other material
confidence high
sentiment negative
materiality 0.85
FiscalNote receives NYSE delisting notice for low share price; trading moves to OTC
FiscalNote Holdings, Inc.
- NYSE notified company on March 25, 2026 that 30-day average closing price fell below $1.00; trading suspended immediately.
- Common stock and warrants expected to begin trading on OTC Markets on March 26, 2026 under same ticker symbols.
- Company evaluating appeal to NYSE's Listing Qualifications Panel; no assurance of success.
- Company announced 25% workforce reduction and ~19% reduction in cash operating costs; expects positive free cash flow from April 2026.
- Board reviewing strategic alternatives including potential divestitures of non-core assets.