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The New York Stock Exchange (NYSE) has officially commenced proceedings to delist FiscalNote Holdings, Inc. (NOTE) from its platform. Trading in the company's Class A common stock and its associated warrants has been suspended with immediate effect. According to NYSE Regulation, the decision was made after determining that the company is no longer suitable for continued listing on the exchange. The affected securities include the common stock trading under the symbol NOTE and warrants under NOTE.WS. This move typically follows a company's failure to meet specific financial requirements, such as minimum market capitalization or share price thresholds. Investors should expect a significant reduction in liquidity as the securities transition away from a major national exchange to over-the-counter markets.
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