---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-041334"
form_type: "8-K"
ticker: null
cik: "0001841800"
company_name: "Nogin, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:00:23.514271+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Nogin exits Chapter 11; common stock canceled, noteholders get $15.5M cash

## Summary
- Plan effective May 3, 2024; existing common stock, options, and warrants canceled for no value.
- Senior secured noteholders receive $15.5M cash plus interests in Noteholder Direct Claims and Creditor Litigation Trusts.
- Purchaser (Nogin Holdings, LLC) acquires reorganized equity in Nogin Commerce in exchange for $37.7M secured claims.
- General unsecured creditors to receive interests in the Creditor Litigation Trust.
- Company states it will not file additional SEC reports going forward.

## SEC filing metadata
- accession: 0001213900-24-041334
- form_type: 8-K
- cik: 0001841800
- company_name: Nogin, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.02, 1.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841800/000121390024041334/0001213900-24-041334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841800/000121390024041334/ea0205655-8k_nogin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-041334
- JSON: https://secwatch.observer/filing/0001213900-24-041334.json
- Plain text: https://secwatch.observer/filing/0001213900-24-041334.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: on December 5, 2023, the Debtors 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 “Bankruptcy Court”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841800/000121390024041334/0001213900-24-041334-index.htm
- Material Agreements
  Nogin, Inc. entered into Equity Purchase Agreement with Nogin Holdings, LLC (effective 2024-04-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Nogin Holdings, LLC
  - Effective: 2024-04-26
  source text: On April 26, 2024, Nogin, Inc. (the “Company”) and Nogin Commerce, Inc. (“Nogin Commerce”), its operating subsidiary, entered into an Equity Purchase Agreement (the “Equity Purchase Agreement”) with Nogin Holdings, LLC, as the purchaser (the “Purchaser”), and B. Riley Financial, Inc. (solely with respect to its obligations as the Purchaser Parent as set forth in the Equity Purchase Agreement).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841800/000121390024041334/0001213900-24-041334-index.htm

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