FiscalNote Holdings Inc., a global leader in AI-driven policy and regulatory intelligence, today announced successful divestiture of FrontierView, its market intelligence business, to Oxford Economics, world's foremost independent economic advisory firm. Transaction sharpens FiscalNote's focus on core policy and regulatory intelligence business and flagship platform, PolicyNote, while simplifying operations and strengthening Company's balance sheet.
Transaction further simplifies core business, drives operating efficiencies, and strengthens balance sheet. FiscalNote updates full-year 2026 guidance to reflect transaction; outlook for core policy business unchanged.
In connection with divestiture, FiscalNote is updating full-year 2026 guidance issued on August 10, 2026 to reflect removal of FrontierView from its results as of closing date. On this basis, Company now expects full-year 2026 revenue of $74 to $76 million and adjusted EBITDA of $8 to $10 million. This revision does not represent any change in Company's expectations for its core Policy business.
Divestiture concentrates FiscalNote's resources on differentiated, proprietary assets at heart of its business legislative, regulatory, and policy intelligence delivered through PolicyNote and powered by decades of trusted analysis behind CQ and Roll Call. It continues Company's strategy of focusing on its core, reducing complexity, and driving operating efficiency.
"FrontierView is strong business with talented team, and Oxford Economics is right home for this team and their clients," said Key Compton, President and Chief Executive Officer of FiscalNote. "For FiscalNote, this sale reflects discipline we're applying across company which is focused on operating model built around proprietary policy and regulatory intelligence customers can't get anywhere else. Divestiture also simplifies business, strengthens balance sheet, and concentrates resources on core, where we see clearest path to durable growth."
About FiscalNote
FiscalNote , the global leader in AI-driven policy intelligence, delivers its deep expertise in legislative tracking, regulatory analysis, and stakeholder engagement through PolicyNote, its flagship platform. Built to ensure the most complete, real-time view of the policy landscape, PolicyNote delivers synthesized, expert-driven analysis integrated with AI-powered monitoring, fueled by the trusted analysis and reporting of CQ and Roll Call, and the grassroots mobilization power of VoterVoice. From the committee room to the board room, FiscalNote’s PolicyNote Suite ensures every user has the unmatched clarity and speed needed to understand and impact policy.
About Oxford Economics
Oxford Economics is the world’s foremost independent economic advisory firm. Covering over 200 countries, 100 industrial sectors, and 8,000 cities and regions, we provide rigorous economic analysis and forecasting to empower leaders to make faster, more confident decisions in an uncertain world.
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