LiveRamp Holdings, Inc. (RAMP): Completion of Acquisition or Disposition of Assets
LiveRamp Holdings, Inc. (RAMP) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 2.01 Completion of Acquisition or Disposition of Assets. The information set forth in the Introductory Note of this Current Report on Form 8-K is incorporated by reference into this Item 2.01. Pursuant to the Merger Agreement, at the effective time of the Merger (the “ Effec
How this was made
The 30-second read
Why it matters
For traders, the key actionable items are the effective-time cash consideration ($38.50 per share) and the NYSE delisting process, including the request to halt trading before the Nov. 2, 2026 open and subsequent removal from trading.
Market read
This is a company-specific M&A close and delisting mechanics update, shifting the trade from equity valuation to cash-out and liquidity timing.
What to watch
The filing references appraisal rights exclusions and restricted cash awards for equity-based compensation, which can affect how different holder classes experience cash-out timing and potential residual trading behavior.
Background
The SEC 8-K Item 2.01 reports completion of a merger under a Merger Agreement, including conversion of common shares and equity awards into cash consideration.
Ticker impact
LiveRamp says its merger closed, converting each share into $38.50 cash and requesting NYSE trading be halted before the Nov. 2, 2026 open.
Likely downward pressure on the last-trading liquidity premium as the market prices the cash-out and anticipates delisting, with volatility around the halt/delisting window.
The filing specifies $38.50 per share cash consideration at the effective time and states shares were removed from NYSE trading prior to the Nov. 2, 2026 open, which typically compresses price discovery and liquidity.
Market effects
Limited direct read-through to the ad-tech/data-identity sector because the disclosure is company-specific and liquidity-focused.
Primarily affects US-listed trading liquidity for RAMP, with minimal broader regional spillover.
Low global relevance beyond the involved parties, since the filing is about completion and delisting rather than cross-border operational changes.
Counterpoint
Even with a fixed cash consideration, the last-trading period can see dislocations from settlement timing, appraisal dissent, or residual trading mechanics, creating short-term volatility unrelated to deal economics.
Key entities
- companyLiveRamp Holdings, Inc.
Subject of the 8-K, reporting merger completion, $38.50 cash consideration per share, and NYSE trading halt/delisting steps.
- venueNew York Stock Exchange
Receives notification of removal and files Form 25 to delist the company’s common stock.
