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Full Business Integration of Duddell Street Acquisition Corp. and FiscalNote

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FiscalNote begins trading on the New York Stock Exchange Monday, August 1, 2022 Under the ticker symbol “NOTE”

Funded long-term growth plan $425 million Capital

Co-founder, Chairman and CEO Tim Huang joins senior leadership of the New York Stock Exchange and company employees to ring the opening bell upon Thursday, August 4, 2022

Hong Kong When Washington, July 29, 2022 /PRNewswire/ — Duddell Street Acquisition Corp. (Nasdaq: DSAC) (“Duddell Street”), a publicly traded special purpose acquisition company, today announced the completion of its business combination (the “Business Combination”) with FiscalNote Holdings Did. Inc. (“FiscalNote”) is a leading AI-driven enterprise SaaS company that provides legal and regulatory data and insights.

In connection with the closing of the business combination, Fiscalnaut’s Class A common stock and warrants are expected to begin trading on the New York Stock Exchange on the 21st. Monday, August 1, 2022 They appear under the ticker symbols “NOTE” and “NOTE WS” respectively. Co-Founder, Chairman and CEO of FiscalNote, Tim Fanrings the opening bell of the New York Stock Exchange 9:30 a.m. ET, Thursday, August 4, 2022 Attended alongside the company’s senior leaders and employees to celebrate FiscalNote’s public trading debut. A live feed of the bell opening can be found here:

“We are thrilled to enter the public market following the successful completion of this transaction. A new chapter of FiscalNote is about to begin and we could not be more enthusiastic about what is to come.” Told. Tim Fan, Co-Founder, Chairman and CEO of FiscalNote. “Becoming a publicly traded company strengthens and accelerates our growth strategy, which is to better serve our customers around the world through a world-class suite of results-driven solutions. , we will continue to focus on strengthening our ability to deliver short-term and long-term organic growth, with a particular focus on the rapidly expanding markets of future regulated industries. Though guided by continuous innovation, the essential nature of what Fiscalnaut offers remains unwavering, enduring and essential.In a world where only change and uncertainty are ever present, we are more than ever. We are committed to delivering lasting value to our customers, partners and shareholders.”

“We are delighted to have completed our business integration with Fiscalnaut and are very excited about the future of Fiscalnaut as a market leader and category creator.” Manoj Jain, CEO of Duddell Street and Co-Chief Investment Officer of Maso Capital. “FiscalNote’s extraordinary track record of organic and inorganic growth is underpinned by product innovation and strategic M&A plans to further disrupt and revolutionize markets with a strategy of turning data and advisory-driven insights into action. There was no doubt about the intrinsic value of FiscalNote to businesses and organizations around the world when we first announced the agreement last November. In an environment of heightened market and market volatility, its mission and purpose are more needed than ever and continue to deliver tremendous results.We are confident that the company’s strong operating base and forward strategy will We are confident it will provide excellent prospects for continued growth. We look forward to partnering with Fiscalnaut and its experienced management team as they officially enter the public markets.”

JP Morgan acted as financial advisor to Fiscalnaut. Citi, BTIG, LLC, Chardan, Cohen & Company Capital Markets, a division of JVB Financial Group, LLC, DA Davidson & Co., EF Hutton, a division of Benchmark Investments, LLC, and Northland Securities, Inc. act as capital markets Advisor of Duddle Street. Davis Polk & Wardwell LLP acted as legal counsel to Duddell Street and Paul Hastings LLP acted as legal counsel to FiscalNote. Shearman & Sterling LLP acted as legal counsel to Citi and his JP Morgan.

Note: “Long-term growth plan $425 million in Capital”: consists of $175 million Business Combination Proceeds and Senior Secured Term Loans of up to 5 Years $250 millioninclude $150 million of funding committed at closing in an additional accordion facility $100 millioncertain conditions apply.

About Fiscal Note
FiscalNote is a leading technology provider of global policy and market information. With a unique combination of AI technology, actionable data, expert and peer insights, FiscalNote empowers customers to manage policy, respond to 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 of his customers worldwide. North America, Europe, AsiaWhen AustraliaFor more information about FiscalNote and its family of brands, please visit Follow @FiscalNote.

About Duddell Street Acquisition Corp.
Duddell Street Acquisition Corp. was formed for the purpose of a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies.Duddle Street Sponsors Hong Kongbased hedge fund Maso Capital. Since its inception, Maso Capital has invested in his 1,000+ companies and situations across multiple sectors and geographies.Leverage your fame and reputation in Hong Kong and its experienced investment team, Maso Capital, have invested in many TMT, healthcare, fintech, and consumer companies in the region. For more information, visit

Additional Information and Where to Find It
In connection with the business combination, Duddell Street has filed relevant documents with the SEC. This includes a registration statement on Form S-4. This includes Duddell Street’s proxy statement/prospectus which has been declared valid by the SEC. July 1, 2022, and other documents relating to the business combination with the SEC. Duddell Street stockholders and other interested parties are advised that the FiscalNote, Duddell Street, and the definitive proxy statement filed in connection with the business combination and incorporated by reference, as they contain important information regarding the business combination. We recommend that you read the document The documents filed by Duddell Street with the SEC are available free of charge at the SEC’s website at

No offer or solicitation
This notice does not constitute an offer to sell or the solicitation of an offer to buy or the solicitation of any vote or approval of any securities and no sale of securities will take place in any jurisdiction in which such offer, solicitation or sale is made. Shall not. Unlawful conduct prior to registration or qualification under the securities laws of such jurisdiction.

Cautionary Note Regarding Forward-Looking Statements
This notice contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding future financial and operating results, plans, objectives, expectations and intentions. future operations, products and services; and “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, “predict”, “pro forma”, “outlook” Other descriptions identified by words such as ” or words of similar import. These forward-looking statements include, but are not limited to, Fiscalnote’s industry and market size, Fiscalnote’s and Duddell Street’s future opportunities, Fiscalnote’s projected future results and estimated market capitalization of Duddell Street and Fiscalnote. including, but not limited to, statements regarding the proposed business combination between pro forma earnings, anticipated 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 the management of Duddell Street and Fiscalnaut and are subject to inherently material business, economic and competitive uncertainties and contingencies. It is susceptible, many of which are difficult to predict, and generally beyond the control of Duddell Street or Fiscal Note. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Duddell Street and FiscalNote undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

contact address:


Nicholas Graham
accounting notes
[email protected]


ICR, Inc. for FiscalNote
Sean Hannan
[email protected]

Duddell Street Acquisition Corporation
Sam Joshi
[email protected]

SOURCE Fiscal Notes