Venture capital firm Runa Capital has made a cash offer to acquire MariaDB at a price of 56 cents per share. With a current stake of 7.8% in the company, Runa Capital believes this offer represents a premium of approximately 24% based on the closing price on September 13. Following this announcement, MariaDB shares experienced a significant increase of 24% to reach 53 cents during after-hours trading.
Five Point Holdings Appoints Kim Tobler as CFO
Kim Tobler has been appointed as the new Chief Financial Officer (CFO) of Five Point Holdings. As the owner and developer of planned communities, Five Point is confident in Tobler's capabilities as she has already held the role of Vice President for Treasury and Tax since 2016. The market has responded positively to this news, with an after-hours trading increase of 14% pushing share prices to $3.53.
Disney's CIO Diane Jurgens Departs from the Company
According to The Wall Street Journal, Diane Jurgens, Chief Information Officer (CIO) of Disney, has left the company. This marks the second high-level executive departure in three months for Disney, following Chief Financial Officer Christine McCarthy's medical leave in June.