FiscalNote Holdings, Inc. — fact timeline

FiscalNote Holdings, Inc. amended a notes offering with GPO FN Noteholder, LLC valued at $2.0 million (effective 2026-06-16).

“On June 16, 2026, FiscalNote Holdings, Inc. (the “ Company ”) entered into a letter agreement with GPO FN Noteholder, LLC (“ GPO ”), pursuant to which GPO agreed, among other matters, to waive the Company’s obligation to deliver the quarterly $2.0 million principal amortization installment that otherwise would be payable on July 1, 2026 pursuant to Section 8 of that certain 7.50% Senior Subordinated Convertible Promissory Note due November 13, 2029, issued by the Company to GPO.”

FiscalNote Holdings, Inc. shareholders approved Ratification of RSM US LLP as independent auditor for 2026 at the 2026-05-27 meeting.

“For Against Abstain 28,118,673 224,144 116,794”

FiscalNote Holdings, Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2026-05-27 meeting.

“Every 1 Year Every 2 Years Every 3 Years Abstain Broker Non- Votes 21,450,842 190,597 26,533 69,096 6,722,543”

FiscalNote Holdings, Inc. shareholders approved Non-binding advisory vote on executive compensation at the 2026-05-27 meeting.

“For Against Abstain Broker Non- Votes 21,500,772 173,462 62,834 6,722,543”

FiscalNote Holdings, Inc. shareholders approved Election of two Class I directors: Key Compton and Timothy Hwang at the 2026-05-27 meeting.

“Name of Director Nominee For Withhold Broker Non- Votes Key Compton 21,489,942 247,126 6,722,543 Timothy Hwang 21,484,901 252,167 6,722,543”

FiscalNote Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $20.0 million, net income $(43.6). Guidance reaffirmed.

“leader in AI-driven policy and regulatory intelligence, today reported financial results for the first quarter ended March 31, 2026. The Company reported Q1 2026 revenues of $20.0 million and Adjusted EBITDA (1) of $1.0 million, both meeting guidance. Customer engagement and retention metrics for PolicyNote continue to exceed the Company’s legacy platforms,”

FiscalNote Holdings, Inc. reported financial results for year ended December 31, 2025.

“On March 19, 2026, FiscalNote Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the year ended December 31, 2025.”

FiscalNote Holdings, Inc. reported fourth quarter ended December 31, 2025 results: revenue $ 22.2, net income $ (22.9 ).

“Fourth Quarter 2025 Financial Highlights (2) (Unaudited) Three Months Ended December 31, ($ in millions) 2025 2024 % Change Total Revenues $ 22.2 $ 29.5 (25 ) % Subscription Revenue as % of Total Revenues 95 % 92 % 300 bps Gross Profit $ 17.7 $ 24.2 (27 ) % Gross Margin 80 % 82 % (200 ) bps Adjusted Gross Profit (1) $ 19.5 $ 25.7 (24 ) % Adjusted Gross Margin (1) 88 % 87 % 100 bps Net Loss $ (22.9 ) $ (13.4 ) 71 % Adjusted EBITDA (1) $ 2.5 $ 3.3 (25 ) % Adjusted EBITDA Margin (1) 11 % 11 % (200 ) bps Cash and Cash Equivalents $ 26.9 $ 35.3 bps - Basis Points Note: All amounts for the three months ended December 31, 2024 include contributions from: (i) TimeBase, divested on July 1, 2025; (ii) Oxford Analytica and Dragonfly Intelligence, both divested on March 31, 2025; and, (iii) Aicel, divested on October 31, 2024.”

FiscalNote Holdings, Inc. issued convertible note to YA II PN, Ltd. for $12.3 million.

“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.”

FiscalNote Holdings, Inc. incurred convertible notes of $12.3 million with YA II PN, Ltd. maturing March 11, 2027.

“The second tranche of the Debentures was issued, in the amount of $12.3 million (the “ Second Debenture ”), on September 11, 2025.”

FiscalNote Holdings, Inc.: Certificate of Amendment to effect a 1-for-12 reverse stock split of Common Stock (effective 2025-08-29).

“at 1-for-12 and, to implement such Reverse Stock Split, approved and authorized the filing of a Certificate of Amendment to the Company’s Certificate of Incorporation”

FiscalNote Holdings, Inc. incurred term loan of $75 million with MGG Investment Group LP at reference rate plus 7% / SOFR plus 8% maturing August 2029.

“On August 5, 2025, FiscalNote Holdings, Inc. (the “ Company ”) entered into definitive agreements providing for a comprehensive realignment of its balance sheet. Closing of the respective refinancing transactions is anticipated on or before August 15, 2025. The agreements executed provide for the refinancing of the Company’s senior credit facility with a new, $75 million senior secured term loan maturing in August 2029 (the “ 2025 Term Loan ”)”

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.

“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”

General Stanley A. McChrystal resigned as director at FiscalNote Holdings, Inc..

“On April 30, 2025, General Stanley A. McChrystal (United States Army-Retired), a member of the Board of Directors (the “ Board ”) of FiscalNote Holdings, Inc. (the “ Company ”), and a member of the Corporate Governance Committee and Compensation Committee of the Board, notified the Company of his decision to resign as a director effective on May 29, 2025, in order to focus on other professional commitments.”

FiscalNote Holdings, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“April 10, 2025, FiscalNote Holdings, Inc. (the “Company”) received notice from the New York Stock Exchange (the “NYSE”) stating that it has concluded that the Company is not in compliance with Rule 802.01C of the NYSE’s continued listing requirements (the “NYSE Notification”), since as of April 9, 2025, the 30-trading day average closing price of the Company’s shares of Class A common stock, par value $0.0001 per share (the “Common Stock”) had fallen below $1.00 per share over a consecutive 30 trading-day period. Within 10 business days of receipt of the NYSE Notification, the Company must not”

FiscalNote Holdings, Inc. amended convertible notes of $10.94 million outstanding (including accrued paid-in-kind interest) with Nautilus Venture Partners Fund I, L.P., Nautilus Venture Partners Fund II, L.P. and Wealth Plus Investments Ltd. at PIK interest of 15% per annum maturing Original Maturity Date July 31, 2025 extended to April 15, 2026.

“As of the Amendment Date, the Legacy Notes had an aggregate principal amount of $10.94 million outstanding (including accrued paid-in-kind interest (“ PIK Interest ”)). The Legacy Notes are unsecured and earn PIK interest of 15% per annum, payable annually in arrears. The Maturity Date of the Legacy Notes was July 31, 2025 (the “ Original Maturity Date ”), however, the Amendments extended the Original Maturity Date to April 15, 2026 (the “ Extended Maturity Date ”).”

Richard Henderson departed as Chief Revenue Officer at FiscalNote Holdings, Inc..

“On February 14, 2025, the Company and Richard Henderson, Chief Revenue Officer, agreed that Mr. Henderson would depart effective on February 21, 2025.”

FiscalNote Holdings, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“November 25, 2024, FiscalNote Holdings, Inc. (the “ Company ”) received notice from the New York Stock Exchange (the “ NYSE ”) stating that it has concluded that the Company is not in compliance with Rule 802.01C of the NYSE’s continued listing requirements (the “ NYSE Notification ”), since as of November 20, 2024, the 30-trading day average closing price of the Company’s shares of Class A common stock, par value $0.0001 per share (the “ Common Stock ”) had fallen below $1.00 per share over a consecutive 30 trading-day period. Within 10 business days of receipt of the NYSE Notification, the C”

Josh Resnik was appointed as President and Chief Executive Officer at FiscalNote Holdings, Inc..

“On November 12, 2024, FiscalNote Holdings, Inc. (the “ Company ”) announced a leadership succession whereby Tim Hwang, the company’s current Chairman, Chief Executive Officer, and Co-founder, will transition to Executive Chairman and Josh Resnik, the company’s current President and Chief Operating Officer, will become President and Chief Executive Officer, each effective January 1, 2025.”

Tim Hwang changed role as Executive Chairman at FiscalNote Holdings, Inc..

“On November 12, 2024, FiscalNote Holdings, Inc. (the “ Company ”) announced a leadership succession whereby Tim Hwang, the company’s current Chairman, Chief Executive Officer, and Co-founder, will transition to Executive Chairman and Josh Resnik, the company’s current President and Chief Operating Officer, will become President and Chief Executive Officer, each effective January 1, 2025.”

FiscalNote Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $32.1 million, net income $50.6 million. Guidance reaffirmed.

“Reports Q1 2024 total revenues of $32.1 million and adjusted EBITDA of $1.2 million”

FiscalNote Holdings, Inc. amended Agreement with EGT-East, LLC valued at approximately $1.6 million (effective 2024-04-11).

“On April 11, 2024, FiscalNote Holdings, Inc. (the “ Company ”) entered into a letter agreement (the “ Agreement ”) with EGT-East, LLC (the “ Investor ”) modifying certain provisions of the Senior Subordinated Convertible Promissory Notes made by the Company in favor of the Investor on each of December 8, 2023 and January 5, 2024 (the “ Notes ”) and that certain AI Copilot Partnership Agreement, dated as of December 8, 2023 (the “ Co-Pilot Agreement ”).”

FiscalNote Holdings, Inc. completed a disposition involving Exec Connect Intermediate LLC for total value of $103.0 million, consisting of $95.0 million in cash at closing and a potential earnout opportunity of up to $8.0 million (closed 2024-03-11).

“(the “ Purchase Agreement ”) with Exec Connect Intermediate LLC (the “ Buyer ”), providing for the sale of the equity in FiscalNote Boards LLC to the Buyer for a total value of $103.0 million, consisting of $95.0 million in cash at closing and a potential earnout opportunity of up to $8.0 million. The stated purchase price is subject to adjustments based on”

FiscalNote Holdings, Inc. amended Amendment No. 4 to the Credit Agreement (effective 2024-03-11).

“In connection with the completion of the sale of Board.org on the Closing Date, the Company also entered into Amendment No. 4 to the Credit Agreement (the “ Credit Agreement Amendment ”), pursuant to which, among other things, the lenders consented to the release the liens on Board.org’s assets and permitted the consummation of the sale in exchange for the permanent retirement of $65.7 million (the “ Pay-Down Amount ”) of term loans under the Credit Agreement and payment of approximately $7.1 million of related prepayment and exit fees.”

FiscalNote Holdings, Inc. entered into Equity Purchase Agreement with Exec Connect Intermediate LLC valued at $103.0 million (effective 2024-03-11).

“On the Closing Date, FiscalNote, Inc. (the “ Seller ”), an indirect wholly-owned subsidiary of the Company, and FiscalNote Boards LLC, a wholly-owned subsidiary of the Seller which operated the Board.org business, entered into an Equity Purchase Agreement (the “ Purchase Agreement ”) with Exec Connect Intermediate LLC (the “ Buyer ”), providing for the sale of the equity in FiscalNote Boards LLC to the Buyer for a total value of $103.0 million, consisting of $95.0 million in cash at closing and a potential earnout opportunity of up to $8.0 million.”

FiscalNote Holdings, Inc. reported financial results for the year ended December 31, 2023.

“On March 12, 2024, FiscalNote Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the year ended December 31, 2023.”

FiscalNote Holdings, Inc. incurred convertible notes of $5.5 million with EGT-East, LLC at equal to the applicable federal rate maturing December 8, 2027.

“the Company issued a Note in an aggregate principal amount of $5.5 million to Era.”

FiscalNote Holdings, Inc. entered into Subordinated Convertible Notes due 2027 with EGT-East, LLC and Era Global Technologies, LLC valued at up to $7.5 million in subordinated convertible notes; initial $5.5 million Note with up to $2.0 mill (effective 2023-12-08).

“Era has agreed to invest up to $7.5 million of new capital in the Company as part of the partnership in exchange for subordinated convertible notes due 2027 (collectively, the “ Notes ”).”

FiscalNote Holdings, Inc. entered into Co-Pilot Agreement with EGT-East, LLC and Era Global Technologies, LLC valued at up to $3.75 million in class A common stock (effective 2023-12-08).

“Under a co-pilot partnership agreement (the “ Co-Pilot Agreement ”), Era’s dedicated value-creation platform, Era Catalyst, will act as a foundational early channel partner providing distribution support for the Company’s recently-announced artificial intelligence (AI) Co-pilot program and provide referral services into Era’s extensive network to accelerate sales and introduce the Company’s proprietary AI products in the legal and regulatory space, including to several of the world’s largest conglomerates.”

FiscalNote Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $34.0 million, net income ($14.5) million, EPS $(0.11) per share.

“trusted, AI-enabled global policy and market intelligence and the Company’s efficient SaaS delivery model. Third Quarter 2023 Financial Highlights ● Revenue increased 17% to $34.0 million, within the guidance range the Company previously provided, compared to $29.1 million in Q3 2022. ○ Subscription revenue , which comprises approximately 89% of total revenue,”

FiscalNote Holdings, Inc. reported the third quarter of 2023 results: revenue $34 million to $35 million. Guidance raised.

“Guidance for the third quarter of 2023 is as follows: • GAAP revenue of $34 million to $35 million, representing 17% to 20% year-over-year growth. • Adjusted EBITDA (1)(5) of positive $0.2 million to $1.0 million for the quarter, marking an increase from the Company’s prior guidance of approximately break-even in the third quarter.”

FiscalNote Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue $32.8 million, net income $(30.9) million. Guidance raised.

“their businesses in an increasingly complex global geopolitical, economic, and regulatory environment. Second Quarter 2023 Financial Highlights ● Revenue increased 21% to $32.8 million, compared to $27.2 million in Q2 2022 and consistent with the guidance range the Company previously provided. Subscription revenue , which comprises approximately 90% of total”

FiscalNote Holdings, Inc. incurred convertible notes of $46,793,888.70 with GPO FN Noteholder LLC at 7.50% per annum maturing July 3, 2028.

“the Company will issue to the Investor a subordinated convertible promissory note in an initial principal amount of $46,793,888.70 (the “New Note”)”

FiscalNote Holdings, Inc. entered into Exchange and Settlement Agreement with GPO FN Noteholder LLC valued at $46,793,888.70 (effective 2023-06-30).

“On June 30, 2023 (the “Subscription Date”), FiscalNote Holdings, Inc. (the “Company”) entered into an Exchange and Settlement Agreement (the “Exchange and Settlement Agreement”) with GPO FN Noteholder LLC (the “Investor”)”

FiscalNote Holdings, Inc. shareholders approved Ratification of Appointment of RSM US LLP as Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-05-31 meeting.

“Proposal 2 The Company’s stockholders ratified the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the Company’s 2023 fiscal year, as set forth below: For Against Abstain 235,086,404 16,516 3,809 There were no broker non-votes with respect to this proposal.”

FiscalNote Holdings, Inc. shareholders approved Election of Class I Directors at the 2023-05-31 meeting.

“Proposal 1 The Company’s stockholders elected each of the three Class I director nominees named in the 2023 proxy statement, to serve on the Board of Directors for a three-year term expiring at the Company’s 2026 annual meeting of stockholders or until their respective successors are duly elected and qualified or until their earlier resignation or removal, as set forth below: Name of Director Nominee For Withhold Broker Non-Votes Timothy Hwang 214,040,783 1,115,058 19,950,888 Key Compton 214,530,169 625,672 19,950,888 Stanley McChrystal 205,956,550 9,199,291 19,950,888”

FiscalNote Holdings, Inc. amended Joinder and Amendment No. 2 to Second Amended and Restated Credit and Guaranty Agreement with Runway, as administrative agent and collateral agent, and each lender party thereto valued at joins Dragonfly Eye Limited and Oxford Analytica Limited as Guarantors and grants liens over substan (effective 2023-05-16).

“On May 16, 2023, FiscalNote, Inc., a wholly owned subsidiary of FiscalNote Holdings, Inc. (the “Company”), entered into that certain Joinder and Amendment No. 2 to Second Amended and Restated Credit and Guaranty Agreement ( “Joinder and Second Amendment”) to its Second Amended and Restated Credit and Guaranty Agreement, dated July 29, 2022”

FiscalNote Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $31.5 million, net income $19.3 million. Guidance reaffirmed.

“their businesses in an increasingly complex global geopolitical, economic, and regulatory environment. First Quarter 2023 Financial Highlights ● Revenue increased 21% to $31.5 million, compared to revenue of $26.1 million in the first quarter of 2022 and consistent with the guidance range the Company previously provided. Subscription revenue , which comprises”

FiscalNote Holdings, Inc. reported full year 2023 results: revenue $136 to $141 million. Guidance initiated.

“FiscalNote provided guidance for full year 2023 as follows: • GAAP revenue of $136 to $141 million, representing 20% to 24% year over year growth inclusive of the Company’s recent acquisition of Dragonfly Eye, Ltd. • Total run-rate revenue (3)(5) of $148 million to $155 million representing growth of 17% to 22% over the prior year inclusive of the Company’s recent acquisition of Dragonfly Eye, Ltd. and growth of 10% to 16% over the prior year on an organic basis. • An adjusted EBITDA (1) loss of $8 million to $6 million for the year (6) , marking an improvement of approximately 71% year-over-year. • FiscalNote reiterates that it expects to achieve positive Adjusted EBITDA in the fourth quarter of 2023 and ongoing positive adjusted EBITDA beyond this milestone.”

FiscalNote Holdings, Inc. reported the fiscal year ended December 31, 2022 results: revenue $113.8 million, net income $218.3 million.

“Revenue increased 37% to $113.8 million, at the top end of the Company’s guidance range announced in November 2022, compared to $82.9 million in FY 2021. Non-GAAP adjusted revenue (1) was $115.7 million as compared to $85.7 million in 2021. ● Gross profit was $81.8 million representing 72% gross margin, and non-GAAP adjusted gross profit (1) was $92.8 million representing 80% non-GAAP adjusted gross margin. (1) ● GAAP net loss of $218.3 million. GAAP net loss for the year contains approximately $85.8 million of net non-cash items which are primarily associated with the Company's public listing on July 29, 2022, as detailed in the reconciliation of Adjusted EBITDA to GAAP net loss provided below. GAAP net loss for FY 2022 also includes a non-cash charge of $11.7 million related to the loss contingency recognized as a result of the previously-announced proposed terms of a lender arrangement (2) . ● Adjusted EBITDA (1) loss of $24.4 million.”

FiscalNote Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $31.4 million, net income $42.5 million.

“Revenue increased 29% to $31.4 million, compared to $24.5 million in Q4 2021. Non-GAAP adjusted revenue (1) was $31.5 million as compared to $25.7 million in the fourth quarter of 2021. ● Gross profit was $23.1 million representing 73% gross margin, and non-GAAP adjusted gross profit was $25.6 million (1) representing 81% non-GAAP adjusted gross margin. (1) ● GAAP net loss of $42.5 million. GAAP net loss for the quarter contains non-cash charges totaling $24.2 million, which includes $11.7 million related to the loss contingency recognized as a result of the previously-announced proposed terms of a lender arrangement (2) , $5.8 million related to the mark-to-market of the public and private warrants liability the Company is required to fair value at each reporting date, and $6.7 million of incremental expense related to the accounting treatment of stock based compensation related to the Company's public listing. ● Adjusted EBITDA (1) loss of $5.2 million. ● Cash and cash equivalents of”

FiscalNote Holdings, Inc. incurred term loan of $6.0 million with one of the lenders.

“Amendment No. 1 provides for the extension of an incremental term loan by one of the lenders to the Borrowers in the principal amount of $6.0 million, to be made on or around March 31, 2023, on the same terms as the existing term loans (the “Incremental Facility”)”

FiscalNote Holdings, Inc. amended Second Amended and Restated Credit and Guaranty Agreement with Runway Growth Finance Corp. valued at $6,000,000 incremental term loan, warrant to purchase Class A Common Stock (effective 2023-03-17).

“On March 17, 2023, FiscalNote, Inc., a wholly owned subsidiary of FiscalNote Holdings, Inc. (the “Company”), entered into Amendment No. 1 ( “Amendment No. 1”) to its Second Amended and Restated Credit and Guaranty Agreement dated July 29, 2022”

FiscalNote Holdings, Inc. reported preliminary financial results for the fiscal year ended December 31, 2022.

“FiscalNote Holdings, Inc. (the “ Company ”) issued a press release announcing certain preliminary unaudited financial results for the fiscal year ended December 31, 2022 and initial revenue outlook for the fiscal year ended December 31, 2023.”

FiscalNote Holdings, Inc. incurred convertible notes with Runway Growth Finance Corp..

“the Convertible Notes will be subordinated to the Company’s and the Borrowers’ respective obligations under that certain Second Amended and Restated Credit and Guaranty Agreement dated as of July 29, 2022”

FiscalNote Holdings, Inc. incurred convertible notes of £9.0 million pounds at 8.0% per annum.

“the Company issued approximately £9.0 million pounds in aggregate principal amount of Convertible Notes to Eligible Sellers in the Transaction”

FiscalNote Holdings, Inc. entered into Sale and Purchase Agreement with the persons and entities listed on Schedule 1 to the Purchase Agreement (the "Sellers") valued at up to £26.5 million pounds sterling (effective 2023-01-27).

“On January 27, 2023, FiscalNote Holdings, Inc., a Delaware corporation (the " Company "), entered into a Sale and Purchase Agreement (the " Purchase Agreement ") with the persons and entities listed on Schedule 1 to the Purchase Agreement (the " Sellers ").”

FiscalNote Holdings, Inc. reported quarter ended September 30, 2022 results: revenue $29.1 million, net income -$109 million. Guidance initiated.

“● Revenue increased 34% to $29.1 million, compared to $21.8 million in Q3 2021. Non-GAAP adjusted revenue (1) increased 27% to $29.2 million compared to $22.9 million in the third quarter of 2021. ● Gross profit was $20.3 million representing 70% gross margin, and non-GAAP adjusted gross profit was $23.3 million representing 80% non-GAAP adjusted gross margin. ● GAAP net loss of $109 million.”

Reed Fawell resigned as Senior Vice President & Chief Revenue Officer at FiscalNote Holdings, Inc..

“On September 6, 2022, Reed Fawell, Senior Vice President & Chief Revenue Officer of FiscalNote Holdings, Inc. (the “Company”), notified the Company of his intention to resign from his position with the Company in order to spend more time with family.”

Vibha Jain Miller was appointed as Senior Vice President of People and Diversity, Equality, Inclusion, Belonging and Accessibility at FiscalNote Holdings, Inc..

“Effective as of the Closing, the executive officers of the Company are: • Timothy Hwang, Chief Executive Officer; • Gerald Yao, Chief Strategy Officer, Global Head of ESG; • Jon Slabaugh, Chief Financial Officer and Senior Vice President of Corporate Development; • Josh Resnik, President, General Counsel and Chief Operating Officer; • Krystal Putman-Garcia, Chief Marketing Officer and General Manager of Advocacy; • Reed Fawell, Senior Vice President and Chief Revenue Officer; and • Vibha Jain Miller, Senior Vice President of People and Diversity, Equality, Inclusion, Belonging and Accessibility.”