{"schema_version":"secwatch.filing_event.v1","accession":"0001929589-24-000013","form_type":"8-K","ticker":null,"cik":"0001929589","company_name":"MariaDB plc","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.322706+00:00","generated_at":"2026-06-06T08:35:36.489659+00:00","sec_items":["1.01","2.04","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MariaDB defaults on $26.5M note, enters forbearance with RP Ventures through Feb 21","bullets":["Default on $26.5M senior secured promissory note due Jan 31, 2024; interest at default rate (12%).","Forbearance agreement with lender RP Ventures; forbearance period ends Feb 21, 2024.","Company pays $100K forbearance fee; restricted from soliciting alternative transactions during period.","Board formed Special Committee (Jurgen Ingels, Paul O'Brien) on Jan 19 to evaluate restructuring.","No assurance of restructuring; lender may accelerate obligations after forbearance."],"urls":{"canonical":"https://secwatch.observer/filing/0001929589-24-000013","json":"https://secwatch.observer/filing/0001929589-24-000013.json","markdown":"https://secwatch.observer/filing/0001929589-24-000013.md","text":"https://secwatch.observer/filing/0001929589-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1929589/000192958924000013/0001929589-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1929589/000192958924000013/mrdb-20240119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:35:36.489659+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":"0c783852595f74ca9be41d52398cd3afd5e4902a","claim":"MariaDB plc reported a default on senior notes of $26,500,000 with RP Ventures LLC at default rate of 2% above the otherwise-applicable non-default interest rate of 1 maturing January 31, 2024.","evidence_excerpt":"note, dated as of October 10, 2023 and amended on January 10, 2024, issued by MariaDB plc (the “ Company ”) to RP Ventures LLC (“ RP Ventures ”) in the principal amount of $26,500,000 (the “ RP Note ”) matured. The Company did not pay the outstanding principal, interest, and other applicable fees or charges due and payable on the RP Note. In addition, the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1929589/000192958924000013/0001929589-24-000013-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$26,500,000"},{"label":"Counterparty","value":"RP Ventures LLC"},{"label":"Rate","value":"default rate of 2% above the otherwise-applicable non-default interest rate of 1"},{"label":"Maturity","value":"January 31, 2024"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}