other_material
confidence high
sentiment negative
materiality 0.75
FiscalNote extends forbearance with subordinated creditors to June 21, 2026 amid NYSE delisting default
FiscalNote Holdings, Inc.
- Entered letter agreements on May 18, 2026 amending forbearance agreements with GPO FN Noteholder, LLC and YA II PN, Ltd.
- Subordinated creditors waive defaults arising from NYSE delisting of Class A common stock and forbear from exercising rights.
- Forbearance period extended until June 21, 2026; prior agreements were dated April 21, 2026.
- Extension provides temporary relief but does not resolve underlying delisting or financial condition.
item 8.01item 9.01