FiscalNote Faces Delisting Concerns
Ticker: NOTE-WT · Form: 8-K · Filed: Nov 29, 2024 · CIK: 1823466
| Field | Detail |
|---|---|
| Company | Fiscalnote Holdings, Inc. (NOTE-WT) |
| Form Type | 8-K |
| Filed Date | Nov 29, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-rule-violation, compliance
TL;DR
FiscalNote might get delisted - big trouble ahead.
AI Summary
FiscalNote Holdings, Inc. filed an 8-K on November 29, 2024, reporting a notice of delisting or failure to satisfy continued listing rules. The filing indicates potential issues with the company's listing status on the stock exchange, requiring immediate attention and disclosure to investors.
Why It Matters
This filing signals potential financial distress or non-compliance with exchange rules, which could lead to significant stock price volatility and investor uncertainty.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to trade publicly, posing a severe risk to its operations and shareholder value.
Key Players & Entities
- FiscalNote Holdings, Inc. (company) — Registrant
- Duddell Street Acquisition Corp. (company) — Former Company Name
- November 25, 2024 (date) — Earliest event reported
- November 29, 2024 (date) — Filing Date
FAQ
What specific listing rule or standard has FiscalNote Holdings, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that has not been satisfied, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated November 25, 2024.
What was FiscalNote Holdings, Inc.'s former company name?
FiscalNote Holdings, Inc.'s former company name was Duddell Street Acquisition Corp.
Under which state was FiscalNote Holdings, Inc. incorporated?
FiscalNote Holdings, Inc. was incorporated in Delaware.
What is the Commission File Number for FiscalNote Holdings, Inc.?
The Commission File Number for FiscalNote Holdings, Inc. is 001-39672.
Filing Stats: 832 words · 3 min read · ~3 pages · Grade level 10.7 · Accepted 2024-11-29 13:31:03
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share NOTE NYSE Warrants to p
- $1.00 — (the " Common Stock ") had fallen below $1.00 per share over a consecutive 30 trading
Filing Documents
- d881520d8k.htm (8-K) — 29KB
- d881520dex991.htm (EX-99.1) — 8KB
- 0001193125-24-267900.txt ( ) — 202KB
- note-20241125.xsd (EX-101.SCH) — 4KB
- note-20241125_def.xml (EX-101.DEF) — 14KB
- note-20241125_lab.xml (EX-101.LAB) — 23KB
- note-20241125_pre.xml (EX-101.PRE) — 15KB
- d881520d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release dated November 29, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FISCALNOTE HOLDINGS, INC. By: /s/ Todd Aman Name: Todd Aman Title: SVP, General Counsel & Secretary Date: November 29, 2024