Content Assessment: Nuix Pre-IPO Investigation Completed by Australia Regulator
Information - 90%
Insight - 85%
Relevance - 90%
Objectivity - 88%
Authority - 90%
A short percentage-based assessment of the qualitative benefit of the recent update on the pre-IPO investigation by ASIC on the global software provider, Nuix.
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ASIC Investigation Update
Global software company Nuix Limited (‘Nuix’ or ‘the Company’; ASX: NXL) has been notified by ASIC that it has completed the aspects of its investigation relating to Nuix’s financial statements for the periods ending 30 June 2018, 30 June 2019 and 30 June 2020 and in relation to Nuix’s IPO prospectus dated 18 November 2020 and has determined that it will not take any further action in relation to those matters.
The aspect of ASIC’s investigation relating to Nuix’s market disclosure in the period since listing is not yet complete.
Nuix continues to cooperate fully with these investigations.
Nuix Limited is a leading provider of investigative analytics and intelligence software, with the vision of “finding truth in a digital world”. Nuix helps customers to process, normalize, index, enrich and analyze data from a multitude of different sources, solving many of their complex data challenges. The Nuix platform supports a range of use cases, including criminal investigations, financial crime, litigation support, employee and insider investigations, legal eDiscovery, data protection and privacy, and data governance and regulatory compliance. Headquartered in Sydney, Australia, Nuix licenses its software to more than 1,000 customers across 79 countries in North America, Asia Pacific, and EMEA.
For further information, please visit investors.nuix.com
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