Software Acquisition Group Inc. III
SWAGU
NASDAQ Capital Market9.50
USD
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Software Acquisition Group Inc. III
SWAGU
(NASDAQ Capital Market)
Recent
price
9.50
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Software Acquisition Group Inc. III is a special purpose acquisition company (SPAC) headquartered in Las Vegas, Nevada, established in 2021. The company focuses on identifying and executing mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations primarily targeting software companies. Its notable recent transformation includes the completion of a business combination with Nogin, a leading provider of Commerce-as-a-Service (CaaS) technology, in August 2022. Following the merger, Software Acquisition Group Inc. III rebranded as Nogin, Inc. Nogin offers a cloud-based ecommerce platform designed for brand leaders that sell direct-to-consumer (D2C) and through online channel partners. Its suite of core products and services includes a comprehensive Commerce-as-a-Service platform that helps optimize the ecommerce lifecycle, providing solutions for growth with predictable costs and enhanced online customer experiences. The platform supports brands with varying degrees of infrastructure management, allowing them to focus on brand development while Nogin handles ecommerce operations. Key client brands include bebe, Brookstone, Hurley, and Kenneth Cole. The company's latest major developments encompass the merger with Software Acquisition Group Inc. III, which included approximately $124 million in gross cash from SWAG's trust account combined with concurrent private placement financing. The merger effectively took Nogin public on Nasdaq under the ticker symbols "NOGN" and "NOGNW." This move enables Nogin to broaden its mission of delivering intelligent commerce solutions to large-scale brand markets with accelerating growth prospects. Software Acquisition Group Inc. III operated as a blank-check company led by CEO Jonathan Huberman and a board consisting of notable directors including Andrew Nikou and Peter Diamandis. Post-merger, the company centers on providing innovative ecommerce technology solutions across the United States, with an emphasis on D2C ecommerce growth and channel partner sales. In summary, Software Acquisition Group Inc. III functions as a SPAC that successfully transitioned through its merger with Nogin, now operating as Nogin, Inc., a provider of an advanced Commerce-as-a-Service platform aimed at enhancing direct and partner-driven ecommerce for major consumer brands. The company leverages strategic financing and public market access to expand its technology offerings and market reach.
Software Acquisition Group Inc. III Announces the Separate Trading of its Class A Common Stock and Warrants Commenced September 20, 2021
Software Acquisition Group Inc. III Announces Closing of $200,000,000 Initial Public Offering