FiscalNote is trading 9.6% up today at $0.12 as the stock stabilizes following steep losses tied to its New York Stock Exchange delisting and related debt default issues.
- The NYSE moved to halt and delist the company after its share price failed to maintain the $1 minimum requirement.
- While short-term creditor forbearance deals temporarily waive covenant breaches, restructuring and solvency risks continue to weigh on the outlook.