FiscalNote Holdings, Inc. - $NOTE STOCK NEWS

FiscalNote Holdings, a leading AI-driven enterprise technology provider, will report financial results for the First Quarter of 2024 on May 9. The company will host a conference call to review the results and outlook.

FiscalNote Holdings, Inc. (NYSE: NOTE) announces the launch of the FiscalNote Global Intelligence Copilot, an AI-powered assistant aimed at helping customers navigate shifting global landscapes, manage emerging developments, and mitigate risks related to geopolitical, macroeconomic, security, and regulatory challenges. The Copilot leverages cutting-edge technology, proprietary data, and innovative software solutions to provide valuable insights and strategic guidance to regulatory and risk management professionals, improving decision-making and productivity across enterprises.

FiscalNote Holdings, Inc. (NYSE: NOTE) announced the expansion of its Roll Call media property to include data from Factba.se, leveraging AI-powered analysis tools for real-time insights into Presidential candidates Biden and Trump during the 2024 election. The integration of Factba.se's AI technology with Roll Call sets a new standard in political coverage, providing a comprehensive database of Presidential information and AI-driven analysis of campaign statements.

FiscalNote launches StressLens, an innovative AI tool to decode human behavior in key decision makers, securing a multi-billion dollar asset management firm as its first customer. StressLens offers real-time insights into the behavioral impact of influencers in financial, regulatory, and government sectors, providing a competitive edge in decision-making processes.

FiscalNote Holdings, Inc. divests Board.Org Community Engagement Platform for up to $103 million, with $95 million in cash consideration. The divestiture enables the repayment of senior debt, enhances the balance sheet, and simplifies the product strategy for continued growth and adjusted EBITDA profitability. FiscalNote reports strong financials, including a 17% revenue growth in 2023, high gross margins, and positive adjusted EBITDA of approximately $3 million in Q4 2023. The company's leadership in AI-enabled policy and market information is highlighted.

FiscalNote Holdings, Inc. (NYSE: NOTE) divests Board.org to Executive Platforms for $95 million, with potential earnouts up to $103 million. This move significantly deleverages FiscalNote's balance sheet, strengthens its capital structure, and allows focus on AI leadership and global intelligence growth.

FiscalNote Holdings, Inc. (NYSE: NOTE) will report financial results for Full Year 2023 and Fourth Quarter on March 12, 2024. The conference call will review the company's financial results and outlook.

FiscalNote Holdings, Inc. (NYSE: NOTE) announced CEO Tim Hwang and other senior executives will present at the 26th Annual Needham Growth Conference. The company also plans to hold virtual meetings with investors. Webcast replay and related presentation will be available on the investor relations website.

FiscalNote Holdings, Inc. (NYSE: NOTE) announced a commercial partnership with Era Global Technologies, LLC, backed by leading family enterprises. Era will invest $5.5 million in FiscalNote, potentially up to an additional $2.0 million, to accelerate growth, product development, and go-to-market strategy for the AI Co-pilot program. The partnership aims to introduce FiscalNote's AI products to large conglomerates, particularly in the legal and regulatory space, and drive further AI innovation. FiscalNote's AI Co-pilots are designed to assist policy and risk management professionals in automating tasks, improving decision-making, and increasing productivity and efficiencies.