secwatch.observer — SEC 8-K summary
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Issuer:     MariaDB plc (—)
CIK:        0001929589
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001193125-22-311179
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.01, 5.02, 3.02, 9.01, 4.01, 3.03, 5.03, 5.01, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

MariaDB completes SPAC merger with Angel Pond Holdings; 99% of public shares redeemed for $266.3M
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- Former shell company MariaDB plc now public on NYSE after merging with APHC; 66.5M ordinary shares outstanding.
- 99% of APHC Class A shares redeemed (~26.3M shares) at ~$10.13 each for aggregate $266.3M.
- PIPE investors purchased 1.92M shares at $9.50/share, raising $18.2M concurrent with closing.
- Legacy MariaDB shareholders received ~0.22816 ordinary shares per Legacy share; warrants adjusted accordingly.
- Auditors note material uncertainty about going concern; company requires additional financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1929589/000119312522311179/0001193125-22-311179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1929589/000119312522311179/d434176d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-311179

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