---
schema_version: "secwatch.filing_event.v1"
accession: "0001929589-24-000004"
form_type: "8-K"
ticker: null
cik: "0001929589"
company_name: "MariaDB plc"
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:40:30.870661+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MariaDB extends $26.5M note maturity to Jan 31; pays $75K fee

## Summary
- Extended maturity and exclusivity period of $26.5M senior secured promissory note from Jan 10 to Jan 31, 2024.
- Company pays RP Ventures a nonrefundable $75,000 funding fee for the amendment.
- Exclusivity restricts MariaDB from pursuing other recapitalization or financing deals except with RP Ventures or Runa affiliates.
- Company cites need for time to continue work on a recapitalization structure with noteholder parties.
- Amendment highlights ongoing liquidity risk; NYSE delisting possible if market cap standards not met.

## SEC filing metadata
- accession: 0001929589-24-000004
- form_type: 8-K
- cik: 0001929589
- company_name: MariaDB plc
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1929589/000192958924000004/0001929589-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1929589/000192958924000004/mrdb-20240110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929589-24-000004
- JSON: https://secwatch.observer/filing/0001929589-24-000004.json
- Plain text: https://secwatch.observer/filing/0001929589-24-000004.txt

## Key facts
- Debt Financings
  MariaDB plc amended senior notes with RP Ventures LLC maturing January 31, 2024.
  - Instrument: senior notes
  - Counterparty: RP Ventures LLC
  - Maturity: January 31, 2024
  - Event: amendment
  source text: The First Amendment, among and between MariaDB, RP Ventures, and other note parties to the RPV Note, extends (i) the maturity date of the RPV Note from January 10, 2024 to January 31, 2024, providing time for the Company to continue to work with parties related to the noteholder on a recapitalization structure and (ii) the exclusivity period under the RPV Note from January 10, 2024 to January 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000192958924000004/0001929589-24-000004-index.htm
- Material Agreements
  MariaDB plc amended First Amendment to Senior Secured Promissory Note with RP Ventures LLC valued at 26.5 million USD (effective 2024-01-10).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: RP Ventures LLC
  - Value: 26.5 million USD
  - Effective: 2024-01-10
  source text: Exhibit No. Description 10.1 First Amendment to Senior Secured Promissory Note, dated January 10, 2024, by and among MariaDB plc, RP Ventures LLC, and the other note parties thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1929589/000192958924000004/0001929589-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.