FiscalNote Holdings, Inc. (NOTE): Going concern doubt
Severity scores the disclosed filing signal, not a judgment about the company or its securities.
What was disclosed
Liquidity and Management's Plan As described in Note 1 to the consolidated financial statements, the Company disclosed certain adverse conditions that raise substantial doubt about the Company’s ability to meet its obligations as they become due and continue as a going concern for a period of at least one year from the date of issuance of the consolidated financial statements.
Why it matters
A going-concern disclosure reflects substantial doubt about the company's ability to continue operating.