---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-201368"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2025-09-11T23:59:59+00:00"
generated_at: "2026-05-17T06:53:59.398604+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FiscalNote issues $12.3M second tranche convertible debenture to YA II PN, Ltd.

## Summary
- Second tranche of previously announced $33M convertible debenture; $12.3M issued on Sept 11, 2025.
- Maturity date is March 11, 2027; floor price adjusted to $0.8884 per share.
- Proceeds partially used to retire March 2025 subordinated convertible notes with EGT 11, LLC.
- Terms substantially identical to first tranche as disclosed in August 5, 2025 Form 8-K.

## SEC filing metadata
- accession: 0001193125-25-201368
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2025-09-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000119312525201368/0001193125-25-201368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000119312525201368/d32242d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-201368
- JSON: https://secwatch.observer/filing/0001193125-25-201368.json
- Plain text: https://secwatch.observer/filing/0001193125-25-201368.txt

## Key facts
- Debt Financings
  FiscalNote Holdings, Inc. incurred convertible notes of $12.3 million with YA II PN, Ltd. maturing March 11, 2027.
  - Instrument: convertible notes
  - Principal: $12.3 million
  - Counterparty: YA II PN, Ltd.
  - Maturity: March 11, 2027
  - Event: incurrence
  source text: The second tranche of the Debentures was issued, in the amount of $12.3 million (the “ Second Debenture ”), on September 11, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000119312525201368/0001193125-25-201368-index.htm
- Equity Issuances
  FiscalNote Holdings, Inc. issued convertible note to YA II PN, Ltd. for $12.3 million.
  - Security: convertible note
  - Purchaser: YA II PN, Ltd.
  - Consideration: $12.3 million
  source text: the Company agreed to issue the Investor, in two tranches, convertible debentures in an aggregate principal amount of approximately $33 million (collectively, the “ Debentures ”). The second tranche of the Debentures was issued, in the amount of $12.3 million (the “ Second Debenture ”), on September 11, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000119312525201368/0001193125-25-201368-index.htm

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