{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-062908","form_type":"8-K","ticker":"RAMP","cik":"0000733269","company_name":"LiveRamp Holdings, Inc.","filed_at":"2026-05-18T10:04:40+00:00","discovered_at":"2026-05-18T10:10:00.304706+00:00","generated_at":"2026-05-18T10:10:49.386179+00:00","sec_items":["1.01","2.02","5.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"LiveRamp to be acquired by Publicis for $38.50 per share in cash","bullets":["Merger consideration of $38.50 per share in cash; Board unanimously recommends approval.","Transaction subject to stockholder approval, HSR, CFIUS, and non-US antitrust clearances.","Termination fee of $32.35M each for LiveRamp (superior proposal) and Publicis (regulatory failure).","Retention awards of $0.5M-$1M each to CEO, CFO, and other executives payable after closing.","LiveRamp also issued Q4/FY2026 earnings press release, but specific results not included in filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-062908","json":"https://secwatch.observer/filing/0001104659-26-062908.json","markdown":"https://secwatch.observer/filing/0001104659-26-062908.md","text":"https://secwatch.observer/filing/0001104659-26-062908.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733269/000110465926062908/0001104659-26-062908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733269/000110465926062908/tm2614904d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:10:49.386179+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b316b9d3c95e212b2249eb42ae03b48d8799487","claim":"LiveRamp Holdings, Inc. reported financial results for fourth quarter and fiscal year ended March 31, 2026.","evidence_excerpt":"announcing the results of its financial performance for its fourth quarter and fiscal year ended March 31, 2026","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733269/000110465926062908/0001104659-26-062908-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended March 31, 2026"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ba61683ef5b278853273115c74d11a6bcb6c59d6","claim":"LiveRamp Holdings, Inc.: Amended and restated bylaws to add exclusive forum provisions for Delaware and federal courts (effective 2026-05-15).","evidence_excerpt":"On May 15, 2026, the Company Board approved an amendment and restatement to the Company’s Second Amended and Restated Bylaws (the “ Bylaws ”, and such amendment and restatement, the “ Third Amended and Restated Bylaws ”). The Third Amended and Restated Bylaws became effective on May 15, 2026.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/733269/000110465926062908/0001104659-26-062908-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2026-05-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}