{"id":114067,"date":"2024-02-17T05:04:19","date_gmt":"2024-02-17T05:04:19","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=120539"},"modified":"2024-02-17T05:04:19","modified_gmt":"2024-02-17T05:04:19","slug":"k1-investment-management-llc-k1-statement-regarding-possible-offer-for-mariadb-plc-mariadb-2","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/k1-investment-management-llc-k1-statement-regarding-possible-offer-for-mariadb-plc-mariadb-2\/","title":{"rendered":"K1 Investment Management, LLC (\u201cK1\u201d) Statement regarding Possible Offer for MariaDB plc (\u201cMariaDB\u201d)"},"content":{"rendered":"
\n

POSSIBLE OFFER (RULE 2.4 ANNOUNCEMENT)<\/strong><\/p>\n

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.<\/strong><\/p>\n

THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE “TAKEOVER RULES”) AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE.<\/strong><\/p>\n

LOS ANGELES, Feb. 16, 2024 (GLOBE NEWSWIRE) — K1 confirms that it made, on 15 February 2024, a non-binding proposal to the board of directors of MariaDB (the \u201cBoard<\/strong>\u201d) to acquire, together with K1\u2019s investment affiliates, all of the issued, and to be issued, share capital of MariaDB at a value of $0.55 per share (the \u201cPossible Offer<\/strong>\u201d). The terms of the Possible Offer represent:-<\/p>\n