FiscalNote Holdings, Inc. announced on August 22, 2025, that its Board of Directors has approved a 1-for-12 reverse stock split of its Class A and Class B common stock. The reverse stock split will be effective at 4:30 p.m. Eastern Time on August 29, 2025.
The Class A Common Stock is expected to begin trading on the New York Stock Exchange (NYSE) on a reverse split-adjusted basis on September 2, 2025, under the existing trading symbol “NOTE.” This action is intended to bring the company into compliance with the NYSE’s minimum share price requirement.
The reverse stock split will not change the number of authorized shares of Common Stock or the par value per share. Proportionate adjustments will be made to outstanding stock awards, options, and warrants, with no fractional shares to be issued, instead providing cash in lieu of such interests.
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