{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-173568","form_type":"8-K","ticker":"NOTE","cik":"0001823466","company_name":"FiscalNote Holdings, Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.152124+00:00","generated_at":"2026-05-17T20:57:43.144232+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FiscalNote amends convertible notes, extends maturity to Aug 15, adds $93k principal","bullets":["Extended maturity of subordinated convertible notes to August 15, 2025; principal increased by $27,272 (Nautilus I), $54,665 (Nautilus II), $11,474 (Wealth Plus).","Company's right to issue Additional Shares eliminated; must pay cash if conversion share sales fall short of Amended Repayment Amount (principal + PIK interest + fees).","If not repaid by Aug 15, maturity extends to April 15, 2026, with 200% penalty on shortfall; change-of-control protection period may extend to 30 months.","Company is negotiating a refinancing transaction to repay the notes; investor legal expense reimbursement capped at $85,000 total.","Amendments exempt from registration under Section 3(a)(9) of Securities Act; no additional Conversion Shares until Form 8-K filed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-173568","json":"https://secwatch.observer/filing/0001193125-25-173568.json","markdown":"https://secwatch.observer/filing/0001193125-25-173568.md","text":"https://secwatch.observer/filing/0001193125-25-173568.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823466/000119312525173568/0001193125-25-173568-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823466/000119312525173568/d81011d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:57:43.144232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5b6411a95d89cf4c3d368cccc7cecbd164c6d895","claim":"FiscalNote Holdings, Inc. amended convertible notes of $27,272, $54,665 and $11,474 with Nautilus Venture Partners Fund I, L.P., Nautilus Venture Partners Fund II, L.P., Wealth Plus Investments Ltd. maturing August 15, 2025.","evidence_excerpt":"for entering into the Amendments, as of the Amendment Date, the Company increased the principal amount of the Amended Notes held by Nautilus I, Nautilus II and Wealth Plus by $27,272, $54,665 and $11,474, respectively (the “ Extension Payments ”). The Amendments eliminated the Company’s right to issue Additional Shares (as defined in the Letter Agreements) and","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823466/000119312525173568/0001193125-25-173568-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$27,272, $54,665 and $11,474"},{"label":"Counterparty","value":"Nautilus Venture Partners Fund I, L.P., Nautilus Venture Partners Fund II, L.P., Wealth Plus Investments Ltd."},{"label":"Maturity","value":"August 15, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}