4 ms·
MariaDB already had its exit last December. It went public via a SPAC deal. Like most SPACs, the stock hasn't performed well. Its market cap is now around $30
by evanelias 3y ago
MariaDB already had its exit last December. It went public via a SPAC deal.
Like most SPACs, the stock hasn't performed well. Its market cap is now around $30 million, which is substantially less than it raised in venture funding.
If they want to remain a public company, they'll need to do a reverse-split soon to get the stock price above $1/share, otherwise they'll be de-listed.