Recent Updates — NOTE

On August 27, 2026, FiscalNote Holdings completed the sale of its FrontierView business to Oxford Economics for a total value of approximately $9.4 million, consisting of $6.4 million in cash at closing and up to $3.0 million in potential earnouts based on annual recurring revenue targets. The company used proceeds to prepay $4.95 million of term loans and associated interest under its Financing Agreement with MGG Investment Group LP. FiscalNote updated its full-year 2026 guidance, now expecting revenue of $74–$76 million and adjusted EBITDA of $8–$10 million, reflecting the removal of FrontierView from results. The company operates in the AI-driven policy and regulatory intelligence industry.

On July 22, 2026, FiscalNote Holdings, Inc. entered into letter agreements amending existing forbearance agreements with subordinated creditors GPO FN Noteholder, LLC and YA II PN, Ltd. The creditors agreed to waive defaults regarding subordinated convertible debt instruments triggered by the delisting of the Company's Class A common stock from the New York Stock Exchange. This forbearance period is extended until August 22, 2026. FiscalNote Holdings, Inc. provides AI-driven policy intelligence and data analytics.

FiscalNote Holdings, Inc. entered into a letter agreement with GPO FN Noteholder, LLC to waive a $2.0 million principal amortization installment due on July 1, 2026, regarding its 7.50% Senior Subordinated Convertible Promissory Note. The company is also actively engaged in discussions with lenders to explore strategic alternatives, including maturity extensions and liability management transactions. FiscalNote Holdings, Inc. operates in the technology and data analytics industry providing business intelligence and regulatory information services.