FiscalNote Holdings, Inc. announced on April 11, 2025, that it received a second notification from the New York Stock Exchange (NYSE) on April 10, 2025. The notice indicates that FiscalNote is again not in compliance with the NYSE's continued listing standard requiring an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
The company is in compliance with all other NYSE continued listing standards and has been afforded a standard six-month cure period to regain compliance. This notification does not affect FiscalNote’s business operations, SEC reporting requirements, or the immediate listing of its common stock.
Management remains focused on driving operational efficiencies, accelerating its path to positive free cash flow, and leveraging the new PolicyNote platform. The company intends to regain compliance and will respond to the NYSE within ten business days with its plan to cure the deficiency.
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