FiscalNote is trading 8.1% down at $0.11 as investors react to the expiration of a key forbearance agreement and heightened credit risks following its NYSE delisting.
- The expiration of the agreement with subordinated creditors opens the door to potential enforcement actions and increased restructuring pressure.
- A broad sell-off across the technology and software sectors is further weighing on market sentiment, compounding the downward pressure on the stock.