Bubble-wrap maker sued in NC court by Israeli tech company over $25M contract dispute [Yahoo! Finance]
Sealed Air Corporation (SEE)
Last sealed air corporation earnings: 2/11 07:00 am
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Source: Yahoo! Finance
Bubble wrap company Sealed Air is being sued by an Israeli bottle technology firm over a contract dispute and claims of non-payment of $25 million. Chase Jordan 3 min read A Charlotte-based bubble wrap company is being sued by an Israeli bottle technology business claiming that a contract was terminated to avoid payments of more than $25 million, according to North Carolina Business Court records. Water.io spent about two years designing and making products for Sealed Air Corporation , Water.io said. And ending the contract in 2021 was economically devastating for Water.io, a business with less than 20 employees, the suit said. Water.io was established in 2015 and makes app-connected smart caps that transport data from water bottles to encourage customers to drink more water. It's now known as ImpacX after a name change in 2021. The company also offers apps and technology for vitamin usage and smart bottles to measure content inside a container. The company signed a purch
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News
- Sealed Air's (NYSE:SEE) Dividend Will Be $0.20 [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights Packaging Corporation, AptarGroup and Sealed Air [Yahoo! Finance]Yahoo! Finance
- Industrial Packaging Stocks Q3 Recap: Benchmarking Sealed Air (NYSE:SEE) [Yahoo! Finance]Yahoo! Finance
- Global Barrier Shrink Bags Market to Reach USD 4.9 Billion by 2034, Driven by Demand in Meat Packaging | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Sealed Air Corporation Just Beat EPS By 6.0%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
SEE
Earnings
- 11/7/24 - Beat
SEE
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- SEE's page on the SEC website