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Nuix beefs up board after allegations – The Australian Financial Review

The investigative analytics company has established an independent board sub-committee and announced it would make additional board appointments.

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The companys shares firmed 6¢ to $3.59 after the announcement, having plunged from their January peak of $11.86 and lost $2.6 billion in market value after failing to meet prospectus forecasts.
The software company said it intends to expand its board composition from the current five members by appointing additional independent non-executive directors. Nuix said it has appointed an international search firm to assist in the selection process.
The recent Nuix investor day showcased a truly great…

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