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MariaDB is now fully under the auspices of K1 Investment Management .
California -based private equity firm K1 took full-ownership of MariaDB and its shares de-listed from the New York Stock Exchange .
MariaDB went public via a special purpose acquisition company ( SPAC ) in late 2022 .
The public listing was far from fruitful, with its open day peak valuation of $445 million dropping drastically in the months that followed to below $12 million .
VR Score
75
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73
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13
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semi-formal
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English
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70
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15
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8
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