Software Acquisition Group Inc. III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company is led by Chairman and Chief Executive Officer, Jonathan Huberman, and Vice President of Acquisitions, Mike Nikzad. In addition to Messrs. Huberman and Nikzad, the Board of Directors includes Andrew Nikou, Stephanie Davis, Peter Diamandis, Steven Guggenheimer and Matt Olton.
Company profile
Ticker
NOGN, NOGNW, NOGN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Software Acquisition Group Inc. III
SEC CIK
Corporate docs
Subsidiaries
Nogin Commerce, Inc. • Native Brands Group LLC • Modcloth Partners LLC ...
NOGN stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
22 May 24
EFFECT
Notice of effectiveness
22 May 24
POS AM
Prospectus update (post-effective amendment)
21 May 24
EFFECT
Notice of effectiveness
15 May 24
POS AM
Prospectus update (post-effective amendment)
10 May 24
POS AM
Prospectus update (post-effective amendment)
10 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 May 24
8-K
Entry into a Material Definitive Agreement
9 May 24
8-K
Bankruptcy or Receivership
3 Apr 24
Latest ownership filings
SC 13G
CVI Investments, Inc.
14 Feb 24
SC 13G/A
TENOR CAPITAL MANAGEMENT Co., L.P.
14 Feb 24
SC 13G
TENOR CAPITAL MANAGEMENT Co., L.P.
9 Nov 23
3
ARTHUR STARK
28 Jun 23
SC 13D
HUBERMAN JONATHAN
17 Apr 23
SC 13D/A
Choi Stephen
11 Apr 23
SC 13D/A
Van Haeren Geoffrey
11 Apr 23
4
Shahriyar Rahmati
10 Apr 23
4
Wilhelmina Fader
10 Apr 23
4
Hussain Baig
10 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.89 mm | 1.89 mm | 1.89 mm | 1.89 mm | 1.89 mm | 1.89 mm |
Cash burn (monthly) | 419.33 k | (no burn) | 5.78 mm | 4.46 mm | 1.85 mm | 3.09 mm |
Cash used (since last report) | 3.63 mm | n/a | 49.96 mm | 38.62 mm | 15.98 mm | 26.71 mm |
Cash remaining | -1.74 mm | n/a | -48.07 mm | -36.73 mm | -14.10 mm | -24.83 mm |
Runway (months of cash) | -4.2 | n/a | -8.3 | -8.2 | -7.6 | -8.0 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 35 |
Opened positions | 24 |
Closed positions | 5 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 155.74 mm |
Total shares | 20.74 mm |
Total puts | 890.30 k |
Total calls | 453.26 k |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
Software Acquisition Holdings III | 15.68 mm | $0.00 |
Jonathan Huberman | 784.24 k | $1.45 mm |
Q Global Advisors | 443.13 k | $5.00 k |
Radcliffe Capital Management | 410.79 k | $6.41 mm |
Taconic Capital Advisors | 396.68 k | $5.24 mm |
Nantahala Capital Management | 330.00 k | $111.82 mm |
LMR Partners | 291.90 k | $2.92 mm |
Davidson Kempner Capital Management | 250.00 k | $3.18 mm |
Calamos Advisors | 200.00 k | $3.13 mm |
Castle Creek Arbitrage | 200.00 k | $3.12 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Apr 23 | Hussain Baig | Common Stock | Buy | Acquire P | No | No | 3 | 83,333 | 250.00 k | 83,333 |
6 Apr 23 | Hussain Baig | Common Warrant Common Stock | Buy | Acquire P | No | No | 3 | 83,333 | 250.00 k | 83,333 |
6 Apr 23 | Wilhelmina Fader | Common Stock | Buy | Acquire P | No | No | 3 | 8,333 | 25.00 k | 8,333 |
6 Apr 23 | Wilhelmina Fader | Common Warrant Common Stock | Buy | Acquire P | No | No | 3 | 8,333 | 25.00 k | 8,333 |
6 Apr 23 | Stephen Choi | Common Stock | Buy | Acquire P | No | No | 3 | 333,333 | 1,000.00 k | 1,103,257 |
6 Apr 23 | Stephen Choi | Common Warrant Common Stock | Buy | Acquire P | No | No | 3 | 333,333 | 1,000.00 k | 333,333 |
6 Apr 23 | Shahriyar Rahmati | Common Stock | Buy | Acquire P | No | No | 3 | 200,000 | 600.00 k | 200,000 |
6 Apr 23 | Shahriyar Rahmati | Common Warrant Common Stock | Buy | Acquire P | No | No | 3 | 200,000 | 600.00 k | 200,000 |