secwatch.observer — SEC 8-K summary
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Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0001193125-25-060312
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FiscalNote exchanges $5.77M of old notes for new convertible notes; issues 2.9M shares
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- Issued $5.5M initial and $269K subsequent convertible notes to EGT 11 LLC in exchange for old notes.
- Issued 2,475,000 fee shares (initial) and 121,050 fee shares (subsequent) to Exchange Investor as inducement.
- Issued 300,000 shares to Northland Securities, Inc. as brokerage compensation for the exchange.
- Notes convertible into common stock based on 30-day VWAP; registration rights require filing by April 20, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000119312525060312/0001193125-25-060312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000119312525060312/d908602d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-060312

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