Nogin announces closing of $22 million public offering

Tustin, calif., april 06, 2023 (globe newswire) -- nogin , inc. (nasdaq: nogn, nognw) (“nogin” or the “company”), a leading provider of innovative commerce-as-a-service (caas) technology and services, today announces the closing of its “reasonable best efforts” public offering of 7,333,334 shares of common stock and 7,333,334 common warrants to purchase 7,333,334 shares of common stock at a combined price of $3.00 per share and common warrant for aggregate gross proceeds of approximately $22 million, before deducting placement agent fees and other offering expenses.
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