Arria Nlg Ords Share Discussion Threads

[psychochopper] 27/2/2023 18:24

Very informative, Kid. But I guess you’ve used about every other combination of words and/or symbols imaginable up to this point, without managing to convey anything of worth.

[windhill] 22/2/2023 08:38

Wonder what happened to that $25M sell down to current investors? Amusing reading this again a year later. Has the $50M bond closed yet? When's the town hall? Has Daniels been fired for missing targets? Is Kid still on the Meths?

[willowgrouse] 22/2/2023 01:25

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.

[montynz] 22/2/2023 00:28

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 in

AI 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.

[windhill] 21/2/2023 22:14

Arria announces listing !!!! https://www.afr.com/street-talk/ai-software-group-arria-nlg-fronts-aussie-funds-for-float-20220213-p59w12:No wait that was a year ago. Time flies. They have not filed with the NYSE yet. Tickety tockety...

[windhill] 20/2/2023 03:40

I know that users didn't have to write LEX rules to deliver financial statements direct from python... seems a lot easier than Arria. But I'm sure you will shrill some catechism from the cult in response. If you are serious Kiddo have a crack at this paper: https://github.com/ghopper3/ChatGPT-Project/blob/main/ChatGPT%20for%20FPA.pdf

[drew lonmenob] 18/2/2023 13:21

lol



yawn

[aja5] 16/2/2023 07:43

The payroll issue was around before they delisted! What some FIVE years ago……
But everything is on track,they were suppose to relist within just SIX months…

All that so called world beating technology and they can’t even pay the wages on time😂㈳4;😂😂

[willowgrouse] 13/2/2023 19:27

@montynz You must be in the market for some more shares then?

[windhill] 13/2/2023 04:15

So Arria payroll, including contributions to pension schemes is fully up to date? Given Kid and Monty seem to speak to Arria management they might know. Another 'Town Hall'? How exciting.... $50 M bond closed yet?

[montynz] 12/2/2023 20:10

I have been advised that the plans for the townhall meeting continue and a few remaining pieces to the jigsaw are being put in place. i understand there is some exciting developments, and progress and the future is looking very good - i suggest all the nay-sayers wait until the townhall - Personally i feel that 2023 is going to be a very very good year.

[willowgrouse] 12/2/2023 19:10

As a shareholder, we're all in the dark about what's going on with the company's current situation and plans so some timely updates would be appreciated.

[kidknocked] 12/2/2023 12:02

https://www.ft.com/content/e341458e-ec12-43bb-835c-26392678ded0

[ashleyjv] 12/2/2023 10:57

Another Tina Doyle Scammer

[windhill] 12/2/2023 07:42

Hahaha... what a reputable journal 'The Next Web' is. You are falling for cheap PR Kiddo. I would like Arria to succeed- it would be nice if the retail investors got somthing back. But this management team and board are thicker than a can of Campbell's. Bond closed yet?