NOTE · FiscalNote Holdings, Inc. · Held by Funds

Substantial doubt about the company's ability to continue as a going concern.

“These conditions, considered in the aggregate, raise substantial doubt about the Company's ability to continue as a going concern and meet the Company's obligations as they become due within one year after the date the financial statements are issued. ... However, at this time management concluded that its plans do not alleviate substantial doubt, as there can be no assurance that any of these plans will be successfully implemented on acceptable terms, or at all.”