US software co to list on NZX

The company was expected to raise about $20 million on the local market, giving it a market capitalisation of $100 million, The New Zealand Herald reported today. Diligent has a division in Christchurch where its main server is based and its software developed, while one of its founders %26#150; chief executive Brian Henry %26#150; is a New Zealander. The company’s product is a web-based service which provide board members with instant access to board papers from any computer, anywhere, anytime.

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