{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/DRX",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ADF Group Inc. (TSX: DRX) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ADF Group Inc., listed on the TSX under ticker DRX. The ISIN and LEI are not on the record. The security type is Corporate. The segment is not on the record. The sector is Industrial Products & Services. The jurisdiction is not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 15 filings in the twelve months to 2026-11-06, falling on 15 filing days. Of these, 1 is a financial statement and 14 are newswire releases. The median gap between filing days is 13.5 days. The latest filing is dated 2026-10-15 and is a newswire release, 22 days before the record date. The TSX median cadence gap is 16 days across 2270 issuers, with a median of 0.0 filings and a median latency of 3.0 days. The Industrial Products & Services median cadence gap is 23.5 days across 127 issuers, with a median of 11 filings and a median latency of 6.0 days.\n\n## Auditor\n\nThe auditor of record is not on the record, as no auditor was found. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move lines. The issuer is listed and not halted.\n\n## Orderability\n\nUnder rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, the outcome for Paragraph (o) of the definition is signal ACM-200, and it is determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, and it is determinable. The chapter is as of 2026-11-04.\n\n## Coverage\n\nThe field has not been read. No count of research houses named on the issuer's investor-relations page is on the record.\n\n## Open research\n\nThe field has not been read. No count of openly published research notes is on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. The live record began on 2026-09-10. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but are not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/DRX (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSX/DRX (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/DRX",
  "coverage": {
   "note": "the coverage field has not been read for this issuer",
   "state": "not_read"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 127,
     "median_cadence_gap_days": 23.5,
     "median_filings": 11,
     "median_latency_days": 6,
     "name": "Industrial Products & Services"
    }
   },
   "by_type": {
    "financial_statement": 1,
    "newswire_release": 14
   },
   "cadence_median_gap_days": 13.5,
   "filing_days": 15,
   "filings": 15,
   "latency_days": 22,
   "latest": [
    {
     "category": null,
     "date": "2026-10-15",
     "source": "https://www.newswire.ca/news-releases/adf-group-announces-the-signing-of-a-series-of-new-contracts-in-canada-and-the-united-states-worth-a-total-of-82-million-833127831.html",
     "title": "ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN CANADA AND THE UNITED STATES WORTH A TOTAL OF $82 MILLION",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-10",
     "source": "https://www.newswire.ca/news-releases/adf-group-inc-announces-the-results-of-the-three-month-and-six-month-periods-ended-july-31-2026-852859808.html",
     "title": "ADF GROUP INC. ANNOUNCES THE RESULTS OF THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JULY 31, 2026",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-03",
     "source": "https://www.newswire.ca/news-releases/q2-2027-conference-call-invitation-877877506.html",
     "title": "Q2-2027 CONFERENCE CALL INVITATION",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-07-02",
     "source": "https://www.newswire.ca/news-releases/adf-group-inc-announces-proposed-financing-from-investissement-quebec-860756846.html",
     "title": "ADF GROUP INC. ANNOUNCES PROPOSED FINANCING FROM INVESTISSEMENT QUÉBEC",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-06-30",
     "source": "https://www.newswire.ca/news-releases/adf-group-announces-the-signing-of-a-series-of-new-contracts-in-the-united-states-worth-127-million-806377712.html",
     "title": "ADF GROUP ANNOUNCES THE SIGNING OF A SERIES OF NEW CONTRACTS IN THE UNITED STATES WORTH $127 MILLION",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-10-15",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/DRX",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "lei": {
    "market": "CA",
    "reason": "no ISIN",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "ADF Group Inc."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Industrial Products & Services"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "DRX"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:47e98207acec9411df9442cea6b3ea5e60d3ba3d3d1d2933a8d4fee651810304",
  "open_research": {
   "rows": [],
   "state": "not_read"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/DRX",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:47e98207acec9411df9442cea6b3ea5e60d3ba3d3d1d2933a8d4fee651810304",
 "path": "/ca/TSX/DRX",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ADF Group Inc., listed on the TSX under ticker DRX. The ISIN and LEI are not on the record. The security type is Corporate. The segment is not on the record. The sector is Industrial Products & Services. The jurisdiction is not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 15 filings in the twelve months to 2026-11-06, falling on 15 filing days. Of these, 1 is a financial statement and 14 are newswire releases. The median gap between filing days is 13.5 days. The latest filing is dated 2026-10-15 and is a newswire release, 22 days before the record date. The TSX median cadence gap is 16 days across 2270 issuers, with a median of 0.0 filings and a median latency of 3.0 days. The Industrial Products & Services median cadence gap is 23.5 days across 127 issuers, with a median of 11 filings and a median latency of 6.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, as no auditor was found. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move lines. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, the outcome for Paragraph (o) of the definition is signal ACM-200, and it is determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, and it is determinable. The chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The field has not been read. No count of research houses named on the issuer's investor-relations page is on the record.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The field has not been read. No count of openly published research notes is on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. The live record began on 2026-09-10. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but are not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/DRX"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/DRX"
  }
 ],
 "title": "ADF Group Inc. (DRX) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}