{"filing":{"accession_number":"0001193125-26-272581","cik":"0001823466","ticker":"NOTEW","company_name":"FiscalNote Holdings, Inc.","form":"8-K","filing_date":"2026-06-16","report_date":null,"primary_document":"d107703d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1823466/000119312526272581/d107703d8k.htm"},"events":[{"id":11297,"run_id":9915,"accession_number":"0001193125-26-272581","anchor_item_number":"1.01","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"summary":"FiscalNote entered into a waiver agreement with noteholder GPO to defer a $2.0 million quarterly principal amortization payment due July 1, 2026, and is actively engaging with senior and subordinated lenders to renegotiate or amend existing obligations. The deferral and broad restructuring discussions signal financial stress and inability to meet scheduled debt obligations, indicating material covenant-related distress.","company_name":"FiscalNote Holdings, Inc.","ticker":"NOTEW","filing_date":"2026-06-16","form":"8-K","submitted_at":null,"items":[{"id":7853,"accession_number":"0001193125-26-272581","item_number":"1.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The Company entered into a waiver agreement with its noteholder GPO to defer a $2.0 million quarterly principal amortization payment due July 1, 2026. While technically styled as a \"waiver,\" this deferral signals financial stress and inability to meet scheduled debt obligations—a hallmark of covenant-related distress. The waiver restructures payment timing and indicates the Company sought relief from a direct financial obligation, which is material to creditors and investors assessing liquidity and solvency.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:08:48.828077+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7854,"accession_number":"0001193125-26-272581","item_number":"8.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The disclosure reveals that FiscalNote is actively engaging with senior and subordinated lenders to renegotiate or amend existing obligations, with discussions including \"amendments, maturity extensions, liability management transactions, exchanges, and other strategic alternatives.\" This pattern of debt restructuring discussions—particularly with both senior and subordinated lenders simultaneously—typically signals financial distress and potential covenant violations or imminent defaults. While the filing does not explicitly state a breach, the urgency and scope of lender negotiations suggest the company is addressing material debt obligations under stress.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:08:48.828077+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7853,"accession_number":"0001193125-26-272581","item_number":"1.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The Company entered into a waiver agreement with its noteholder GPO to defer a $2.0 million quarterly principal amortization payment due July 1, 2026. While technically styled as a \"waiver,\" this deferral signals financial stress and inability to meet scheduled debt obligations—a hallmark of covenant-related distress. The waiver restructures payment timing and indicates the Company sought relief from a direct financial obligation, which is material to creditors and investors assessing liquidity and solvency.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:08:48.828077+00:00","company_name":"FiscalNote Holdings, Inc.","ticker":"NOTEW","filing_date":"2026-06-16"},{"id":7854,"accession_number":"0001193125-26-272581","item_number":"8.01","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The disclosure reveals that FiscalNote is actively engaging with senior and subordinated lenders to renegotiate or amend existing obligations, with discussions including \"amendments, maturity extensions, liability management transactions, exchanges, and other strategic alternatives.\" This pattern of debt restructuring discussions—particularly with both senior and subordinated lenders simultaneously—typically signals financial distress and potential covenant violations or imminent defaults. While the filing does not explicitly state a breach, the urgency and scope of lender negotiations suggest the company is addressing material debt obligations under stress.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T20:08:48.828077+00:00","company_name":"FiscalNote Holdings, Inc.","ticker":"NOTEW","filing_date":"2026-06-16"}]}