FiscalNote Achieves NYSE Compliance Milestone
FiscalNote Holdings, Inc. (NYSE: NOTE), a prominent force in the realm of AI-powered enterprise software that specializes in policy and global intelligence, recently announced significant news: it has successfully regained compliance with the New York Stock Exchange’s (NYSE) continued listing standard for minimum share price. This achievement is outlined under Section 802.01C of the NYSE Listed Company Manual, reflecting the Company's dedication and commitment to maintaining high operational standards.
Key Details about Compliance
On confirmation from the NYSE received in early February 2025, it was noted that as of January 31, 2025, FiscalNote’s common stock had reached a closing share price of at least $1.00. Furthermore, the Company maintained an average closing price of at least $1.00 over the preceding 30 trading days. This revitalization means that the Company’s shares no longer fall beneath the minimum price requirement set forth by the NYSE.
Commitment to Customer Success and Growth
FiscalNote is ardently focused on delivering critical insights to support its diverse clientele, which exceeds 4,000 global customers in various sectors including corporations, government agencies, trade associations, and non-profits. The platform provides valuable information spanning over 80 countries, aiding those entities in navigating the complexities associated with policy and regulatory environments.
Innovative Solutions and Services
The Company remains committed to enhancing its offerings. A focal point of this strategy has been the recent introduction of the innovative PolicyNote solution, a policy management tool designed to help users streamline their workflow while ensuring access to essential insights. CEO Josh Resnik emphasized the importance of connecting their product offerings with client needs, driving both product-led growth and profitability.
Future Growth Initiatives
Looking ahead, FiscalNote is not only striving for compliance but is also actively pursuing strategic initiatives aimed at sustainability and expansion. The leadership team expresses confidence in their outlined plan to enhance shareholder value and strengthen their balance sheet. Ongoing efforts include generating operational efficiencies and reducing debt, which reflect a solid strategy for growth.
Engaging with Stakeholders
FiscalNote ensures its shareholders remain informed through regular updates and presentations which can be found on their Investor Relations website. The Company’s transparency reinforces the trust placed in them by stakeholders and contributes to their commitment to excellence.
About FiscalNote
FiscalNote (NYSE: NOTE) stands at the forefront of delivering policy and global intelligence. By integrating advanced data analytics with technological insights, the Company empowers organizations to effectively manage political and business risks. Since its inception in 2013, FiscalNote has transformed the landscape of policy management, providing essential tools and insights for action. With industry-leading brands such as CQ and Roll Call under its umbrella, FiscalNote caters to a global clientele from various offices located across North America, Europe, Asia, and Australia.
Frequently Asked Questions
What is FiscalNote's recent achievement regarding the NYSE?
FiscalNote has regained compliance with the NYSE continued listing standard for minimum share price, reaffirming its market standing.
What does the status of NYSE compliance mean for FiscalNote?
This compliance ensures that FiscalNote can continue trading on the NYSE, which positively impacts shareholder confidence and market perception.
How has FiscalNote contributed to its customers?
FiscalNote provides insights and intelligence relevant to policy and regulatory issues, serving over 4,000 global clients across multiple sectors.
What innovations has FiscalNote introduced recently?
The introduction of the PolicyNote platform highlights FiscalNote's commitment to innovative solutions that meet client needs effectively.
How can investors learn more about FiscalNote?
Investors can find updates, presentations, and relevant information on the FiscalNote Investor Relations website.
