secwatch.observer — SEC 8-K summary
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Issuer:     LiveRamp Holdings, Inc. (RAMP)
CIK:        0000733269
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001193125-22-044808
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveRamp issues 90,083 shares, pays $2.06M cash to DataFleets co-founders as holdback vests below price floor
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- Issued 90,083 shares of common stock to DataFleets co-founders under holdback agreements from February 2021 acquisition.
- Company elected to use Closing Share Price Floor due to stock price decline, triggering cash payment of $2,058,173 within 10 days.
- Shares issued under Section 4(a)(2) exemption to accredited investors; registered for resale via prospectus supplement.
- Prospectus supplement filed as part of registration rights agreement with co-founders (File No. 333-262790).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/733269/000119312522044808/0001193125-22-044808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/733269/000119312522044808/d677833d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-044808

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