Filed by Duddell Street Acquisition Corp.
This communication is filed pursuant to Rule 425
under the United States Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Duddell Street Acquisition
Corp.
Commission File Number: 001-39672
Date: March 10, 2022
Recorded Webcast Features Overview of FiscalNote’s
Preliminary Results for the Fourth Quarter and
Fiscal Year 2021 and 2022 Financial Outlook
CEO & Co-Founder Tim Hwang Provides
Comments & Presentation
WASHINGTON, D.C. – Thursday, March 10, 2022 - FiscalNote
Holdings, Inc. (“FiscalNote”) today made available a pre-recorded webcast, led by CEO & Co-founder Tim Hwang, which
provides an overview of FiscalNote’s preliminary results for the fourth quarter and fiscal year ended December 31, 2021 and
2022 financial outlook.
The webcast is available here
and was posted at 9:00 a.m. ET on March 10, 2022.
The press release about FiscalNote’s
preliminary results for the fourth quarter and fiscal year ended December 31, 2021 and 2022 financial outlook is available here.
About FiscalNote
FiscalNote is a leading global technology
provider of legal and policy data and insights. By combining AI capabilities, expert analysis, and legislative, regulatory, and geopolitical
data, FiscalNote is reinventing the way that organizations minimize risk and capitalize on opportunity. Home to CQ, Roll Call, Oxford
Analytica, and VoterVoice, FiscalNote empowers clients worldwide to monitor, manage, and act on the issues that matter most to them.
To learn more about FiscalNote and its family of brands, visit FiscalNote.com and follow @FiscalNote.
Contacts:
Media
FiscalNote
Nicholas Graham
press@fiscalnote.com
Investors
ICR, Inc. for FiscalNote
Sean Hannan
IR@fiscalnote.com
Additional Information and
Where to Find It
In
connection with its proposed business combination with FiscalNote Holdings, Inc. (“FiscalNote”), Duddell Street Acquisition
Corp. (Nasdaq: DSAC) ("Duddell Street") has filed relevant materials with the Securities and Exchange Commission ("SEC"),
including a registration statement on Form S-4, which includes a proxy statement/prospectus of Duddell Street, and will file other
documents regarding the proposed business combination with the SEC. Duddell Street's shareholders and other interested persons are advised
to read the preliminary proxy statement/prospectus and the amendments thereto and, when available, the definitive proxy statement and
documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain
important information about FiscalNote, Duddell Street and the proposed business combination. Promptly after the Form S-4 is declared
effective by the SEC, Duddell Street will mail the definitive proxy statement/prospectus and a proxy card to each shareholder entitled
to vote at the meeting relating to the approval of the business combination and other proposals set forth in the proxy statement/prospectus.
Before making any voting or investment decision, investors and shareholders of Duddell Street are urged to carefully read the entire registration
statement and proxy statement/prospectus, when they become available, and any other relevant documents filed with the SEC, as well as
any amendments or supplements to these documents, because they will contain important information about the proposed business combination.
The documents filed by Duddell Street with the SEC may be obtained free of charge at the SEC's website at www.sec.gov.
This
communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote
or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such jurisdiction.
Participants in the Solicitation
Duddell Street and its directors and executive
officers may be deemed participants in the solicitation of proxies from its shareholders with respect to the business combination. A list
of the names of those directors and executive officers and a description of their interests in Duddell Street will be included in the
proxy statement/prospectus for the proposed business combination when available at www.sec.gov. Information about Duddell
Street’s directors and executive officers and their ownership of Duddell Street shares is set forth in Duddell Street’s prospectus,
dated October 28, 2020. Other information regarding the interests of the participants in the proxy solicitation will be included
in the proxy statement/prospectus pertaining to the proposed business combination when it becomes available. These documents can be obtained
free of charge from the source indicated above.
FiscalNote and its directors and executive officers
may also be deemed to be participants in the solicitation of proxies from the shareholders of Duddell Street in connection with the proposed
business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed
business combination will be included in the proxy statement/prospectus for the proposed business combination.
Cautionary Statement Regarding Forward-Looking
Statements
This communication 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 about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations,
products and services; and other statements identified by words such as “will,” “are expected to,” “is anticipated,”
“estimated,” “believe,” “intend,” “plan,” “projection,” “pro forma,”
“outlook” or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding
FiscalNote’s industry and market sizes, future opportunities for FiscalNote and Duddell Street, FiscalNote’s estimated future
results and the proposed business combination between Duddell Street and FiscalNote, including pro forma market capitalization, pro forma
revenue, the expected transaction and ownership structure and the likelihood, timing and ability of the parties to successfully consummate
the proposed transaction. Such forward-looking statements are based upon the current beliefs and expectations of Duddell Street’s
and FiscalNote’s management and are inherently subject to significant business, economic and competitive uncertainties and contingencies,
many of which are difficult to predict and generally beyond Duddell Street’s or FiscalNote’s control. Actual results and the
timing of events may differ materially from the results anticipated in these forward-looking statements. Except as required by law, Duddell
Street and FiscalNote do not undertake any obligation to update or revise any forward-looking statements whether as a result of new information,
future events or otherwise.
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