As of the bankruptcy filing, Kognitiv employs 18 full-time staff in the U.S. and four independent contractors internationally.
Legal Representation and Next Steps
The debtor is being represented by Patrick A. Jackson of Faegre Drinker Biddle & Reath LLP.
A company representative did not immediately respond to requests for comment on Thursday.
As the bankruptcy proceedings unfold, the fate of Kognitiv’s assets, employees, and client relationships hangs in the balance. With Capillary Technologies poised to acquire the business, industry watchers will be keeping a close eye on how this restructuring impacts the loyalty platform sector.
