debt
confidence high
sentiment neutral
materiality 0.55
FiscalNote converts $798K of convertible note into 1M shares; January note discharged
FiscalNote Holdings, Inc.
- Converted $798,485 of December Note principal into 1,000,000 shares of Class A common stock (NOTE).
- The January 2024 note ($801,010 principal) fully discharged and cancelled.
- Investor EGT-East entered a trading plan for the conversion shares; early termination forfeits certain rights.
- Company instructed broker to report sale details to the company.