NYSE:RAMPSoftware
Will a New ESOP Equity Offering and Board Departure Shift LiveRamp (RAMP) Strategy?
In the past week, LiveRamp Holdings filed a shelf registration for up to 2,500,000 shares of common stock valued at US$66.58 million as part of an employee stock ownership plan and announced the immediate resignation of board director Omar Tawakol, who had served since 2021.
Such a sizable equity offering tied to an ESOP highlights LiveRamp’s ongoing use of equity compensation and the potential for changes to its capital structure.
We'll analyze how the planned ESOP-related equity offering...