---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-004503"
form_type: "8-K"
ticker: "RAMP"
cik: "0000733269"
company_name: "LiveRamp Holdings, Inc."
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:51:04.848244+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LiveRamp to acquire Habu for $200M; preliminary Q3 revenue $174M beat guidance

## Summary
- Acquisition of data clean room provider Habu for ~$200M: ~$170M cash at close, rest in stock/holdback; plus ~$16M retention RSUs.
- Habu stockholders approved; deal expected to close in LiveRamp's fiscal Q4 2024 (by March 31).
- Preliminary Q3 FY24 revenue ~$174M (+10% YoY), above guidance of $165M; operating income ~$15M vs $8M guide.
- Non-GAAP operating income ~$36M, well above prior guidance of $29M.
- Acquisition expected to contribute ~$18M revenue in FY25 and accelerate Rule of 40 progress.

## SEC filing metadata
- accession: 0001104659-24-004503
- form_type: 8-K
- ticker: RAMP
- cik: 0000733269
- company_name: LiveRamp Holdings, Inc.
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/733269/000110465924004503/0001104659-24-004503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/733269/000110465924004503/tm243478d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-004503
- JSON: https://secwatch.observer/filing/0001104659-24-004503.json
- Plain text: https://secwatch.observer/filing/0001104659-24-004503.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.