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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Arria Nlg Ords | NLG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 9.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 9.50 | 9.50 |
| Top Posts |
|---|
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 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 26/5/2023 08:18 by drew lonmenob come on kiddiewe see you posting on the TERN board come back here why arent you commenting here about your fabulous NLG ? |
Posted at 18/3/2023 10:24 by windhill Microsoft launches Copilot for Excel. Another Arria use case gone. Will be interesting to see if Arrias accounting clients just use this NLG service that ships for free with Excel now... https://news.microso |
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. |
Posted at 21/2/2023 22:14 by windhill Arria announces listing !!!! https://www.afr.com/ |
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