Key facts
- This page summarizes Meridian BidCo LLC's Form 4 filing for MariaDB plc.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 26 Aug 2024, 16:15.
Meridian BidCo LLC - 26 Aug 2024 Form 4 Insider Report for MariaDB plc
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 26 Aug 2024
- Net transaction value
- +$4,292,061
- SEC form
- 4
- Accepted by SEC
- 26 Aug 2024, 16:15:15 UTC
- Prior SEC filing
- 29 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- Meridian BidCo LLC By: Sujit Banerjee Its: President By: /s/ Sujit Banerjee
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Meridian BidCo LLC filed Form 4 for MariaDB plc on 26 Aug 2024.
Change
- Previous filing in this sequence was filed on 29 Jul 2024.
- Current net transaction value: +$4,292,061.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MRDB
transaction
Ordinary Shares
Purchase
- Transaction value
- $4,292,061
- Shares
- +7,803,747
- Change %
- +13%
- Price
- $0.5500
- Shares after
- 69,067,030
- Date
- 26 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Meridian BidCo LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Pursuant to the terms of the Amended and Restated Offer Document, dated June 24, 2024 (as amended, restated or supplemented, the "Offer Document"), Meridian BidCo LLC ("Bidco") conducted a tender offer (the "Offer") for all issued and to be issued ordinary shares of MariaDB plc ("MariaDB"), par value $0.01 per share (the "MariaDB Shares"), in exchange for $0.55 in cash per MariaDB Share. At 5:00 p.m. (New York City time) on July 23, 2024, the Offer expired and Bidco accepted for purchase a total of 61,263,283 MariaDB Shares validly tendered and not properly withdrawn prior to such time, representing approximately 88.7% of the issued share capital of MariaDB as of July 22, 2024.
Footnote F2
On July 26, 2024, Bidco sent compulsory acquisition notices (the "Notices") to those MariaDB shareholders who did not accept the Offer (the "Non-Assenting Shareholders"). Following the expiration of 30 calendar days from the date of such Notices, on August 26, 2024 the MariaDB Shares held by the Non-Assenting Shareholders were acquired compulsorily by Bidco on the same terms as the Offer (such acquisition, the "Buy Out" and, together with the Offer, the "Transactions").
Footnote F3
K1 Investment Management, LLC ("K1") indirectly controls Bidco. Each of K1 and Bidco disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. Following the closing of the Transactions, MariaDB became a wholly-owned subsidiary of Bidco.