{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/THNC",
 "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# Thinkific Labs Inc. (TSX: THNC) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Thinkific Labs Inc., listed on the TSX under ticker THNC, with LEI 549300ZDV691W5HGP697. The ISIN is not on the record, apart from a single weak mention of CA8841213025. Its security type is Corporate, its sector is Technology, and its jurisdiction is Canada (federal) (CA). The segment is not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 19 filings in the twelve months to 2026-11-06, across 16 filing days. The median gap between filing days is 20 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date. On the TSX the median cadence gap is 16 days, the median filings figure is 0.0, and the median latency is 3.0 days. In the Technology sector the median cadence gap is 16.5 days, the median filings figure is 9, and the median latency is 10.5 days.\n\n## Auditor\n\nThe auditor of record is not on the record, and none 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 halt flag reads listed, not halted.\n\n## Orderability\n\nUnder the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for paragraph (o) of the definition is signal ACM-200, determinable. The outcome for paragraph (q) of the definition is signal ACM-200, determinable.\n\n## Coverage\n\nThe issuer's own investor-relations page names 4 research houses: ATB Cormark Capital Markets, BMO, CIBC and Canaccord Genuity.\n\n## Open research\n\nNo openly published research notes were found 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 record holds no sealed years for this issuer, and the market's vintage is not sealed. The market's earliest sealed date is not on the record. The live record began on 2026-09-10. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n8 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://api.gleif.org/api/v1/lei-records/549300ZDV691W5HGP697 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/THNC (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://investors.thinkific.com/analyst-coverage (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSX/THNC (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/THNC",
  "coverage": {
   "count": 4,
   "houses": [
    {
     "analyst": "Gavin Fairweather",
     "house": "ATB Cormark Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investors.thinkific.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Thanos Moschopoulos",
     "house": "BMO",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investors.thinkific.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Todd Coupland",
     "house": "CIBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investors.thinkific.com/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Robert Young",
     "house": "Canaccord Genuity",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://investors.thinkific.com/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://investors.thinkific.com/analyst-coverage",
     "result": "read: 4 of 8 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 297,
     "median_cadence_gap_days": 16.5,
     "median_filings": 9,
     "median_latency_days": 10.5,
     "name": "Technology"
    }
   },
   "by_type": {
    "agm_record_date": 2,
    "corporate_action": 1,
    "financial_statement": 9,
    "newswire_release": 7
   },
   "cadence_median_gap_days": 20,
   "filing_days": 16,
   "filings": 19,
   "latency_days": 3,
   "latest": [
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www.newswire.ca/news-releases/thinkific-appoints-amanda-malko-president-and-chief-revenue-officer-801149641.html",
     "title": "Thinkific Appoints Amanda Malko President and Chief Revenue Officer",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www.newswire.ca/news-releases/thinkific-announces-third-quarter-2026-financial-results-890561750.html",
     "title": "Thinkific Announces Third Quarter 2026 Financial Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-10-16",
     "source": "https://www.newswire.ca/news-releases/thinkific-announces-timing-of-third-quarter-fiscal-2026-financial-results-conference-call-820198760.html",
     "title": "Thinkific Announces Timing of Third Quarter Fiscal 2026 Financial Results Conference Call",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-09-23",
     "source": "https://www.newswire.ca/news-releases/thinkific-reorganizes-to-focus-investments-on-growth-opportunities-and-maximize-free-cash-flow-804534991.html",
     "title": "Thinkific Reorganizes to Focus Investments on Growth Opportunities and Maximize Free Cash Flow",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-10",
     "source": "https://www.businesswire.com/news/home/20260908075617/en/Articulate-and-Thinkific-Announce-Partnership-and-Articulates-First-Native-Third-Party-LMS-Integration",
     "title": "Articulate and Thinkific Announce Partnership and Articulate's First Native Third-Party LMS Integration",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/THNC",
   "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": "single weak ISIN mention: CA8841213025",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300ZDV691W5HGP697",
    "state": "sourced",
    "value": "Canada (federal) (CA)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300ZDV691W5HGP697",
    "state": "sourced",
    "value": "549300ZDV691W5HGP697"
   },
   "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": "Thinkific Labs 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": "Technology"
   },
   "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": "THNC"
   },
   "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:fe1527ad7f1acfdc0cc454e978898d0b6ff38347c6b8dc4bdeb2aa6b83761f64",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "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/THNC",
   "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:fe1527ad7f1acfdc0cc454e978898d0b6ff38347c6b8dc4bdeb2aa6b83761f64",
 "path": "/ca/TSX/THNC",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Thinkific Labs Inc., listed on the TSX under ticker THNC, with LEI 549300ZDV691W5HGP697. The ISIN is not on the record, apart from a single weak mention of CA8841213025. Its security type is Corporate, its sector is Technology, and its jurisdiction is Canada (federal) (CA). The segment is not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 19 filings in the twelve months to 2026-11-06, across 16 filing days. The median gap between filing days is 20 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date. On the TSX the median cadence gap is 16 days, the median filings figure is 0.0, and the median latency is 3.0 days. In the Technology sector the median cadence gap is 16.5 days, the median filings figure is 9, and the median latency is 10.5 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and none 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 halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for paragraph (o) of the definition is signal ACM-200, determinable. The outcome for paragraph (q) of the definition is signal ACM-200, determinable.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 4 research houses: ATB Cormark Capital Markets, BMO, CIBC and Canaccord Genuity.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found 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 record holds no sealed years for this issuer, and the market's vintage is not sealed. The market's earliest sealed date is not on the record. The live record began on 2026-09-10. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 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.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300ZDV691W5HGP697"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/THNC"
  },
  {
   "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": "coverage",
   "source": "https://investors.thinkific.com/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/THNC"
  }
 ],
 "title": "Thinkific Labs Inc. (THNC) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}