---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-008779"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T23:09:35.230844+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FiscalNote adds $6M term loan for Dragonfly Eye acquisition; issues warrant for 80K shares

## Summary
- Amendment to credit agreement provides $6.0M incremental term loan to retroactively fund the Dragonfly Eye Limited acquisition.
- Lender receives warrant to purchase 80,000 shares of Class A common stock at $0.01 per share, expiring July 15, 2027.
- Warrant issued under Regulation D exemption from Securities Act registration.
- Loan and warrant terms are governed by Amendment No. 1 to the Second Amended and Restated Credit and Guaranty Agreement.

## SEC filing metadata
- accession: 0000950170-23-008779
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000095017023008779/0000950170-23-008779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000095017023008779/note-20230317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-008779
- JSON: https://secwatch.observer/filing/0000950170-23-008779.json
- Plain text: https://secwatch.observer/filing/0000950170-23-008779.txt

## Key facts
- Debt Financings
  FiscalNote Holdings, Inc. incurred term loan of $6.0 million with one of the lenders.
  - Instrument: term loan
  - Principal: $6.0 million
  - Counterparty: one of the lenders
  - Event: incurrence
  source text: Amendment No. 1 provides for the extension of an incremental term loan by one of the lenders to the Borrowers in the principal amount of $6.0 million, to be made on or around March 31, 2023, on the same terms as the existing term loans (the “Incremental Facility”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000095017023008779/0000950170-23-008779-index.htm
- Material Agreements
  FiscalNote Holdings, Inc. amended Second Amended and Restated Credit and Guaranty Agreement with Runway Growth Finance Corp. valued at $6,000,000 incremental term loan, warrant to purchase Class A Common Stock (effective 2023-03-17).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Runway Growth Finance Corp.
  - Value: $6,000,000 incremental term loan, warrant to purchase Class A Common Stock
  - Effective: 2023-03-17
  source text: On March 17, 2023, FiscalNote, Inc., a wholly owned subsidiary of FiscalNote Holdings, Inc. (the “Company”), entered into Amendment No. 1 ( “Amendment No. 1”) to its Second Amended and Restated Credit and Guaranty Agreement dated July 29, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000095017023008779/0000950170-23-008779-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.