{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-094753","form_type":"8-K","ticker":null,"cik":"0001841800","company_name":"Nogin, Inc.","filed_at":"2023-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.960652+00:00","generated_at":"2026-06-07T15:04:25.519084+00:00","sec_items":["1.03","2.03","1.01","2.04","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Nogin files Chapter 11 bankruptcy; restructuring likely to wipe out common stock and warrants","bullets":["Filed voluntary Chapter 11 petitions on Dec 5, 2023 in Delaware Bankruptcy Court.","Restructuring support agreement contemplates sale of company; common stock holders expected to receive no distribution.","Entered $24.7M DIP facility with BRF Finance Co. to repay bridge note and fund operations.","Convertible Noteholders to receive $15.5M payment and priority claim on litigation proceeds.","Chapter 11 filing triggers acceleration of $8.53M bridge note and 7% convertible notes due 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-094753","json":"https://secwatch.observer/filing/0001213900-23-094753.json","markdown":"https://secwatch.observer/filing/0001213900-23-094753.md","text":"https://secwatch.observer/filing/0001213900-23-094753.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841800/000121390023094753/0001213900-23-094753-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841800/000121390023094753/ea189862-8k_nogininc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:04:25.519084+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f012ddbd7caba37838e20057a82782cf290356b6","claim":"Nogin, Inc. faced acceleration on senior notes.","evidence_excerpt":"the filing of the Chapter 11 Cases constitutes an event of default that accelerated and, as applicable, increased certain obligations under the following debt instruments and agreements (collectively, the “Debt Instruments” and each individually, a “Debt Instrument”): (i) the Bridge Note; and (ii) the Indenture dated as of August 26, 2022 governing the Convertible Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841800/000121390023094753/0001213900-23-094753-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}