
Loan & DebtMay 18, 2026, 04:37 PM
FiscalNote Amends Forbearance Agreements, Extends Waiver to June 21
AI Summary
FiscalNote Holdings, Inc. amended its forbearance agreements with GPO FN Noteholder, LLC and YA II PN, Ltd. on May 18, 2026. These amendments waive defaults under subordinated convertible debt instruments, which arose from the delisting of the company's Class A common stock from the New York Stock Exchange. The Subordinated Creditors have agreed to forbear from exercising rights related to these defaults until June 21, 2026.
Key Highlights
- FiscalNote amended forbearance agreements with GPO FN Noteholder, LLC and YA II PN, Ltd.
- Amendments waive defaults under subordinated convertible debt instruments.
- Defaults arose from the delisting of FiscalNote's Class A common stock from NYSE.
- Subordinated Creditors agreed to forbear from exercising rights until June 21, 2026.
- Original forbearance agreements were dated April 21, 2026.
Price Impact
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