Case Studies

Deloitte advised MariaDB in its NYSE listing via combination with Angel Pond Holdings Corporation

3 Feb 2022

We are pleased to announce that the tax team of Deloitte Finland advised the fast-growing, popular open-source database software company MariaDB in its merger with Angel Pond Holdings Corporation, a New York Stock Exchange-listed special purpose acquisition company (SPAC). The transaction implies a pro forma MariaDB enterprise value of approximately 672 million dollars (approximately 598 million euros).

“This is the first time ever that a Finnish company becomes NYSE listed via a cross-border merger with a SPAC. We are honored to have been part of this historical transaction”.

Deloitte warmly congratulates MariaDB!

“This is the first time ever that a Finnish company becomes NYSE listed via a cross-border merger with a SPAC. We are honored to have been part of this historical transaction.”

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