Runa, Smartfin, and Open Ocean Entities oppose K1's Acquisition Proposal for MariaDB (MRDB)
Key Summary: On September 7, 2023, Runa Capital Fund opposed dilutive equity financing, suggested debt options. On September 14, they proposed buying outstanding shares at $0.56/share, offering a $5M bridge loan. On September 20, expressed concern about strategic direction, offered $30M borrowing, demanded answers. On September 24, committed $20M for se…