What’s at stake: AI developer Arria NLG needs capital but its board is under fire after failing to deliver on plans to list on the NZX or ASX.
Background: The company acquired technology developed by researchers at Aberdeen University and initially listed on London’s Alternative Investment Market, before delisting and shifting domicile to New Zealand.
Key players: Arria NLG, CM Partners, Sharon Daniels, Gerald Henry, Sean Joyce, John Sorensen, Brendan Lindsay, Barbara Kendall, Jamie Zimmerman.
Simmering discontent over the performance and governance of aspiring New Zealand-registered artificial intelligence company Arria NLG provoked an unsuccessful attempt to roll the board this year, shareholder documents show.
The rebellion was led by Arria’s Auckland-based investment banking adviser
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What’s at stake: AI developer Arria NLG needs capital but its board is under fire after failing to deliver on plans to list on the NZX or ASX.
Background: The company acquired technology developed by researchers at Aberdeen University and initially listed on London’s Alternative Investment Market, before delisting and shifting domicile to New Zealand.
Key players: Arria NLG, CM Partners, Sharon Daniels, Gerald Henry, Sean Joyce, John Sorensen, Brendan Lindsay, Barbara Kendall, Jamie Zimmerman.
