BRIEF-Nogin Initiates Strategic Financial Restructuring Operations

Reuters2023-12-07

Dec 6 (Reuters) - Nogin Inc :

* NOGIN INITIATES STRATEGIC FINANCIAL RESTRUCTURING; OPERATIONS TO CONTINUE UNINTERRUPTED

* NOGIN INC - DURING THIS RESTRUCTURING PHASE, NOGIN'S OPERATIONS WILL CONTINUE AS USUAL, WITHOUT ANY INTERRUPTION IN SERVICE

* NOGIN INC - COMPANY LOOKS FORWARD TO A STRONG FUTURE AND A RETURN TO PROFITABILITY IN NEXT FISCAL YEAR

* NOGIN: ENTERED CHAPTER 11 BANKRUPTCY PROCEEDINGS IN COMBINATION WITH STALKING HORSE BID, DEBTOR IN POSSESSION FINANCING PROVIDED BY B. RILEY FINANCIAL

* NOGIN INC - NOGIN HAS PARTNERED WITH PORTAGE POINT PARTNERS TO ASSIST COMPANY DURING RESTRUCTURING PHASE

* NOGIN INC - YEAR-TO-DATE, COMPANY HAS SECURED OVER $27 MILLION IN BOOKINGS, WITH MORE THAN A DOZEN NEW ACCOUNTS ADDED TO ITS PORTFOLIO

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2389643630?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-07 06:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2389643630","market":"us","top_or_hot":-1,"title":"BRIEF-Nogin Initiates Strategic Financial Restructuring Operations","media":"Reuters","content":"<html><body><p>Dec 6 (Reuters) - Nogin Inc   :</p><p>   * NOGIN INITIATES STRATEGIC FINANCIAL RESTRUCTURING; OPERATIONS TO CONTINUE UNINTERRUPTED</p><p>   * NOGIN INC - DURING THIS RESTRUCTURING PHASE, NOGIN'S OPERATIONS WILL CONTINUE AS USUAL, WITHOUT ANY INTERRUPTION IN SERVICE</p><p>   * NOGIN INC - COMPANY LOOKS FORWARD TO A STRONG <a href=\"https://laohu8.com/S/FUTR.UK\">FUTURE</a> AND A RETURN TO PROFITABILITY IN NEXT FISCAL YEAR</p><p>   * NOGIN: ENTERED CHAPTER 11 BANKRUPTCY PROCEEDINGS IN COMBINATION WITH STALKING HORSE BID, DEBTOR IN POSSESSION FINANCING PROVIDED BY B. RILEY FINANCIAL</p><p>   * NOGIN INC - NOGIN HAS PARTNERED WITH PORTAGE POINT PARTNERS TO ASSIST COMPANY DURING RESTRUCTURING PHASE</p><p>   * NOGIN INC - YEAR-TO-DATE, COMPANY HAS SECURED OVER $27 MILLION IN BOOKINGS, WITH MORE THAN A DOZEN NEW ACCOUNTS ADDED TO ITS PORTFOLIO</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Nogin Initiates Strategic Financial Restructuring Operations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Nogin Initiates Strategic Financial Restructuring Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-07 06:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dec 6 (Reuters) - Nogin Inc   :   * NOGIN INITIATES STRATEGIC FINANCIAL RESTRUCTURING; OPERATIONS TO CONTINUE UNINTERRUPTED   * NOGIN INC - DURING THIS RESTRUCTURING PHASE, NOGIN'S OPERATIONS WILL ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2389643630","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2389643630","pubTimestamp":1701900437,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Dec 6  - Nogin Inc   :   * NOGIN INITIATES STRATEGIC FINANCIAL RESTRUCTURING; OPERATIONS TO CONTINUE UNINTERRUPTED   * NOGIN INC - DURING THIS RESTRUCTURING PHASE, NOGIN'S OPERATIONS WILL CONTINUE AS USUAL, WITHOUT ANY INTERRUPTION IN SERVICE   * NOGIN INC - COMPANY LOOKS FORWARD TO A STRONG FUTURE AND A RETURN TO PROFITABILITY IN NEXT FISCAL YEAR   * NOGIN: ENTERED CHAPTER 11 BANKRUPTCY PROCEEDINGS IN COMBINATION WITH STALKING HORSE BID, DEBTOR IN POSSESSION FINANCING PROVIDED BY B. RILEY FINANCIAL   * NOGIN INC - NOGIN HAS PARTNERED WITH PORTAGE POINT PARTNERS TO ASSIST COMPANY DURING RESTRUCTURING PHASE   * NOGIN INC - YEAR-TO-DATE, COMPANY HAS SECURED OVER $27 MILLION IN BOOKINGS, WITH MORE THAN A DOZEN NEW ACCOUNTS ADDED TO ITS PORTFOLIOSource text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4122":"互联网与直销零售","BK4220":"综合零售"},"translate_title":"简介—诺金启动战略性财务重组业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NOGN":0.9},"content_text":"Dec 6 (Reuters) - Nogin Inc   :   * NOGIN INITIATES STRATEGIC FINANCIAL RESTRUCTURING; OPERATIONS TO CONTINUE UNINTERRUPTED   * NOGIN INC - DURING THIS RESTRUCTURING PHASE, NOGIN'S OPERATIONS WILL CONTINUE AS USUAL, WITHOUT ANY INTERRUPTION IN SERVICE   * NOGIN INC - COMPANY LOOKS FORWARD TO A STRONG FUTURE AND A RETURN TO PROFITABILITY IN NEXT FISCAL YEAR   * NOGIN: ENTERED CHAPTER 11 BANKRUPTCY PROCEEDINGS IN COMBINATION WITH STALKING HORSE BID, DEBTOR IN POSSESSION FINANCING PROVIDED BY B. RILEY FINANCIAL   * NOGIN INC - NOGIN HAS PARTNERED WITH PORTAGE POINT PARTNERS TO ASSIST COMPANY DURING RESTRUCTURING PHASE   * NOGIN INC - YEAR-TO-DATE, COMPANY HAS SECURED OVER $27 MILLION IN BOOKINGS, WITH MORE THAN A DOZEN NEW ACCOUNTS ADDED TO ITS PORTFOLIOSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2389643630"}