{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-016381","form_type":"8-K","ticker":null,"cik":"0001929589","company_name":"MariaDB plc","filed_at":"2023-10-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.413725+00:00","generated_at":"2026-06-10T01:10:48.045999+00:00","sec_items":["2.05","2.06","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MariaDB cuts 28% workforce (84 employees); records $8.8M impairment; discontinues SkySQL and Xpand","bullets":["Workforce reduction of 84 employees (~28%) begun Oct 12, 2023; est. $3.1M severance costs.","Non-core products SkySQL and Xpand discontinued; customers to be migrated off.","Material impairment of $8.8M ($7.9M goodwill + $0.9M intangible) for FY ended Sep 30, 2023.","CMO Franz Aman terminated effective Oct 12, 2023 as part of restructuring."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-016381","json":"https://secwatch.observer/filing/0001558370-23-016381.json","markdown":"https://secwatch.observer/filing/0001558370-23-016381.md","text":"https://secwatch.observer/filing/0001558370-23-016381.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1929589/000155837023016381/0001558370-23-016381-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1929589/000155837023016381/mrdb-20231012x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T01:10:48.045999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"465c311d6f","claim":"Franz Aman was terminated as Chief Marketing Officer at MariaDB plc.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1929589/000155837023016381/0001558370-23-016381-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Marketing Officer"}],"fact_type":"executive_change"},{"claim_id":"246302259f1119be3f2935162fe796c2ca6b294f","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1929589/000155837023016381/0001558370-23-016381-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"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"},{"label":"Affected area","value":"acquisitions of Clustrix/Xpand in September 2018 and CubeWerx Inc. in August 2022"}],"fact_type":"restructuring_charge"},{"claim_id":"6c8e19e57f43a316ae3da4fcadaea723ab019186","claim":"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%).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1929589/000155837023016381/0001558370-23-016381-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"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"},{"label":"Affected area","value":"core MariaDB Enterprise Server database product"},{"label":"Headcount","value":"84 people, or approximately 28%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}