secwatch.observer — SEC 8-K summary
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Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001193125-26-124523
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FiscalNote receives NYSE delisting notice for low share price; trading moves to OTC
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000119312526124523/0001193125-26-124523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000119312526124523/d31744d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-124523

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer