Nuvini adds Marco Leone to board as it regains Nasdaq compliance

Nuvini Group Limited appointed Marco Aurélio Leone Fernandes to its board as an independent director, effective July 27, 2026, and said the move restored compliance with Nasdaq audit committee rules. The addition brings more than 25 years of software industry experience in Latin America as Nuvini pushes to strengthen governance and operating oversight.

Why it matters: - Marco Leone’s return gives Nuvini a board member with deep experience in Latin American enterprise software and M&A integration. - The appointment also restored Nuvini’s compliance with Nasdaq Listing Rule 5605, reducing a governance risk for the Nasdaq-listed company.

What happened: - Nuvini Group Limited appointed Marco Aurélio Leone Fernandes to its Board of Directors as an independent director, effective July 27, 2026. - Leone previously served on Nuvini’s board and currently serves as a board advisor. - Nuvini said Leone’s prior service gives him substantial knowledge of the company, its subsidiaries and its business. - On July 28, 2026, Nuvini received a Nasdaq Listing Qualification notice saying the company was not in compliance with Nasdaq Listing Rule 5605 because its audit committee needed at least three independent directors. - The company said it regained compliance after electing Leone as an independent director.

The details: - Leone has more than 25 years of information technology experience in Brazil and Latin America. - He led the launch of Micro Focus International PLC in the region and served as vice president and general manager from May 2009 to October 2023. - His Micro Focus role ended when OpenText acquired the business. - Leone oversaw integrations involving Borland, the Attachmate Group and HP Software. - He served as vice president and general manager in Brazil at CA Technologies from 1997 to 2007. - Leone holds a B.A. and an M.B.A. from Fundação Getulio Vargas. - His certifications include FGV, Wharton, London Business School, INSEAD and I.B.G.C. - Leone is also an angel investor and serves on advisory boards at various organizations. - Pierre Schurmann, Nuvini’s founder, chairman and chief executive officer, said Leone brings judgment on integration and operating discipline at a critical point in the company’s strategy. - Leone said he is glad to rejoin the board and contribute to the company’s next stage of growth and governance. - Nuvini describes itself as an acquirer and operator of profitable B2B software companies across Latin America and emerging markets. - The company says it acquires and scales established, cash-generating software businesses and provides capital, operational support and access to public markets. - Nuvini said more information is available at the company’s website.

Between the lines: - The board move does more than add expertise; it helps Nuvini address a formal governance issue tied to audit committee independence. - Leone’s background suggests Nuvini wants board-level experience in software rollups, local integrations and regional operations as it scales. - The Nasdaq notice referenced a cure period until November 18, 2025, which appears inconsistent with the July 2026 timing of the notice. - Nuvini also included standard forward-looking statement language noting risks and uncertainties and pointing readers to SEC filings. - The company’s LinkedIn page is available here.

What's next: - Nuvini will rely on Leone’s board participation to support governance and operating oversight. - The company’s continued compliance with Nasdaq rules will depend on maintaining the required independent director structure. - Nuvini’s broader strategy remains focused on acquiring and scaling cash-generating software businesses across Latin America and emerging markets.