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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Arria Nlg Ords | LSE:NLG | London | Ordinary Share | GB00BGDFBC25 | ORD 0.1P |
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Arria Nlg Ords (NLG) Share Charts1 Year Arria Nlg Ords Chart |
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Date | Time | Title | Posts |
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07/4/2024 | 07:04 | Arria | 8,814 |
07/5/2020 | 11:27 | Arria - NLG everywhere 2018 re-list | 110 |
03/1/2020 | 15:25 | Arria NLG Everywhere | 4 |
28/1/2019 | 11:38 | Arria NLG investors thread 2016 | 406 |
04/7/2018 | 12:27 | Arria NLG (NLG) CEO Expanding listings to New Zealand & Australia | 407 |
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Posted at 28/3/2024 22:38 by willowgrouse Cashflow is clearly tight at AI’s longest startup Arria NLG. The New Zealand-registered company’s main offices are in the US, where court filings last October showed IT supplier Sierra Microproducts was seeking payment of US$87,028 ($145,000) in outstanding invoices. Fast forward to late February and an affidavit from Sierra’s lawyer, Frederick E Gerson Esq, said the parties had agreed Arria would pay the amount in 10 instalments, failing which, Sierra was entitled to judgment for US$120,000. “To date, Arria has missed its first payment,” said the affidavit, and the clock was now ticking on its make-good deadline. Also in February, Arria said investors had completed due diligence on US$100 million of new funding and it was expecting a terms sheet “imminently |
Posted at 16/11/2023 22:50 by windhill Go figure - I have 1.8M Arria NLG share available @0.50 USD. NB last offer price from company at $1.0 USD. |
Posted at 12/10/2023 01:15 by windhill October 2023Arria Shareholder UpdateWe hope you all enjoyed the recent Technology Presentation. For those of you who missed the session, you can watch the recording at your convenience. Watch video ?Commercial UpdateThe demand for enterprise-ready Generative AI remains center stage as companies respond to media hype and fast-paced advancements in Language Technologies. This market opportunity offers Arria a platform for growth where accuracy and reliability are of utmost importance when providing Language Automation solutions. Arria's proven success and focus across compliance, risk, regulatory, sustainability and other mission-critical business operational and performance applications fall well within this category. We are already seeing existing clients planning expansion of their use of Arria solutions and aligning to Arria's Generative AI strategy and road map.By way of example, we are pleased to share the email received last week from one of our financial service clients, Wellington Management:Hello Arria Team!Last night we kicked off our first batch of client letters for the Q3 reporting cycle. With this run we mark an important milestone that we have fully transitioned to the Arria platform. I wanted to take the opportunity to thank the team officially for all your hard work in getting us to the point. We couldn't have asked for better partners in this project. The team was always patient and willing to help us. Your responsiveness to every question and problem was top notch.Thank you for helping us every step along the way. Now that the transition is complete, we can start the exciting process of looking for additional areas where Arria can help bring efficiencies to our processes.VP, Client Technology OperationsWellington Management Company LLPEvery enterprise, including Domino's, is exploring how to best incorporate Generative AI into its tech stack. In a recent press release, Domino's and Microsoft announced their collaboration to use Azure and Azure AI tools to help accelerate Domino's modernization and expansion plans. The collaboration focuses on deriving better insights from Domino's data. This presents an opportunity for Arria to extend the scope of its Domino's project beyond Arria's automation of telephone order-taking, which is not affected by the Microsoft-Domino's project - to embrace completing the business intelligence tech stack offered by Microsoft with last-mile reporting in natural language.Our Fortune 100 clients have found that the use of Generative AI to complete the tech stack is essential to profiting from the efficiencies that improvements in data analysis offer. As we further advance our existing Language Platform, one day soon enterprises and their staff, from analysts to agents, will experience the expanded ability to "have a conversation with their data."Funding UpdateArria will resume its growth strategy upon conclusion of the current funding round which remains imminent. The Board is reviewing various funding options with the following global initiatives fully underway:US-Based IP Financing institutional lender are working to present a binding term sheet within 35 to 45 days from time of receiving all required information which is now imminent.New Australia-based group who are seeking to collaborate and invest in a partnership with Arria to address Sustainability and ESG. This group have already received funding for this project. Partnership discussions are underway.Existing Malaysia-based investor who remain committed to fulfilling their investment in Arria with plans to co-create Sustainability and ESG governance solutions.AU-based high net worth individual introduced to Arria through an existing shareholder who is seeking to further his portfolio of investments via Arria.UK-Based family office who have expressed interest in participating in the private offering as outlined below.We engaged with three individual US-Based private equity firms; each are at different stages of due diligence. Institutional funding is a longer process than most and therefore is expected to supplement one of the more near-term funding options.We expect one or more opportunities to close within the next 30-90 days, possibly sooner.Private OfferingTo maintain the Company's progress, we have initiated a special offering which will be available to shareholders for a limited time. This premium offer is a bridge to larger funding now being sought and will close in November.I am pleased to report that our two largest shareholders have agreed to fund US $5 million of this special offer and we have already received the first half ($2.5 million) of this commitment. During this period shareholders will have the same opportunity to invest in this pre-IPO round at the following premium rate:Bond convertible at listing with a cap of USD$1.0010% interest20% discount off listing price upon conversion20% discount off listing price upon conversion becomes 30% with an investment of US $1 million or more in this offer |
Posted at 21/9/2023 19:00 by therealherculepoirot Can you share other results? |
Posted at 31/7/2023 14:27 by kidknocked Windhill - 21 Oct 2022 - 03:09:23 - 8432 of 8666 Arria - NLGRumor on the street that Arria is out of cash, payroll under threat. Your usual nonsense about payroll and cash blah blah blah. I am not an insider, you know that, stop being a prat. |
Posted at 27/7/2023 16:51 by therealherculepoirot These employee reviews on Glassdoor are telling.hxxps://www.glassdoo Current Employee Severe Ongoing Payment Issues 20 Jun 2023 - Prefer To Remain Anonymous in Toronto, ON Recommend CEO Approval Business Outlook Pros Remote work. Schedule can be flexible. Some of the people here are wonderful to work with! Cons Never ending late pay issues since around August/Sept of last year. In the past 2-3 months we seem to always be 2-3 paycheques behind. Almost 4 at this point. Constant broken promises by the CEO and leadership in terms of when this is going to be resolved. Poor communication from the execs in terms of the resolution of this issue. Advice to Management This company needs some major changes on the executive level. Pay your employees and do what it takes to earn back their trust. 3 people found this review helpful Helpful Share Report Flag as Inappropriate 1.0 ★★★ Former Employee, more than 1 year Not paying staff on time. Pensions are not being paid. 19 Dec 2022 - Software Engineer in Aberdeen, Scotland Pros There were some skilled engineers at the company. Cons I am writing this in the hope that others will not have to go through the same hugely stressful and trying experience. During my time at the company there were three occasions when we were not paid. On the first occasion the delay was 15 days on the second and third occasions it was a whole month overdue. This obviously caused all kinds of havoc for people’s personal lives and is completely unacceptable. Those in positions of authority failed to respond adequately to the crisis. We were repeatedly told we would receive wages by date X only for X to pass and a new date to be proposed, only for that to be missed and so on. The CTO would hold lots of meetings but would not be able to tell us anything concrete because he too seemed to be in the dark. Throughout the crises there was a striking lack of urgency and no real appreciation of the fact that the company was in breach of contract. They attempted to make a gesture of apology by promising everyone a 10% bonus but ironically they were unable to pay this either, at least during the time I was there. It should also be noted that at the time of writing Arria has not paid pension contributions since June 2022. I am still waiting for them to pay my pension contributions into the plan. In my experience, Arria pays significantly less than the market rate for software engineers. |
Posted at 21/7/2023 12:50 by windhill Arria has consistently over-promised and under delivered on its forecast financial performance. We refer you to the forecast financial information issued by the company to date:On or about 16 February 2021, the company provided "revenue target range" information for each 30 September FY as follows:FY ending 30 September 2022: range of USD 32 million to USD 77 million;FY ending 30 September 2023: range of USD 77 million to USD 150 million.[1] Actual revenue for FY ending 30 September 2022: USD 17.79m;Forecast revenue for FY ending 30 September 2023: USD 30.22 million.8 None of the forecasts has been achieved and forecast revenue for FY ending 30 September 2023 was reduced from USD220 million on 29 July 2020 to USD 30.22 million on 5 May 2023.The Board and CEO must take responsibility for this record of persistent under-achievement. [ |
Posted at 10/7/2023 07:30 by windhill Gosh weve missed you Kiddlr. Arria fired their CFO and are running out of cash. Both statements hold true. Arria announced it themselves old boy. They also announced they'd fired their auditor and switched to some 2rd rate bookkeeper. Sure the lights are on, but no grown-ups are home. I'd price at 10p. |
Posted at 22/2/2023 01:25 by willowgrouse Kiwi-born artificial intelligence software company Arria NLG has kicked off a pitch to Australian investors, as it analyses a $US100 million-odd ($140 million) raising to list on the ASX.It is understood Arria NLG (which stands for natural language generation) has hired stockbroker Morgans to tee up the investor meetings and arrange the proposed initial public offering, with a listing pencilled in for coming months. The non-deal roadshow meetings started late last week. In the pitch to fundies seen by Street Talk, Arria said it was targeting its AI and natural language technologies at the banking, financial services, insurance, pharma, fast food and sports industries, among others. It told investors the company had raised $US160 million to date and invested the funds into developing technology and global enterprise infrastructure, including 43 core NLG patents and three platforms. Arria said its top 12 clients could deliver 80 per cent of its revenue in 2022. The clients included big global corporations like Domino’s, Mars, AstraZeneca, UBS and BNY Mellon. Its pitch centred around the automation of work. In a pacey video sent to funds, it gave three examples of how its products were used by clients; turning fund performance data into automated investor reports, having its virtual call centre operator take a pizza order and reading stats and data to generate unique sports content for fans. Each starts with raw data and analysing raw data, and ends with translating insights into language and communicating them to users. Arria is expected to seek to raise about $US75 million primary capital for its initial public offering, with another $US25 million or so selldown by existing investors. The roadshow is slated to continue this week. Arria’s most recent funding round valued it at about $US500 million, investor sources said. Arria CEO Sharon Daniels is spearheading the pitch. She previously co-founded and was an executive director at Diligent Corporation, which listed on the NZX last decade before it was acquired by global VC firm Insight Partners. Diligent’s investors now include Blackstone Tactical Opportunities and Clearlake Capital Group. Should Arria progress its plans, Australian fund managers are expected to compare it to the likes of ASX-listed Appen, which has gone from market darling to fallen angel in the past 12 months, and Brainchip Holdings. |
Posted at 22/2/2023 00:28 by montynz Does anyone have access to the rest of the text from the AFR article - this is all i can get before the subscriber only kicks inAI software group Arria NLG fronts Aussie funds for float Kiwi-born artificial intelligence software company Arria NLG has kicked off a pitch to Australian investors, as it analyses a $US100 million-odd ($140 million) raising to list on the ASX. It is understood Arria NLG (which stands for natural language generation) has hired stockbroker Morgans to tee up the investor meetings and arrange the proposed initial public offering, with a listing pencilled in for coming months. |
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