# EDGAR Filing Document

**Accession Number:** 0001929589
**File Stem:** 0000000000-23-001434
**Filing Date:** 2023-2
**Character Count:** 11948
**Document Hash:** c15a296e8c718cbc9051d5e1621241ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001434.hdr.sgml**: 20230421

**ACCESSION NUMBER**: 0000000000-23-001434

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230210

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MariaDB plc
- **CENTRAL INDEX KEY:** 0001929589
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** L2
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 699 VETERANS BLVD
- **CITY:** REDWOOD CITY
- **STATE:** CA
- **ZIP:** 94063
- **BUSINESS PHONE:** 18555627423

**MAIL ADDRESS:**
- **STREET 1:** 699 VETERANS BLVD
- **CITY:** REDWOOD CITY
- **STATE:** CA
- **ZIP:** 94063

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mangomill plc
- **DATE OF NAME CHANGE:** 20220517
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001193125-23-009569

## Text-Extract

```

United States securities and exchange commission logo

                             February 10, 2023

       Michael Howard
       Chief Executive Officer
       MariaDB plc
       699 Veterans Blvd
       Redwood City, CA 94063

                                                        Re: MariaDB plc
                                                            Registration
Statement on Form S-1
                                                            Filed January 17,
2023
                                                            File No. 333-269268

       Dear Michael Howard:

              We have limited our review of your registration statement to
those issues we have
       addressed in our comments. In some of our comments, we may ask you to
provide us with
       information so we may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form S-1

       Summary of the Prospectus, page 1

   1.                                                   Please provide a brief
description of your lock-up agreements, clarify which selling
                                                        holders are subject to
your lock-up agreements, disclose when those lock-up agreements
                                                        may expire or be
waived, and describe how they will impact your offering given much of
                                                        the shares in this
offering would be restricted by the lock-up agreements.
       General

   2.                                                   Revise your prospectus
to disclose the price that each selling securityholder paid for the
                                                        ordinary and warrants
being registered for resale, including your prospectus cover page
                                                        and summary. Highlight
any differences in the current trading price, the prices that the
                                                        SPAC Sponsor, private
placement investors, forward purchase investors, PIPE investor or
 Michael Howard
MariaDB plc
February 10, 2023
Page 2
         other selling securityholders acquired their shares and warrants, and
the price that the
         public securityholders acquired their shares and warrants. Disclose
that while these private
         investors may experience a positive rate of return based on the
current trading price, the
         public securityholders may not experience a similar rate of return on
the securities they
         purchased due to differences in the purchase prices and the current
trading price. Please
         also disclose the potential profit the selling securityholders will
earn based on the current
         trading price. Lastly, please include appropriate risk factor
disclosure.
3.       Disclose the exercise price(s) of the warrants compared to the market
price of the
         underlying securities. If the warrants are out the money, please
disclose the likelihood that
         warrant holders will not exercise their warrants. Provide similar
disclosure in the
         prospectus summary, risk factors, MD&A and use of proceeds section and
disclose that
         cash proceeds associated with the exercises of the warrants are
dependent on the stock
         price. As applicable, describe the impact on your liquidity and update
the discussion on
         the ability of your company to fund your operations on a prospective
basis with your
         current cash on hand.
4.     We note the significant number of redemptions of the Angel Pond Class A
public shares
       in connection with your business combination and that the shares being
registered for
       resale will constitute a considerable percentage of your public float.
We also note that
       much of the shares being registered for resale were purchased by the
selling
       securityholders for prices considerably below the current market price
of the ordinary
       shares or the public SPAC Angel Pond Class A ordinary shares. Highlight
the significant
       negative impact sales of shares on this registration statement could
have on the public
       trading price of your ordinary shares both here, your risk factors
section and your
       MD&A. Further, to the extent your growth projections provided to the
SPAC investors
FirstName LastNameMichael Howard
       for the vote for the business combination materially deviate from your
post-business
Comapany    NameMariaDB
       combination   results, plc
                              your MD&A should describe any material trends
that caused this
       deviation.
February  10, 2023 Page 2
FirstName LastName
 Michael Howard
FirstName LastNameMichael Howard
MariaDB plc
Comapany10,
February  NameMariaDB
            2023       plc
February
Page 3 10, 2023 Page 3
FirstName LastName
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

      You may contact Edwin Kim, Staff Attorney, at (202) 551-3297 or Jan Woo,
Legal
Branch Chief, at (202) 551-3453 with any questions.

                                                           Sincerely,

                                                           Division of
Corporation Finance
                                                           Office of Technology
cc:      Jens Fischer, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

February 10, 2023

Michael Howard  
Chief Executive Officer  
MariaDB plc  
699 Veterans Blvd  
Redwood City, CA 94063

**Re: MariaDB plc  
Registration Statement on Form S-1  
Filed January 17, 2023  
File No. 333-269268**

Dear Michael Howard:

We have limited our review of your registration statement to those issues we have addressed in our comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments.

# Registration Statement on Form S-1

# Summary of the Prospectus, page 1

1. Please provide a brief description of your lock-up agreements, clarify which selling holders are subject to your lock-up agreements, disclose when those lock-up agreements may expire or be waived, and describe how they will impact your offering given much of the shares in this offering would be restricted by the lock-up agreements.

# General

2. Revise your prospectus to disclose the price that each selling securityholder paid for the ordinary and warrants being registered for resale, including your prospectus cover page and summary. Highlight any differences in the current trading price, the prices that the SPAC Sponsor, private placement investors, forward purchase investors, PIPE investor or

Michael Howard
MariaDB plc
February 10, 2023
Page 2

other selling securityholders acquired their shares and warrants, and the price that the public securityholders acquired their shares and warrants. Disclose that while these private investors may experience a positive rate of return based on the current trading price, the public securityholders may not experience a similar rate of return on the securities they purchased due to differences in the purchase prices and the current trading price. Please also disclose the potential profit the selling securityholders will earn based on the current trading price. Lastly, please include appropriate risk factor disclosure.

3. Disclose the exercise price(s) of the warrants compared to the market price of the underlying securities. If the warrants are out the money, please disclose the likelihood that warrant holders will not exercise their warrants. Provide similar disclosure in the prospectus summary, risk factors, MD&A and use of proceeds section and disclose that cash proceeds associated with the exercises of the warrants are dependent on the stock price. As applicable, describe the impact on your liquidity and update the discussion on the ability of your company to fund your operations on a prospective basis with your current cash on hand.

4. We note the significant number of redemptions of the Angel Pond Class A public shares in connection with your business combination and that the shares being registered for resale will constitute a considerable percentage of your public float. We also note that much of the shares being registered for resale were purchased by the selling securityholders for prices considerably below the current market price of the ordinary shares or the public SPAC Angel Pond Class A ordinary shares. Highlight the significant negative impact sales of shares on this registration statement could have on the public trading price of your ordinary shares both here, your risk factors section and your MD&A. Further, to the extent your growth projections provided to the SPAC investors for the vote for the business combination materially deviate from your post-business combination results, your MD&A should describe any material trends that caused this deviation.

Michael Howard
MariaDB plc
February 10, 2023
Page 3

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement.

You may contact Edwin Kim, Staff Attorney, at (202) 551-3297 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any questions.

Sincerely,

Division of Corporation Finance
Office of Technology

cc: Jens Fischer, Esq.