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 continues to deliver tremendous value and positive results for thousands of global customers. We are confident that the company’s strong business fundamentals and go-forward strategy provide excellent prospects for continued growth. We look forward to partnering with FiscalNote and its experienced management team as they officially enter the public markets.”
Advisors
J.P. Morgan acted as financial advisor to FiscalNote. Citi, BTIG, LLC, Chardan, Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, D.A. Davidson & Co., EF Hutton, division of Benchmark Investments, LLC, and Northland Securities, Inc., acted as capital markets advisors to Duddell Street. Davis Polk & Wardwell LLP served as legal advisor to Duddell Street, and Paul Hastings LLP served as legal advisor to FiscalNote. Shearman & Sterling LLP served as legal advisor to Citi and J.P. Morgan.
Note: “Long-Term Growth Plan Funded by $425 Million in Capital”: consists of $175 million in proceeds from the business combination and a 5-year senior secured term loan of up to $250 million, including $150 million of committed financing at closing with an additional accordion facility for $100 million, subject to certain conditions.
About FiscalNote
FiscalNote is a leading technology provider of global policy and market intelligence. By uniquely combining AI technology, actionable data, and expert and peer insights, FiscalNote empowers customers to manage policy, address 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 with global offices in North America, Europe, Asia, and Australia. To learn more about FiscalNote and its family of brands, visit FiscalNote.com and follow @FiscalNote.
About Duddell Street Acquisition Corp.
Duddell Street Acquisition Corp. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses. Duddell Street is sponsored by Hong Kong-based hedge fund Maso Capital. Since inception, Maso Capital has invested in more than one thousand companies and situations across multiple sectors and geographies. Leveraging its stature and reputation in Hong Kong and its experienced investment team, Maso Capital has had investments in a number of TMT, healthcare, fintech and consumer companies in the region. For more information, please visit DSAC.co.
Additional Information and Where to Find It In connection with the Business Combination, Duddell Street has filed relevant materials with the SEC, including a registration statement on Form S-4, which includes a proxy statement/prospectus of Duddell Street, which was declared effective by the SEC on July 1, 2022, and will file other documents regarding the Business Combination with the SEC. Duddell Street’s shareholders and other interested persons are advised to read the definitive proxy statement and documents incorporated by reference therein filed in connection with the Business Combination, as these materials contain important information about FiscalNote, Duddell Street and the Business Combination. The documents filed by Duddell Street with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov.
