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August 22, 2026 is the date separating FiscalNote Holdings, Inc. (NOTE) from two subordinated creditors holding unresolved defaults. GPO FN Noteholder, LLC and YA II PN, Ltd.
each signed letter agreements on July 22, 2026 amending forbearance arrangements first dated April 21, 2026, according to an 8-K filed July 24 and executed by CFO Jon Slabaugh.
The NYSE delisting that triggered the defaults remains in place.
The default and its origin FiscalNote's Class A common stock was removed from the New York Stock Exchange, and that event constituted a default under subordinated convertible debt instruments held by both GPO and YA.
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