Nogin announced it has entered Chapter 11 bankruptcy proceedings in combination with a stalking horse bid and Debtor in Possession (DIP) financing provided by B. Riley Financial, Inc. This support provides for Nogin's sustained operations through the restructuring and its emergence from the Chapter 11 process. Nogin will be appointing Vlad Kasparov and Robin Chiu as Chief Restructuring Officer (?CRO?) and Deputy CRO, respectively.