07:19 AM EDT, 04/15/2024 (MT Newswires) -- AnalytixInsight ( ATIXF ) , near 52 week lows, over the weekend said recent company press releases were not authorized by its Board of Directors.

Effective April 11, the Board has taken the following interim actions:

The board has ratified and confirmed the appointment of Chaith Kondragunta as Chair. Also, company secretary Aaron Atin, is no longer employed by the company, effective from the date of Friday's statement; interim President and CEO, Natalie Hirsch, were placed on paid administrative leave, as the Board leads an investigation into recent management issues.

Special independent counsel to the Board has been appointed to assist in addressing current governance issues and regularizing the affairs of the company in the interests of all stakeholders.

Two Board Committees have been mandated to investigate the management and governance issues alleged or identified through recent activities at the company.