FiscalNote Holdings, Inc. — fact timeline

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. 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.”

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.”

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.”