Recent Stock Price Appreciation Secures Company's Recompliance
FiscalNote Holdings, Inc. (NYSE:NOTE) ("FiscalNote" or the "Company"), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced it has regained compliance with the New York Stock Exchange ("NYSE") continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual.
On February 3, 2025, the Company received confirmation from the NYSE that, as of January 31, 2025, the Company's common stock had a closing share price of at least $1.00 and the Company had maintained an average closing share price of at least $1.00 over the 30 trading-day period ending on that date. Accordingly, the Company's shares are no longer considered to be below the minimum share price requirement of Section 802.01C and, as a result, the Company has regained compliance with the NYSE continued listing standards.
The Company remains focused on providing policy, regulatory and related insights and intelligence to its more than 4,000 global customers spanning corporations, governments, trade associations and non-profits, among others, including data and information spanning more than 80 countries. In addition, the Company's senior executives continue to be committed to generating sustainable profitable growth through best-in-class product experiences — including the recent launch of its breakthrough policy management solution, PolicyNote — additional operational efficiencies, and debt reduction.
"We are pleased to regain full compliance with the NYSE standards, as was always our expectation, and to have achieved this organically by means of stock performance and appreciation," said Josh Resnik, CEO and President, FiscalNote. "We remain focused on delivering value for our shareholders by driving product-led growth, expanding profitability, and strengthening our balance sheet. We are equally focused on generating results for our customers, including users of our new PolicyNote platform, as they seek essential insights, optimize their workflows, and impact their organizations. We are confident in our plan as we pursue our strategic initiatives for 2025 and beyond."
FiscalNote will continue to be traded on the NYSE, subject to its continued compliance with all applicable listing standards.
FiscalNote's most recent investor presentations, as well as its updated Company Overview, can be found on the "Events & Presentations" section of the Investor Relations website.
About FiscalNote
FiscalNote (NYSE:NOTE) is a leader in policy and global intelligence. By uniquely combining data, technology, and insights, FiscalNote empowers customers to manage political and business risk. Since 2013, FiscalNote has pioneered technology that delivers critical insights and the tools to turn them into action. Home to CQ, Roll Call, VoterVoice, and many other industry-leading brands, FiscalNote serves thousands of customers worldwide with global offices in North America, Europe, Asia, and Australia. To learn more about FiscalNote and its family of brands, visit FiscalNote.com and follow @FiscalNote.
Safe Harbor Statement
Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or FiscalNote's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "pro forma," "may," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors are discussed in FiscalNote's SEC filings, including its most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports. Any forward-looking statements are based upon estimates and assumptions that, while considered reasonable by FiscalNote and its management, are inherently uncertain. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. FiscalNote undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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Media
Nicholas Graham
FiscalNote
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Investor Relations
Bob Burrows
FiscalNote
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