secwatch.observer — SEC 8-K summary
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Issuer:     LiveRamp Holdings, Inc. (RAMP)
CIK:        0000733269
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001104659-23-023105
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveRamp issues 90,141 shares and pays $3.8M cash to DataFleets co-founders on second vesting anniversary
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- Second vesting date of DataFleets acquisition holdback occurred Feb 17, 2023.
- Issued 90,141 shares of common stock to co-founders under Holdback Agreements, exempt under Section 4(a)(2).
- Company elected to use Closing Share Price Floor, triggering cash payment of $3,765,397.61 within 10 days.
- Prospectus supplement filed to register resale of Restricted Shares under existing S-3 registration statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/733269/000110465923023105/0001104659-23-023105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/733269/000110465923023105/tm237117d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-023105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer