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MariaDB Board Changes Post-Promissory Note Acquisition
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MariaDB Board Changes Post-Promissory Note Acquisition

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MariaDB (MRDB) has shared an announcement.

MariaDB plc has undergone a significant board reshuffle following the acquisition of a senior secured promissory note by Meridian Topco LLC from RP Ventures LLC. Upon the note’s acquisition, Michael Fanfant and Yakov “Jack” Zubarev resigned from the company’s Board of Directors, with George Mansour and Jordan Wappler appointed as their replacements. Mansour, with an extensive finance background and tenure at K1 Investment Management LLC, and Wappler, a seasoned transactional attorney, are set to serve until the 2026 and 2024 annual general meetings, respectively. The changes on the board come without any internal disagreements, and both appointees are experienced professionals with no family ties to current company executives.

For detailed information about MRDB stock, go to TipRanks’ Stock Analysis page.

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