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NUIX LIMITED — Capital/Financing Update 2024
Dec 2, 2024
65464_rns_2024-12-02_7dc27071-05d4-4ae8-a4e3-1dcd6c17db33.pdf
Capital/Financing Update
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MARKET RELEASE
02 December 2024
Nuix signs $10.8m contract extension with ASIC
Sydney, Australia – Nuix (‘the Company’, ASX: NXL) advises that it has agreed a three (3) year contract extension with existing customer, the Australian Securities and Investments Commission (ASIC) with a total net contract value of $10.8m.
Revenue for the Early Case Assessment and Evidence Management software contract, excluding the support and maintenance component, will be recognised in the second half of FY25 when the previous commercial arrangements end. There are no material conditions that need to be satisfied before the contract becomes legally binding.
Government and regulatory organisations are an important customer cohort for Nuix and accordingly the Company welcomes this contract extension with ASIC.
This announcement is authorised by the Board of Nuix.
Investor Contact Media Contact Brett Dimon Max Hewett Head of Investor Relations and Sustainability Patterson Advisory +61 (0)410 671 357 +61 (0)432 332 215 [email protected] [email protected]
About Nuix
Nuix is a leading provider of investigative analytics and intelligence software, that empowers customers to be a force for good by finding truth in the digital world. We help customers collect, process and review large amounts of structured and unstructured data, making it searchable and actionable at scale and speed, with forensic accuracy.
For further information, please visit https://www.nuix.com/investors
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