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[NT 10-Q] FiscalNote Holdings, Inc. SEC Filing

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
NT 10-Q
Rhea-AI Filing Summary

FiscalNote Holdings, Inc. filed a Form 12b-25 notifying the SEC that it cannot timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, which was due on August 11, 2025. The company states it entered into definitive agreements on August 5, 2025 to refinance certain outstanding indebtedness and those transactions were completed on August 12, 2025, after the filing deadline. Because the refinancing affects the disclosures required in the 10-Q, FiscalNote says it cannot file the report without unreasonable effort or expense and expects to file the 10-Q on or before the fifth calendar day following the prescribed due date. The filing notes all other periodic reports for the prior 12 months have been filed and the company does not anticipate a significant change in results of operations. The notice is signed by CFO Jon Slabaugh on August 12, 2025.

FiscalNote Holdings, Inc. ha presentato un Form 12b-25 alla SEC notificando che non può depositare tempestivamente il proprio rapporto trimestrale sul Form 10-Q relativo al trimestre terminato 30 giugno 2025, la cui scadenza era il 11 agosto 2025. La società dichiara di aver stipulato accordi definitivi il 5 agosto 2025 per rifinanziare alcuni indebitamenti in essere e che tali operazioni sono state concluse il 12 agosto 2025, dopo la scadenza di deposito. Poiché il rifinanziamento incide sulle informazioni richieste nel 10-Q, FiscalNote afferma di non poter presentare il rapporto senza uno sforzo o costi irragionevoli e prevede di depositare il 10-Q entro o prima del quinto giorno di calendario successivo alla data di scadenza prevista. Il deposito segnala che tutti gli altri rapporti periodici relativi ai 12 mesi precedenti sono stati presentati e che la società non prevede una variazione significativa dei risultati operativi. L'avviso è firmato dal CFO Jon Slabaugh il 12 agosto 2025.

FiscalNote Holdings, Inc. presentó un Form 12b-25 notificando a la SEC que no puede presentar a tiempo su Informe Trimestral en el Form 10-Q correspondiente al trimestre terminado 30 de junio de 2025, cuyo vencimiento era el 11 de agosto de 2025. La compañía indica que celebró acuerdos definitivos el 5 de agosto de 2025 para refinanciar determinadas deudas pendientes y que esas operaciones se completaron el 12 de agosto de 2025, después de la fecha límite de presentación. Dado que el refinanciamiento afecta las divulgaciones requeridas en el 10-Q, FiscalNote declara que no puede presentar el informe sin un esfuerzo o gasto irrazonable y espera presentar el 10-Q en o antes del quinto día natural siguiente a la fecha de vencimiento establecida. La presentación señala que todos los demás informes periódicos de los 12 meses anteriores se han presentado y que la compañía no prevé un cambio significativo en los resultados operativos. El aviso está firmado por el CFO Jon Slabaugh el 12 de agosto de 2025.

FiscalNote Holdings, Inc.� SEC� Form 12b-25� 제출� 분기� 보고서인 Form 10-Q� 기한 내에 제출� � 없음� 통지했습니다. 해당 분기� 2025� 6� 30� 종료분이� 제출 기한은 2025� 8� 11�이었습니�. 회사� 일부 미지� 채무� 재융자하� 위해 2025� 8� 5�� 확정 계약� 체결했으�, � 거래들은 제출 기한 이후� 2025� 8� 12�� 완료되었다고 밝혔습니�. 재융자갶� 10-Q� 요구되는 공시 사항� 영향� 미치� 때문� FiscalNote� 과도� 노력이나 비용 없이 보고서를 제출� � 없다� 보고했으�, 정해� 제출 기한 다음� 다섯 번째 달력�까지(또는 � 이전�) 10-Q� 제출� 예정이라� 예상합니�. 제출서에� 지� 12개월 동안� 다른 모든 정기보고서는 제출되었� 회사� 영업실적� 중대� 변동이 있을 것으� 예상하지 않는다고 적혀 있습니다. � 통지� 최고재무책임�(CFO) Jon Slabaugh2025� 8� 12�� 서명했습니다.

FiscalNote Holdings, Inc. a déposé un formulaire 12b-25 auprès de la SEC pour signaler qu'elle ne peut pas déposer dans les délais son rapport trimestriel sur le formulaire 10-Q pour le trimestre clos le 30 juin 2025, dont l'échéance était le 11 août 2025. La société indique avoir conclu des accords définitifs le 5 août 2025 pour refinancer certaines dettes en cours et que ces opérations ont été finalisées le 12 août 2025, après la date limite de dépôt. Comme le refinancement affecte les informations à divulguer dans le 10-Q, FiscalNote déclare qu'elle ne peut pas déposer le rapport sans un effort ou un coût déraisonnable et prévoit de déposer le 10-Q au plus tard le cinquième jour calendaire suivant la date d'échéance prescrite. Le dépôt précise que tous les autres rapports périodiques des 12 derniers mois ont été déposés et que la société n'anticipe pas de changement significatif des résultats d'exploitation. L'avis est signé par le directeur financier Jon Slabaugh le 12 août 2025.

FiscalNote Holdings, Inc. reichte ein Formular 12b-25 bei der SEC ein und teilte mit, dass es seinen Quartalsbericht auf Form 10-Q für das zum 30. Juni 2025 endende Quartal nicht fristgerecht einreichen kann; die Einreichungsfrist war der 11. August 2025. Das Unternehmen gibt an, am 5. August 2025 verbindliche Verträge zur Refinanzierung bestimmter Verbindlichkeiten abgeschlossen zu haben und dass diese Transaktionen am 12. August 2025, also nach Ablauf der Frist, abgeschlossen wurden. Da die Refinanzierung die im 10-Q erforderlichen Angaben beeinflusst, erklärt FiscalNote, den Bericht nicht ohne unverhältnismäßigen Aufwand oder Kosten einreichen zu können, und erwartet, das 10-Q bis spätestens am fünften Kalendertag nach dem vorgeschriebenen Fälligkeitsdatum einzureichen. Die Einreichung vermerkt, dass alle anderen periodischen Berichte der letzten 12 Monate eingereicht wurden und das Unternehmen keine wesentliche Änderung der Betriebsergebnisse erwartet. Die Mitteilung ist vom CFO Jon Slabaugh am 12. August 2025 unterschrieben.

Positive
  • Refinancing transactions completed (entered into Aug 5, 2025; completed Aug 12, 2025) as disclosed in the filing.
  • Company expects to file the delayed 10-Q on or before the fifth calendar day following the prescribed due date.
  • All other periodic reports required during the prior 12 months have been filed, per the notification.
  • Company does not anticipate a significant change in results of operations for the period, per the filing.
Negative
  • Form 10-Q filing is delayed beyond the prescribed due date of August 11, 2025.
  • Delay caused by refinancing transactions that closed after the filing deadline, requiring updated disclosures.
  • Notification lacks refinancing terms, so investors do not have details on amounts, rates, maturities, or covenant changes in this notice.

Insights

TL;DR: Procedural delay driven by debt refinancing that closed after the filing deadline; the company plans a short filing extension and reports no anticipated earnings change.

The Form 12b-25 is a notification that FiscalNote cannot meet the August 11, 2025 deadline for its 10-Q because definitive refinancing agreements entered on August 5 closed on August 12, 2025. The company explicitly states the transactions will affect disclosures in the 10-Q and that it expects to file within the five-calendar-day extension. The filing also confirms that other periodic reports are up to date and the company does not anticipate a significant change in operating results. Absent the 10-Q, investors lack the updated financial statements and debt disclosures until the filing is submitted.

TL;DR: Debt refinancing completed post-deadline necessitates revised debt-related disclosures; material impact cannot be assessed from this notice alone.

The notification identifies a refinancing of certain outstanding indebtedness as the reason for the delay, with agreements entered August 5, 2025 and transactions completed August 12, 2025. Such transactions typically affect notes to the financial statements, debt maturities, covenant disclosures and liquidity discussion, which explains the need for additional time to finalize the 10-Q. The filing provides no terms of the refinancing, so the scale and financial impact remain undisclosed in this notice. The company’s plan to file within the five-calendar-day extension suggests a limited procedural delay rather than an indefinite postponement.

FiscalNote Holdings, Inc. ha presentato un Form 12b-25 alla SEC notificando che non può depositare tempestivamente il proprio rapporto trimestrale sul Form 10-Q relativo al trimestre terminato 30 giugno 2025, la cui scadenza era il 11 agosto 2025. La società dichiara di aver stipulato accordi definitivi il 5 agosto 2025 per rifinanziare alcuni indebitamenti in essere e che tali operazioni sono state concluse il 12 agosto 2025, dopo la scadenza di deposito. Poiché il rifinanziamento incide sulle informazioni richieste nel 10-Q, FiscalNote afferma di non poter presentare il rapporto senza uno sforzo o costi irragionevoli e prevede di depositare il 10-Q entro o prima del quinto giorno di calendario successivo alla data di scadenza prevista. Il deposito segnala che tutti gli altri rapporti periodici relativi ai 12 mesi precedenti sono stati presentati e che la società non prevede una variazione significativa dei risultati operativi. L'avviso è firmato dal CFO Jon Slabaugh il 12 agosto 2025.

FiscalNote Holdings, Inc. presentó un Form 12b-25 notificando a la SEC que no puede presentar a tiempo su Informe Trimestral en el Form 10-Q correspondiente al trimestre terminado 30 de junio de 2025, cuyo vencimiento era el 11 de agosto de 2025. La compañía indica que celebró acuerdos definitivos el 5 de agosto de 2025 para refinanciar determinadas deudas pendientes y que esas operaciones se completaron el 12 de agosto de 2025, después de la fecha límite de presentación. Dado que el refinanciamiento afecta las divulgaciones requeridas en el 10-Q, FiscalNote declara que no puede presentar el informe sin un esfuerzo o gasto irrazonable y espera presentar el 10-Q en o antes del quinto día natural siguiente a la fecha de vencimiento establecida. La presentación señala que todos los demás informes periódicos de los 12 meses anteriores se han presentado y que la compañía no prevé un cambio significativo en los resultados operativos. El aviso está firmado por el CFO Jon Slabaugh el 12 de agosto de 2025.

FiscalNote Holdings, Inc.� SEC� Form 12b-25� 제출� 분기� 보고서인 Form 10-Q� 기한 내에 제출� � 없음� 통지했습니다. 해당 분기� 2025� 6� 30� 종료분이� 제출 기한은 2025� 8� 11�이었습니�. 회사� 일부 미지� 채무� 재융자하� 위해 2025� 8� 5�� 확정 계약� 체결했으�, � 거래들은 제출 기한 이후� 2025� 8� 12�� 완료되었다고 밝혔습니�. 재융자갶� 10-Q� 요구되는 공시 사항� 영향� 미치� 때문� FiscalNote� 과도� 노력이나 비용 없이 보고서를 제출� � 없다� 보고했으�, 정해� 제출 기한 다음� 다섯 번째 달력�까지(또는 � 이전�) 10-Q� 제출� 예정이라� 예상합니�. 제출서에� 지� 12개월 동안� 다른 모든 정기보고서는 제출되었� 회사� 영업실적� 중대� 변동이 있을 것으� 예상하지 않는다고 적혀 있습니다. � 통지� 최고재무책임�(CFO) Jon Slabaugh2025� 8� 12�� 서명했습니다.

FiscalNote Holdings, Inc. a déposé un formulaire 12b-25 auprès de la SEC pour signaler qu'elle ne peut pas déposer dans les délais son rapport trimestriel sur le formulaire 10-Q pour le trimestre clos le 30 juin 2025, dont l'échéance était le 11 août 2025. La société indique avoir conclu des accords définitifs le 5 août 2025 pour refinancer certaines dettes en cours et que ces opérations ont été finalisées le 12 août 2025, après la date limite de dépôt. Comme le refinancement affecte les informations à divulguer dans le 10-Q, FiscalNote déclare qu'elle ne peut pas déposer le rapport sans un effort ou un coût déraisonnable et prévoit de déposer le 10-Q au plus tard le cinquième jour calendaire suivant la date d'échéance prescrite. Le dépôt précise que tous les autres rapports périodiques des 12 derniers mois ont été déposés et que la société n'anticipe pas de changement significatif des résultats d'exploitation. L'avis est signé par le directeur financier Jon Slabaugh le 12 août 2025.

FiscalNote Holdings, Inc. reichte ein Formular 12b-25 bei der SEC ein und teilte mit, dass es seinen Quartalsbericht auf Form 10-Q für das zum 30. Juni 2025 endende Quartal nicht fristgerecht einreichen kann; die Einreichungsfrist war der 11. August 2025. Das Unternehmen gibt an, am 5. August 2025 verbindliche Verträge zur Refinanzierung bestimmter Verbindlichkeiten abgeschlossen zu haben und dass diese Transaktionen am 12. August 2025, also nach Ablauf der Frist, abgeschlossen wurden. Da die Refinanzierung die im 10-Q erforderlichen Angaben beeinflusst, erklärt FiscalNote, den Bericht nicht ohne unverhältnismäßigen Aufwand oder Kosten einreichen zu können, und erwartet, das 10-Q bis spätestens am fünften Kalendertag nach dem vorgeschriebenen Fälligkeitsdatum einzureichen. Die Einreichung vermerkt, dass alle anderen periodischen Berichte der letzten 12 Monate eingereicht wurden und das Unternehmen keine wesentliche Änderung der Betriebsergebnisse erwartet. Die Mitteilung ist vom CFO Jon Slabaugh am 12. August 2025 unterschrieben.

SEC File Number: 001-39672
CUSIP Number:  337655104

 

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 12b-25

 

 

NOTIFICATION OF LATE FILING

 

(Check One):   

☐ Form 10-K  ☐ Form 20-F  ☐ Form 11-K  ☒ Form 10-Q

☐ Form 10-D  ☐ Form N-SAR  ☐ Form N-CSR

  For Period Ended: June 30, 2025
  ☐ Transition Report on Form 10-K
  ☐ Transition Report on Form 20-F
  ☐ Transition Report on Form 11-K
  ☐ Transition Report on Form 10-Q
  ☐ Transition Report on Form N-SAR
  For the Transition Period Ended:  

 

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:

 

   

 

PART I — REGISTRANT INFORMATION

FiscalNote Holdings, Inc.

Full Name of Registrant

 

Former Name if Applicable

1201 Pennsylvania Avenue NW, 6th Floor

Washington, D.C. 20004

City, State and Zip Code

PART II — RULE 12b-25 (b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

 

☒     (a)   The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
  (b)   The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
  (c)   The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

FiscalNote Holdings, Inc. (the “Company”) is filing this Form 12b-25 with the Securities and Exchange Commission (the “SEC”) to postpone the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 (the “Form 10-Q”) beyond August 11, 2025, the prescribed due date for such filing. As disclosed in the Company’s Current Report on Form 8-K filed with the SEC, on August 5, 2025, the Company entered into a series of definitive agreements providing for refinancing of certain of the Company’s outstanding indebtedness. The transactions contemplated by the foregoing were completed on August 12, 2025, after the deadline for filing the Form 10-Q.

In light of the foregoing transactions, the Company requires additional time to finalize the Form 10-Q as the transactions will impact the disclosures in the Form 10-Q. As a result, the Company cannot, without unreasonable effort or expense, file its Form 10-Q on or prior to the prescribed due date. The Company expects to file its Form 10-Q on or before the fifth calendar day following the prescribed due date.

PART IV — OTHER INFORMATION

 

(1)     Name and telephone number of person to contact in regard to this notification
     Paul Donnell         (202)          793-5300
    (Name)     (Area Code)     (Telephone Number)
(2)     Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). ☒ Yes ☐ No
   
(3)     Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☐ Yes ☒ No
    If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

 

FiscalNote Holdings, Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: August 12, 2025     B:  

/s/ Jon Slabaugh

      Jon Slabaugh
      Chief Financial Officer

 

 
 

FAQ

Why did FiscalNote Holdings (NOTE) file Form 12b-25?

Because it could not file its Form 10-Q for the quarter ended June 30, 2025 by the August 11, 2025 due date due to definitive refinancing agreements entered August 5, 2025 and transactions completed August 12, 2025.

When does FiscalNote expect to file the delayed 10-Q?

On or before the fifth calendar day following the prescribed due date (the 10-Q was due August 11, 2025; the company expects to use the five-calendar-day extension).

What refinancing activity did FiscalNote disclose in the notification?

The company entered into definitive agreements to refinance certain outstanding indebtedness on August 5, 2025, and the transactions were completed on August 12, 2025.

Have all other required periodic reports been filed?

Yes. The filing states that all other periodic reports required under Section 13 or 15(d) during the preceding 12 months have been filed.

Will the delayed filing reflect a significant change in results of operations?

No. The company answered that it does not anticipate a significant change in results of operations to be reflected in the subject report.
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