I found this note in the MPM5304 datasheet:
“General purpose input/output (GPIO) pin – PG mode. When the MTP/I2C
configure this pin as “PG,” it is the open-drain power good output. Pull low
when any enabled regulator falls below the UV threshold or when all
regulators are disabled”
None of the example schematics include a pull up resistor on the open drain pin. Is this pull up integrated internally?