Summary by Futu AI
Alibaba Group Holding Limited and its affiliates have filed an amendment to their Schedule 13G with the United States Securities and Exchange Commission, indicating that they no longer hold any beneficial ownership in the ordinary shares of MariaDB plc. The amendment, dated November 14, 2024, follows the completion of a Buy Out on August 26, 2024, as referenced in the Form 15 filed by MariaDB plc. As a result of this transaction, Alibaba Group and its related entities, which include Alibaba.com Limited, Alibaba.com Investment Holding Limited, and several others across different jurisdictions, have ceased to be beneficial owners of MariaDB plc's shares. The entities have confirmed that their holdings in MariaDB plc have reduced to zero percent, effectively ending their status as significant shareholders in the company.