FiscalNote Holdings, Inc. filed with the SEC on May 23, 2025, for the resale of up to 12.5 million shares of its Class A Common Stock by selling stockholders. This filing provides notice of a potential offering by existing shareholders.
The offering by selling stockholders could increase the number of shares available in the market. This type of filing allows existing investors to sell their holdings, which can sometimes create downward pressure on the stock price.
The company's filing does not indicate an issuance of new shares by FiscalNote itself, but rather the potential sale of shares already outstanding. Investors will monitor the market's absorption of these shares.
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