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Struggling database company MariaDB could be taken private in $37M deal (techcrunch.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 7 months ago (1 children)

The 'non-binding' proposal comes 14 months after MariaDB went public via SPAC

If you plan to go public through a SPAC, you should take a step back.

I don’t know why any investor would buy Spacs where contacted can even go through the usual due diligence process.

[–] [email protected] 2 points 7 months ago

What is a SPAC?

https://en.m.wikipedia.org/wiki/Special-purpose_acquisition_company