---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-082154"
form_type: "8-K"
ticker: null
cik: "0001841800"
company_name: "Nogin, Inc."
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:33:32.186440+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nogin implements 1-for-20 reverse stock split to comply with Nasdaq minimum bid price

## Summary
- Reverse stock split effective 5:00 p.m. EDT on March 28, 2023; every 20 shares become 1 share.
- Common stock begins trading on split-adjusted basis March 29 under symbol NOGN, new CUSIP 65528N204.
- No fractional shares issued; cash paid in lieu based on closing price on effective date.
- Warrants adjusted: public/private placement exercise price becomes $230.00; PIPE warrants become $0.20.
- Split intended to meet Nasdaq Global minimum bid price listing requirement.

## SEC filing metadata
- accession: 0001193125-23-082154
- form_type: 8-K
- cik: 0001841800
- company_name: Nogin, Inc.
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841800/000119312523082154/0001193125-23-082154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841800/000119312523082154/d493290d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-082154
- JSON: https://secwatch.observer/filing/0001193125-23-082154.json
- Plain text: https://secwatch.observer/filing/0001193125-23-082154.txt

## Key facts
- Governance Changes
  Nogin, Inc.: Filed a Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock (effective 2023-03-28).
  - Change: charter amendment
  - Effective: 2023-03-28
  source text: On March 28, 2023, Nogin, Inc. (the “Company” or “Nogin”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation (the “Charter Amendment”) to effect a 1-for-20 reverse stock split of the Company’s common stock (the “Reverse Stock Split”), effective as of 5:00 p.m. Eastern Daylight Time on March 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841800/000119312523082154/0001193125-23-082154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.