Recent Updates — NOTEW

FiscalNote Holdings reported Q2 2026 total revenues of $19.6 million and adjusted EBITDA of $2.3 million, slightly below guidance. The company recorded a $19.1 million non-cash goodwill impairment charge, resulting in a net loss of $27.8 million. Net revenue retention improved to 98% from 89% in Q1. Management revised full-year 2026 revenue guidance upward to $80–$83 million and adjusted EBITDA downward to $14–$16 million, while establishing a Q3 2026 forecast of approximately $3.5 million in adjusted EBITDA. The Board is reviewing strategic alternatives, including potential divestitures. FiscalNote operates in the policy and regulatory intelligence industry, providing AI-driven legislative tracking and analysis through its PolicyNote platform.

FiscalNote Holdings, Inc. filed an 8-K/A to disclose the definitive compensation arrangements for Key Compton, who was appointed President and Chief Executive Officer effective June 22, 2026. The employment agreement establishes an annual base salary of $425,000 and a target annual incentive bonus equal to 75% of the base salary. Mr. Compton received an initial grant of 1,450,000 performance-based restricted shares, with vesting tied to stock price milestones and service periods of one or two years. The agreement includes a $1 million transaction bonus upon a Change in Control, subject to offsets for equity proceeds. Termination provisions specify severance payments, accelerated equity vesting, and COBRA premium coverage depending on whether the termination occurs with or without cause and within or outside a Change in Control period. FiscalNote Holdings, Inc. operates in the government affairs and public policy intelligence industry, providing data-driven insights and advocacy solutions.