---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-067154"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:14:14.073401+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# FiscalNote extends $10.94M Legacy Notes maturity to April 2026; adds conversion rights

## Summary
- Legacy Notes aggregate $10.94M principal + PIK interest at 15% annually.
- Maturity extended from July 31, 2025 to April 15, 2026.
- Company may convert up to 20% of outstanding principal into Class A common stock at VWAP-based price.
- Interest rate rises to 25% if net cash proceeds from share sales fail to cover Repayment Amount by original maturity.
- If conversion proceeds insufficient, outstanding amount may double; extended repayment due by April 15, 2026.

## SEC filing metadata
- accession: 0001193125-25-067154
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000119312525067154/0001193125-25-067154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000119312525067154/d920755d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-067154
- JSON: https://secwatch.observer/filing/0001193125-25-067154.json
- Plain text: https://secwatch.observer/filing/0001193125-25-067154.txt

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