Nogin 1-for-20 reverse stock split to be effective at 5:00 p.m. eastern daylight time today

Tustin, calif., march 28, 2023 (globe newswire) -- nogin (nasdaq: nogn) (“nogin” or the “company”), a leading provider of innovative commerce-as-a-service (caas) technology and services, today announced that it has filed a certificate of amendment to its second amended and restated certificate of incorporation with the secretary of state of the state of delaware to effect a 1-for-20 reverse stock split of the company's common stock. the reverse stock split will become effective at 5:00 p.m. eastern daylight time on march 28, 2023 (the “effective date”). the company's common stock will begin trading on a split-adjusted basis when the markets open on wednesday, march 29, 2023, under the existing trading symbol “nogn” and new cusip number: 65528n 204. the reverse stock split is intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on the nasdaq global market (“nasdaq global”).
NOGN Ratings Summary
NOGN Quant Ranking