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Fiscal Note begins trading on the New York Stock Exchange Monday, August 1, 2022 Under the “note” label
Funded long-term development plan 425 million dollars In capital
Co-Founder, Chairman and CEO Tim Hwang will join Bell’s senior management and company staff for the ring’s opening on the New York Stock Exchange. on Thursday August 4, 2022
hong kong And Washington, July 29, 2022 /PRNewswire/ – Duddell Street Acquisition Corp. (Nasdaq: DSAC) (“Duddell Street”), a publicly traded special purpose buyout company, today announced that it has completed its business combination (the “Business Combination”) with FiscalNote Holdings. Inc. (“FiscalNote”), an AI-driven enterprise SaaS company that provides legal and regulatory information and insights.
In connection with the completion of the business combination, the Class A common stock and securities of Fiscal Note are expected to begin trading on the New York Stock Exchange. Monday, August 1, 2022 Under the signs “Note” and “NOTE WS” respectively. Next, Co-Founder, Chairman and CEO of Fiscal Note; Tim Huangring the NYSE opening bell 9:30 A.M, Thursday August 4, 2022 Celebrating Fiscal Note’s IPO with senior executives and employees of the company. A live feed of the opening bell is available at www.nyse.com/bell.
“Following the successful completion of this transaction, we are excited to enter the public markets. A new chapter is about to begin for FiscalNote, and we couldn’t be more excited about what’s to come,” he said. Tim Huang, co-founder, chairman and CEO of FiscalNote. “Being a public company will enhance and accelerate our growth strategy to better serve our global customers. A suite of results-oriented solutions on a global scale. We will focus on strengthening our execution capabilities in the near and long term on organic and inorganic growth opportunities – accelerating the future of regulated industries.” With a unique focus on an expanding market, our success is driven by mission, purpose and continued innovation, and the essential nature of what Fiscal Note offers endures and remains relevant. In a world where change and uncertainty are the only constants, we are more committed than ever to delivering lasting value to our customers, partners and shareholders. We are
“We are pleased to have completed our business combination with FiscalNote, and are excited about FiscalNote’s future as a market leader and category innovator,” he said. Manoj Jain.CEO of Dudell Street and Chief Investment Officer of Masso Capital. “FiscalNote’s exceptional track record of organic and inorganic growth – fueled by product innovation and strategic M&A planning – will enable the company to further disrupt its strategy of turning data and advisory-driven insights into action and transform the marketplace. There was no question. FiscalNote’s significant value led to our agreement last November As we announce to companies and organizations around the world, now, in the midst of increasing geopolitical uncertainty and market uncertainty, its mission and purpose are needed more than ever, and they continue to do so very much. Value and positive results for thousands of global customers. We are confident that it offers great prospects for continued growth. We look forward to partnering with Fiscal Note and its experienced management team as they officially enter the public market.”
Counselors
JP Morgan served as financial advisor to FiscalNote. Citi, BTIG, LLC, Chardan, Cohen & Company Capital Markets, JVB Financial Group, LLC, DA Davidson & Co., EF Hutton, Benchmark Investments Division, LLC and Northland Securities, Inc. Class, served as capital markets. Dudell Street Consultants. Davis Polk & Wardwell LLP acted as legal advisor to Dudell Street, and Paul Hastings LLP acted as legal advisor to FiscalNote. Sherman & Sterling LLP acted as legal counsel to Citi and JP Morgan.
Note: “Long-term development plan funded 425 million dollars It consists of capitals. 175 million dollars From business combination income and 5-year highly secured term loan up to 250 million dollarsincluding 150 million dollars Committed financing to close with additional accordion facility 100 million dollarsSubject to certain conditions.
About FiscalNote
FiscalNote is a leading technology provider of global policy and market information. By uniquely combining AI technology, actionable data, and expert and peer insights, Fiscal Note empowers clients to manage policy, accommodate regulatory developments, and mitigate global risk. Since 2013, FiscalNote has pioneered technology that delivers mission-critical insights and the tools to turn them into action. Home to CQ, equilibrium, FrontierView, Oxford Analytica, VoterVoice and many other industry-leading brands, FiscalNote serves more than 5,000 customers worldwide in North America, Europe, AsiaAnd Australia. Visit to learn more about FiscalNote and the brand family FiscalNote.com And follow @FiscalNote.
About Dudell Street Acquisition Corporation
Duddell Street Acquisition Corp is formed to effect a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination of one or more businesses. Dudell Street is sponsored by hong kong-based hedge fund Maso Capital. Since its inception, Maso Capital has invested in more than a thousand companies and situations in many sectors and geographies. Using his status and reputation hong kong And an experienced investment group, Maso Capital has made investments in TMT, healthcare, fintech and consumer companies in the region. For more information, please visit DSAC.co.
More information and where to find it
Duddell Street has filed relevant materials with the SEC in connection with the business combination, including a registration statement on Form S-4, which includes Duddell Street’s proxy statement/prospectus, which will be filed with the SEC. July 1, 2022, and files other documents with the SEC regarding the business combination. Dudell Street stockholders and other interested persons are advised to read the actual proxy statement and documents incorporated by reference in connection with the business combination because these materials contain important information about the Fiscal Note, Dudell Street and the business combination. Dudell Street’s filings with the SEC are available free of charge at the SEC’s website at www.sec.gov.
No offers or requests.
This communication does not constitute an offer to buy or sell any securities or any vote or approval, nor will there be any sale of securities in any jurisdiction where such offer, offer or sale is made. It is illegal before it is registered or qualified under the securities laws in such jurisdiction.
Use caution regarding forward-looking statements
This relationship Contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and expectations. future operations, products and services; and others are identified by words such as “will”, “expect”, “expect”, “estimate”, “believe”, “plan”, “plan”, “projection”, “pro forma”, “outlook”. “or words of similar meaning. These forward-looking statements describe the FiscalNote industry and market sizes, future opportunities for FiscalNote and Duddell Street, the estimated future results of FiscalNote and the proposed business combination between Duddell Street and FiscalNote, including pro forma market capitalization, pro forma revenue, expected Transaction and ownership structure and the likelihood, timing and ability of the parties to successfully complete the proposed transaction. Such forward-looking statements are based on the current beliefs and expectations of Dudell Street and Fiscal Note’s management and are inherently subject to significant business, economic and competitive uncertainties and contingencies. are, many of which are difficult to predict and are generally beyond the control of Duddell Street or Fiscal Note. Actual results and timing of events may differ materially from those anticipated in these forward-looking statements. Except as required by law, Duddell Street and Fiscal Note do not make forward-looking statements based on new information, future events or otherwise. They undertake no obligation to update or revise any applicable statements.
Contacts:
Media
Nicholas Graham
Fiscal note
[email protected]
Investors
ICR, Inc. For FiscalNote
Sean Hannan
[email protected]
Dudell Street Acquisition Corporation
Sam Joshi
[email protected]
Source fiscal note
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