
Loan & DebtJun 24, 2026, 05:07 PM
FiscalNote Amends Forbearance Agreements, Extends Waiver
AI Summary
FiscalNote Holdings, Inc. announced on June 24, 2026, that it entered into letter agreements to amend its forbearance agreements with GPO FN Noteholder, LLC and YA II PN, Ltd. These amendments waive defaults on subordinated convertible debt instruments that arose from the delisting of the company's Class A common stock from the New York Stock Exchange. The subordinated creditors have agreed to extend their forbearance from exercising any rights related to these defaults until July 21, 2026.
Key Highlights
- FiscalNote Holdings, Inc. amended forbearance agreements with GPO FN Noteholder, LLC and YA II PN, Ltd. on June 24, 2026.
- The amendments waive defaults on subordinated convertible debt instruments.
- Defaults stemmed from the delisting of the Company’s Class A common stock from the New York Stock Exchange.
- Subordinated Creditors agreed to forbear from exercising any rights related to these defaults.
- The forbearance period has been extended until July 21, 2026.
Price Impact
More from NOTE