--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-077185" form_type: "8-K" ticker: null cik: "0001929589" company_name: "MariaDB plc" filed_at: "2023-06-30T23:59:59+00:00" generated_at: "2026-06-13T14:24:31.758065+00:00" event_type: "regulatory" sentiment: "negative" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # MariaDB receives NYSE non-compliance notice for share price below $1.00 ## Summary - NYSE notified MariaDB on June 28, 2023, that average closing price of ordinary shares was below $1.00 for 30 consecutive trading days. - Company has six-month cure period until December 28, 2023, to regain compliance with minimum $1.00 closing price. - Shares continue trading on NYSE during cure period; no immediate delisting. - At June 29 AGM, shareholders elected Christine Russell and Jurgen Ingels as Class I directors. - Shareholders ratified MaloneBailey, LLP as independent auditor and appointed UHY Farrelly Dawe White as statutory auditor. ## SEC filing metadata - accession: 0001104659-23-077185 - form_type: 8-K - cik: 0001929589 - company_name: MariaDB plc - filed_at: 2023-06-30T23:59:59+00:00 - event_type: regulatory - sentiment: negative - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 3.01, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/tm2320229d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-077185 - JSON: https://secwatch.observer/filing/0001104659-23-077185.json - Plain text: https://secwatch.observer/filing/0001104659-23-077185.txt ## Key facts - Listing & Compliance Notices MariaDB plc received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C). - Exchange: nyse - Notice: deficiency notice - Deficiency: minimum bid price - Rules: 802.01C source text: June 28, 2023, MariaDB plc (the “ Company ”) received a notice from the New York Stock Exchange (the “NYSE ”) that, as of June 23, 2023, it was not in compliance with the continued listing standard set forth in Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s ordinary shares (the “ Ordinary Shares ”) were less than $1.00 per share over a consecutive 30 trading-day period. The notice has no immediate impact on the listing of the Ordinary Shares on the NYSE, subject to the Company’s compliance with the NYSE’s other continued listing requirement evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm - Shareholder Votes MariaDB plc shareholders approved Electing the Class I director nominees named in the proxy statement. at the 2023-06-29 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-29 source text: Item 1: Electing the Class I director nominees named in the proxy statement. Each of the following individuals was elected as a Class I director, based on the voting results shown below, to serve until the conclusion of the 2026 Annual General Meeting of Shareholders or until his or her successor is duly elected and qualified: Director For Against Abstain Broker Non-Votes Christine Russell 37,679,740 56,160 187,125 1,376,871 Jurgen Ingels 37,918,762 1,511 2,752 1,376,871 evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm - Shareholder Votes MariaDB plc shareholders approved Ratification of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023. at the 2023-06-29 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-29 source text: Item 2: Ratification of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023. For Against Abstain Broker Non-Votes 39,240,166 59,730 0 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm - Shareholder Votes MariaDB plc shareholders approved Appointment of UHY Farrelly Dawe White Limited as the Company’s statutory auditor under Irish law, to hold office until the conclusion of the 2024 Annual General Meeting of shareholders. at the 2023-06-29 meeting. - Outcome: passed - Meeting: 2023-06-29 source text: Item 3: Appointment of UHY Farrelly Dawe White Limited as the Company’s statutory auditor under Irish law, to hold office until the conclusion of the 2024 Annual General Meeting of shareholders. For Against Abstain Broker Non-Votes 39,052,321 237,592 9,983 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm - Shareholder Votes MariaDB plc shareholders approved Authorization of the Audit Committee to determine the remuneration of UHY Farrelly Dawe White Limited in its capacity as the Company’s statutory auditor under Irish law. at the 2023-06-29 meeting. - Outcome: passed - Meeting: 2023-06-29 source text: Item 4: Authorization of the Audit Committee to determine the remuneration of UHY Farrelly Dawe White Limited in its capacity as the Company’s statutory auditor under Irish law. For Against Abstain Broker Non-Votes 39,232,231 59,678 7,987 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000110465923077185/0001104659-23-077185-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.