Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Franz Aman was terminated as Chief Marketing Officer at MariaDB plc.
- Action
- terminated
- Role
- Chief Marketing Officer
Exact text from the filing
On October 12, 2023, Franz Aman, Chief Marketing Officer of the Company was terminated in connection with the reduction of the Company’s workforce, effective October 12, 2023.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
MariaDB plc announced a impairment with charges of Approximately $7.9 million of the impairment charge relates to goodwill with the remaining $0.9 million portion of the impairment charge relating to intangible affecting acquisitions of Clustrix/Xpand in September 2018 and CubeWerx Inc. in August 2022.
- Type
- impairment
- Charge
- Approximately $7.9 million of the impairment charge relates to goodwill with the remaining $0.9 million portion of the impairment charge relating to intangible
- Affected area
- acquisitions of Clustrix/Xpand in September 2018 and CubeWerx Inc. in August 2022
Exact text from the filing
end September 30, 2023, it would incur an impairment charge associated with its acquisitions of Clustrix/Xpand in September 2018 and CubeWerx Inc. in August 2022. Approximately $7.9 million of the impairment charge relates to goodwill with the remaining $0.9 million portion of the impairment charge relating to intangible assets. This determination was reached based
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
MariaDB plc announced a restructuring with charges of approximately $3.1 million in employee severance and notice period payments, benefits, and related costs and $0.1 million in non-cash stock-based compensation e affecting core MariaDB Enterprise Server database product (84 people, or approximately 28%).
- Type
- restructuring
- Charge
- approximately $3.1 million in employee severance and notice period payments, benefits, and related costs and $0.1 million in non-cash stock-based compensation e
- Affected area
- core MariaDB Enterprise Server database product
- Headcount
- 84 people, or approximately 28%
Exact text from the filing
The Plan includes a reduction of the Company's workforce by 84 people, or approximately 28%. The Company expects the Plan will result in (i) restructuring charges consisting of approximately $3.1 million in employee severance and notice period payments, benefits, and related costs and $0.1 million in non-cash stock-based compensation expense related to vesting of share-based awards
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