---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-029909"
form_type: "8-K"
ticker: null
cik: "0001841800"
company_name: "Nogin, Inc."
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:57:07.627192+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bankruptcy court confirms Nogin's Chapter 11 plan; existing equity cancelled for no value

## Summary
- Court entered confirmation order on March 28, 2024 for First Amended Joint Chapter 11 Plan.
- Existing common stock, options, and warrants will be cancelled for no value.
- Senior notes receive $15.5M recovery plus rights to pursue causes of action.
- All equity in reorganized company will be held by a new stockholder (B. Riley affiliate).
- Company had assets ~$48.8M and liabilities ~$157.9M as of March 31, 2024.

## SEC filing metadata
- accession: 0001213900-24-029909
- form_type: 8-K
- cik: 0001841800
- company_name: Nogin, Inc.
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841800/000121390024029909/0001213900-24-029909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841800/000121390024029909/ea020302901-8k_nogin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-029909
- JSON: https://secwatch.observer/filing/0001213900-24-029909.json
- Plain text: https://secwatch.observer/filing/0001213900-24-029909.txt

## Key facts
- Distress & Bankruptcy
  Nogin, Inc. entered chapter 11 in U.S. Bankruptcy Court for the District of Delaware (petition 2023-12-05).
  - Proceeding: chapter 11
  - Court: U.S. Bankruptcy Court for the District of Delaware
  - Petition: 2023-12-05
  source text: As previously disclosed, on December 5, 2023, Nogin, Inc. (the “Company”) and certain of its subsidiaries filed voluntary petitions for relief (the “Chapter 11 Cases”) under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the “Court”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841800/000121390024029909/0001213900-24-029909-index.htm

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