FiscalNote Broadcasts Monetary Advisor Retention by…
Washington, DC – Monday, November 20, 2023 – FiscalNote Holdings, Inc. introduced… (NYSE: NOT), a number one supplier of AI-based enterprise SaaS know-how for international coverage and intelligence, beforehand introduced that the Board of Administrators had established a particular committee (“Particular Committee”) to guage any proposal it receives from the CEO. to the Firm and its co-founder, Tim Hwang, in reference to a possible non-public sector transaction, in addition to another transaction proposals submitted to the Firm. The Particular Committee has now retained Centerview Companions LLC as its unbiased monetary advisor.
Moreover, on November 17, 2023, Mr. Hwang filed an modification to Schedule 13D by which he confirmed that he would situation any proposed non-public transaction on the approval of the Particular Committee and a majority of the Firm’s unaffiliated shareholders.
There may be no assurance that the foregoing will lead to any transaction or different strategic change or final result, or as to the timing of any of the foregoing. The Firm doesn’t anticipate to remark additional on this until a particular committee opinions and recommends a selected and relevant transaction to the Board of Administrators, or till the Firm determines that extra disclosure is suitable or required beneath relevant securities legal guidelines.
As beforehand introduced, the Particular Committee has retained Skadden, Arps, Slate, Meagher & Flom LLP as its unbiased authorized counsel.
In regards to the monetary memorandum
FiscalNote (NYSE:NOTE) is a number one international coverage and intelligence firm. By uniquely combining knowledge, know-how and insights, FiscalNote empowers prospects to handle political and enterprise dangers. Since 2013, FiscalNote has been a know-how chief that delivers essential insights and the instruments to show them into motion. House to CQ, FrontierView, Oxford Analytica, VoterVoice and plenty of different industry-leading manufacturers, FiscalNote serves roughly 5,000 prospects worldwide via international workplaces in North America, Europe, Asia and Australia. To be taught extra about FiscalNote and its household of manufacturers, go to FiscalNote.com and comply with @FiscalNote.
Click on @fiscalnote.com
Supply: Monetary memorandum