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What Happened to Nogin?
Return
0.0%
Current Price
$0
Peak Price
â
Trust Size
$47M
Summary
Nogin was an e-commerce services platform that provided technology and fulfillment solutions for brands including Kenneth Cole, bebe, and Scotch & Soda. The company went public via SPAC merger with Software Acquisition Group Inc III in 2022. Nogin filed for Chapter 11 bankruptcy in December 2023.
What Happened
Software Acquisition Group Inc III merged with Nogin in August 2022. The e-commerce platform struggled with declining revenue from its brand clients and mounting losses. Nogin filed for Chapter 11 in December 2023, planning to sell the business to a subsidiary of B. Riley Financial. The restructuring plan was confirmed in April 2024.
Timeline
2021-05-20
S-1 Registration Filed
2024-11-14
Last SEC Filing