secwatch.observer — SEC 8-K summary
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Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-210160
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 9.01, 3.02, 3.01, 3.03, 8.01, 5.01, 5.02, 5.03, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

FiscalNote completes de-SPAC merger, begins trading on NYSE as NOTE and NOTE.WS
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- DSAC and FiscalNote merger closed July 29, 2022; New FiscalNote now public on NYSE under tickers NOTE and NOTE.WS.
- DSAC public shareholders redeemed 11,408,314 shares for ~$114.3M; backstop parties purchased shares at $10.00 each.
- New $150M term loan credit agreement entered with Runway Growth Finance Corp. and Orix Growth Capital LLC.
- Each previously outstanding DSAC warrant adjusted to 1.571 warrants; exercise price reduced from $11.50 to $7.32 per share.
- Sponsor and certain stockholders subject to 180-day lock-up; co-founders locked up for 12 months from closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000119312522210160/0001193125-22-210160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000119312522210160/d349681d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210160

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