Fiscalnote Hldg - NOTE STOCK NEWS

FiscalNote Holdings (NYSE: NOTE) has announced a definitive agreement to sell Oxford Analytica and Dragonfly to Dow Jones for $40 million. The transaction, expected to close in Q1 2025, will help reduce FiscalNote's senior term loan and strengthen its balance sheet, resulting in a cumulative debt paydown of over 60% in the past year.

The divestiture of these UK-based portfolio companies from FiscalNote's Global Intelligence business aligns with the company's strategy to focus on its core Policy platform serving 4,000+ global policy customers. The sale aims to streamline operations, expand Adjusted EBITDA margins, and accelerate the path to positive free cash flow.

Oxford Analytica, acquired in February 2021, provides geopolitical analysis and advisory services, while Dragonfly, acquired in January 2023, offers global security intelligence services. Both businesses have operated independently of FiscalNote's core products.

Dow Jones has announced the acquisition of Dragonfly Intelligence and Oxford Analytica from FiscalNote Holdings for $40 million. The deal, expected to close in Q1 2025, includes a $4 million tax benefit for News Corp. Both companies will operate under Dow Jones Risk & Compliance, enhancing its geopolitical risk and security intelligence offerings.

Dragonfly, with offices in London and Singapore, provides real-time security intelligence to multinational companies and public sector entities. Oxford Analytica, founded in 1975, delivers macroeconomic and geopolitical risk analysis through its global expert network.

This acquisition follows Dow Jones Risk & Compliance's strong performance, with revenue growing 16% year-over-year to nearly $300 million in fiscal 2024. The company recently acquired WorldECR and expanded its stake in Ripjar, demonstrating its commitment to strengthening its risk and compliance services.

FiscalNote Holdings (NYSE: NOTE) has successfully regained compliance with NYSE's continued listing standard for minimum share price. The company achieved this milestone organically through stock performance, maintaining a closing share price of at least $1.00 and an average closing share price above $1.00 over a 30-day trading period ending January 31, 2025.

The AI-driven enterprise SaaS technology provider serves over 4,000 global customers across corporations, governments, trade associations, and non-profits, providing policy and regulatory insights across more than 80 countries. The company recently launched PolicyNote, a breakthrough policy management solution, and remains committed to generating sustainable profitable growth through product experiences, operational efficiencies, and debt reduction.

FiscalNote (NYSE: NOTE) has launched PolicyNote, an AI-powered policy management solution designed to help organizations navigate legislative and regulatory developments more effectively. The platform combines FiscalNote's proprietary AI technology, data, and expert-led policy analysis to streamline policy tracking, summarizing, and briefing processes.

PolicyNote's key features include comprehensive U.S. federal and state data sets, AI-powered policy summaries, customizable dashboards, stakeholder database management, and detailed reporting tools. The platform enables users to generate policy briefings in minutes, analyze trends, set custom alerts, and collaborate across teams.

Early customer feedback has been positive, with Encore Renewable Energy reporting significant business impact through PolicyNote's ability to identify important legislative matters. The launch represents a strategic milestone in FiscalNote's product-led strategy, aimed at enhancing customer engagement, retention, and long-term growth.

FiscalNote Holdings (NYSE: NOTE) announced that Board member Conrad Yiu will retire effective December 31, 2024, ahead of his scheduled term end in May 2025. Yiu, who joined the board in October 2020, is Co-founder and Partner of AS1 Growth Partners, which invested in FiscalNote in 2020 prior to its public listing. Following Yiu's departure, the board will be reduced to nine members, reflecting the company's streamlined structure after its 2024 divestitures of Board.org and Aicel Technologies.

FiscalNote (NYSE: NOTE) announces significant success in supporting finance industry customers with AI-driven policy and regulatory solutions. The company's technology helps financial institutions navigate complex regulatory landscapes, particularly relevant given the anticipated regulatory changes under the incoming Trump administration.

FiscalNote's suite of services includes real-time policy monitoring, cryptocurrency regulatory tracking, and global coverage across major jurisdictions including the EU and US regulatory agencies. The company's AI-powered analysis and expert insights help organizations monitor developments in areas such as capital requirements, anti-money laundering enforcement, and digital finance regulation.

FiscalNote (NYSE: NOTE) has achieved a significant milestone in its AI-driven local policy coverage, surpassing 5 million local policy documents in its proprietary database. The company now covers over 16,000 local governments and school districts across the U.S., representing the industry's highest number of tracked localities.

The platform tracks over 600,000 documents weekly from local governing bodies and maintains a database of 100,000 local government contacts. The system monitors more than 12,000 municipalities, 4,000 school districts, and hundreds of state boards, providing customers with real-time policy information through SaaS-based custom dashboards and daily reports.

FiscalNote (NYSE: NOTE), an AI-driven enterprise SaaS technology provider of policy and global intelligence, has announced its participation in two upcoming investor conferences. The company will participate virtually in the Northland Capital Markets Growth Conference on December 12, 2024, and will present in person at the Needham & Co. 27th Annual Growth Conference on January 15, 2025, at the Lotte New York Palace Hotel in New York City. Both events will include investor meetings, and related presentations and webcasts will be available on FiscalNote's investor relations website.

FiscalNote (NYSE: NOTE) has announced a comprehensive toolkit for government relations and corporate affairs professionals to navigate post-election landscapes across the US, G7 nations, and the new European Commission. The company's AI-driven SaaS platform provides policy expertise and intelligence to help organizations understand and influence policy evolution at all governmental levels.

The toolkit aims to help decision-makers capitalize on growth opportunities while managing risks in the changing political environment. FiscalNote leverages its policy-oriented platforms and advisory professionals to deliver tailored intelligence and analysis for customers navigating cross-border business impacts.