CashHeldInTrustAccount`	$1.00M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$305.12M	USD	Point-in-time
Total assets	`Assets`	$309.23M	USD	Point-in-time
Total assets	`Assets`	$870.82K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.74M	USD	Point-in-time
Promissory note - working capital	`OtherNotesPayableCurrent`	$4.00M	USD	Point-in-time
Promissory note - working capital	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Accrued formation and offering cost	`AccruedFormationAndOfferingCostCurrent`	$723.99K	USD	Point-in-time
Promissory note - Sponsor	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Promissory note - Sponsor	`NotesPayableRelatedPartiesClassifiedCurrent`	$92.84K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$816.83K	USD	Point-in-time
Deferred legal fees payable	`DeferredLegalFeesPayable`	$800.00K	USD	Point-in-time
Deferred legal fees payable	`DeferredLegalFeesPayable`	-	USD	Point-in-time
Deferred underwriting compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	-	USD	Point-in-time
Deferred underwriting compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$10.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$18.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$816.83K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption; 28,619,612 shares (at $10.00 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption; 28,619,612 shares (at $10.00 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	$286.20M	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$61.38K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.62M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$1.38M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-8.52K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$53.98K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$870.82K	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$309.23M	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`Revenues`	-	USD	Annual
REVENUE	`Revenues`	-	USD	2 Qtrs
Administration fee - related party	`AdministrationFeeRelatedParty`	$110.00K	USD	Annual
Administration fee - related party	`AdministrationFeeRelatedParty`	-	USD	2 Qtrs
General and administrative and operating expenses	`GeneralAndAdministrativeExpense`	$1.98K	USD	2 Qtrs
General and administrative and operating expenses	`GeneralAndAdministrativeExpense`	$761.56K	USD	Annual
Professional fees	`ProfessionalFees`	$2.86M	USD	Annual
Professional fees	`ProfessionalFees`	$6.54K	USD	2 Qtrs
TOTAL EXPENSES	`OperatingExpenses`	$3.73M	USD	Annual
TOTAL EXPENSES	`OperatingExpenses`	$8.52K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$5.12M	USD	Annual
TOTAL OTHER INCOME	`NonoperatingIncomeExpense`	$5.12M	USD	Annual
TOTAL OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.52K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.39M	USD	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-8.52K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.39M	USD	Annual
Investment income earned on marketable securities held in Trust Account	`InvestmentIncomeEarnedOnMarketableSecuritiesHeldInTrustAccount`	-	USD	2 Qtrs
Investment income earned on marketable securities held in Trust Account	`InvestmentIncomeEarnedOnMarketableSecuritiesHeldInTrustAccount`	$5.12M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$223.76K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.74M	USD	Annual
Accrued formation and offering cost	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	Annual
Accrued formation and offering cost	`IncreaseDecreaseInOtherAccruedLiabilities`	$-10.89K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.40K	USD	2 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.22M	USD	Annual
Cash deposited into Escrow Account	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Cash deposited into Escrow Account	`PaymentsToAcquireOtherInvestments`	$1.00M	USD	Annual
Cash deposited into Trust Account	`PaymentsToInvestInDecommissioningFund`	$300.00M	USD	Annual
Cash deposited into Trust Account	`PaymentsToInvestInDecommissioningFund`	-	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-301.00M	USD	Annual
Proceeds from issuance of Class A ordinary shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of Class A ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$300.00M	USD	Annual
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$8.00M	USD	Annual
Proceeds from Promissory note	`ProceedsFromNotesPayable`	$4.00M	USD	Annual
Proceeds from Promissory note	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Payment of underwriter discounts and commissions	`PaymentOfUnderwriterDiscountsAndCommissions`	-	USD	2 Qtrs
Payment of underwriter discounts and commissions	`PaymentOfUnderwriterDiscountsAndCommissions`	$6.00M	USD	Annual
Payment of Sponsor note	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payment of Sponsor note	`RepaymentsOfNotesPayable`	$148.84K	USD	Annual
Payment of Sponsor note	`RepaymentsOfNotesPayable`	$148.84K	USD	Point-in-time
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$127.20K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$799.67K	USD	Annual
Proceeds from Sponsor note	`ProceedsFromOtherDebt`	$56.00K	USD	Annual
Proceeds from Sponsor note	`ProceedsFromOtherDebt`	$86.00K	USD	2 Qtrs
Proceeds from issuance of Class B ordinary shares to Sponsor	`ProceedsFromIssuanceOrSaleOfEquity`	$25.00K	USD	2 Qtrs
Proceeds from issuance of Class B ordinary shares to Sponsor	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	Annual
Proceeds from issuance of Anchor shares	`ProceedsFromOtherEquity`	-	USD	Annual
Proceeds from issuance of Anchor shares	`ProceedsFromOtherEquity`	$37.50K	USD	2 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$21.30K	USD	2 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$305.11M	USD	Annual
Net Change In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.89M	USD	Annual
Net Change In Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.90K	USD	2 Qtrs
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.89M	USD	Point-in-time
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.90K	USD	Point-in-time
Cash - Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$2.89M	USD	Point-in-time
Cash - Ending of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - Ending of period	`CashAndCashEquivalentsAtCarryingValue`	$1.90K	USD	Point-in-time
Deferred legal fees	`DeferredLegalFees`	-	USD	2 Qtrs
Deferred legal fees	`DeferredLegalFees`	$800.00K	USD	Annual
Deferred underwriters' discounts and compensation	`DeferredUnderwritersDiscountsAndCompensation`	-	USD	2 Qtrs
Deferred underwriters' discounts and compensation	`DeferredUnderwritersDiscountsAndCompensation`	$10.50M	USD	Annual
Class A ordinary shares subject to possible redemption	`StockIssued1`	$286.20M	USD	Annual
Class A ordinary shares subject to possible redemption	`StockIssued1`	-	USD	2 Qtrs
Payment of formation cost by issuance of sponsor note	`PaymentOfFormationCostByIssuanceOfSponsorNote`	$6.84K	USD	2 Qtrs
Payment of formation cost by issuance of sponsor note	`PaymentOfFormationCostByIssuanceOfSponsorNote`	-	USD	Annual
Deferred offering cost included in accrued formation and offering cost	`DeferredOfferingCostIncludedInAccruedFormationAndOfferingCost`	-	USD	Annual
Deferred offering cost included in accrued formation and offering cost	`DeferredOfferingCostIncludedInAccruedFormationAndOfferingCost`	$734.87K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$53.98K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Issuance of Class B ordinary shares to Sponsor at approximately $0.003 per share	`StockIssuedDuringPeriodIssuanceValueOfToSponsor`	$25.00K	USD	2 Qtrs
Sale of Class A Ordinary Shares	`StockIssuedDuringPeriodValueNewIssues`	$300.00M	USD	Annual
Underwriters' discount and offering expenses	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$18.24M	USD	Annual
Sale of private placement warrants	`StockIssuedDuringPeriodValueOther`	$8.00M	USD	Annual
Ordinary shares subject to redemption	`StockIssuedDuringPeriodValueConversionOfUnits`	$-286.20M	USD	Annual
Issuance of Anchor shares	`StockIssuedDuringPeriodIssuancOfAnchorValue`	$37.50K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.52K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.39M	USD	Annual
Ending balance	`StockholdersEquity`	$53.98K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.