LiveRamp Holdings, Inc. has taken a significant step in its corporate restructuring by filing a post-effective amendment to deregister shares of its common stock. This filing follows the completion of its merger with MMS USA Holdings, Inc., which became effective on November 2, 2026. The merger positions LiveRamp as a wholly owned subsidiary of MMS USA, reflecting a strategic consolidation in the competitive landscape of computer processing and data preparation services.

The filing, submitted to the Securities and Exchange Commission (SEC) on November 2, 2026, indicates that LiveRamp is withdrawing all shares of common stock that remain unsold under previous registration statements. This move is part of the company's compliance with the SEC's regulations regarding the termination of offerings.

Background

LiveRamp Holdings, Inc. operates in the services sector, specifically under the Standard Industrial Classification (SIC) code 7374, which pertains to computer processing and data preparation services. The company is publicly traded on the New York Stock Exchange under the ticker symbol RAMP. Over the years, LiveRamp has undergone significant transformations, including a name change from Acxiom Holdings, Inc. in September 2018, and has been actively involved in various equity compensation plans.

What the Filing Says

The SEC filing states, "This Post-Effective Amendment is being filed to withdraw and deregister all shares of common stock...that had been registered and remain unsold under the Registration Statements." This statement underscores the completion of the merger and the subsequent deregistration of unsold securities.

Impact

This deregistration is likely to affect various stakeholders, including employees who were part of LiveRamp's equity compensation plans. The merger with MMS USA Holdings may also influence competitors in the computer processing and data preparation sector, as it consolidates resources and capabilities under a larger corporate umbrella.

What's Next

The filing does not specify what happens next for LiveRamp Holdings, Inc. post-merger, but it indicates that the company will continue its operations as a subsidiary of MMS USA Holdings, potentially leading to new strategic initiatives and market opportunities.