The company, whose shares are suspended from trading, now has a board lacking any AI expertise, the CEO tells NBR.
Daly also confirmed KMD Brands was still committed to Kathmandu NZ and the Oboz brand despite the challenged performance.
The pair owned a combined 25% of the company after striking an agreement to try to acquire the assets of the glass producer last year.
Share price eases as annual meeting reveals little news for shareholders.
Investment into a pilot system could aid salmon smoltification before the fish are moved to sea farms.
But chair Doug McKay says Hassall had the unanimous support of Vector board.
Institutional shareholders take-up 91% of rights issue and placement swallows the rest, raising gross proceeds of $593m.
The listed probiotic maker will come out of a trading halt this morning after telling the market it would take legal action.
Trigger for $700m capital raise was resolution of Iplex crisis, not disappointing bids for residential assets, says incoming CEO.
New York-based hedge fund Ampfield Management has reduced its holding in the transport tech company.
