Image credits: FiscalNote via LinkedIn
News Article

FiscalNote Debuts on the New York Stock Exchange

By Miriam Bello | Tue, 08/02/2022 - 14:09

FiscalNote (NYSE: NOTE) celebrated its debut as a public company on the New York Stock Exchange following the completion of a business combination with Duddell Street Acquisition Corporation. FiscalNote’s Class A common stock and warrants began trading on the New York Stock Exchange on Monday, Aug. 1, 2022.

FiscalNote, home to CQ, Equilibrium, FrontierView, Oxford Analytica, VoterVoice, and many other industry-leading brands, is set to begin a new chapter as it enters the public markets following the successful conclusion of this transaction. “We remain focused on strengthening our ability to execute on near and long-term organic and inorganic growth opportunities, with a special emphasis on the rapidly-expanding market of regulated industries of the future. Our success will be guided by mission, purpose, and continued innovation, while the essential nature of what FiscalNote offers will remain steadfastly durable and essential in a world where change and uncertainty are the only constant,” said Tim Hwang, Co-Founder, Chairman and CEO, FiscalNote.

FiscalNote is a leading AI-driven SaaS company that delivers legal and regulatory data and insights. Duddell Street Acquisition Corporation is a publicly-traded special purpose acquisition company. The business combination was first announced in November 2021 and officially approved in July 2022 with 92.5 percent of votes in favor.

“There was no question of FiscalNote’s essential value to companies and organizations around the world when we first announced our agreement in November last year. Now, in a climate of increasing geopolitical uncertainty and market volatility, its mission and purpose are needed more than ever, and continue to deliver tremendous value and positive results for thousands of global customers,” said Manoj Jain, CEO, Duddell Street.

Following this event, Hwang became one of the youngest Asian American CEO/Co-founders on a major US stock exchange. FiscalNote opened today at US$8.07.

Mexico Business is currently in a partnership with FrontierView (part of FiscalNote) centered around MexicoView: the premier, invitation-only community of multinational business leaders focused on Mexico.

Miriam Bello Miriam Bello Senior Journalist and Industry Analyst