Nogin Gets Confirmation for Chapter 11 Plan

April 3, 2024, 12:09 PM UTC

Nogin says the US Bankruptcy Court for the District of Delaware has confirmed its Chapter 11 Plan.

  • Nogin’s reorganized equity interests will be acquired by a newly formed entity sponsored by B. Riley Financial
  • Transaction to close in mid-April and is also supported by an ad hoc group representing more than 90% of Nogin’s senior notes

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To contact the reporter on this story:
Georgi Azar in New York at gazar4@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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