secwatch.observer — SEC 8-K summary
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Issuer:     MariaDB plc (—)
CIK:        0001929589
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001104659-23-112194
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MariaDB gets NYSE delisting notice for lack of independent directors and audit committee
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- NYSE notice Oct 23, 2023: MariaDB lacks majority independent directors and three independent audit committee members; cure by Oct 30 or BC indicator Nov 1.
- Prior NYSE non-compliance: avg market cap <$50M and equity <$50M (Sept), stock price <$1.00 (June); cure periods ongoing.
- Company intends to file plan for market cap deficiency within 45 days; stock price cure within six-month period.
- 2024 annual meeting set for March 12, 2024; shareholder proposals due Nov 10, 2023; director nominations due Dec 13–Jan 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1929589/000110465923112194/0001104659-23-112194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1929589/000110465923112194/tm2329231d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-112194

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