{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/XNDU",
 "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# Xanadu Quantum Technologies Limited (TSX: XNDU) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nXanadu Quantum Technologies Limited is listed on the TSX under the ticker XNDU. The ISIN is not on the record, and the LEI is 254900ERDXSXKJDE3515. The security type is Corporate, the segment is not on the record, the sector is Technology, and the jurisdiction is Ontario (CA-ON). 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, across 14 filing days, of which 1 is a financial statement and 14 are newswire releases. The median gap between filing days is 10 days. The latest filing is dated 2026-10-26 and is a financial statement, 11 days before the record date. The TSX median cadence gap is 16 days, with a median latency of 3.0 days and a median of 0.0 filings. The Technology sector median cadence gap is 16.5 days, with a median of 9 filings and a median latency of 10.5 days.\n\n## Auditor\n\nThe auditor of record is KPMG LLP, with its location 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 events. The halt flag is listed, not halted.\n\n## Orderability\n\nFor paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. For paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page.\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 market's vintage is not sealed. The record holds no sealed issuer years and no sealed market earliest date, and the live record began on 2026-09-10. Years 2021 through 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/254900ERDXSXKJDE3515 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/XNDU (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://www.stocktitan.net/sec-filings/XNDU/20-f-xanadu-quantum-technologies-ltd-files-annual-report-foreign-issu-dd20fa056d90.html (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSX/XNDU (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": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.stocktitan.net/sec-filings/XNDU/20-f-xanadu-quantum-technologies-ltd-files-annual-report-foreign-issu-dd20fa056d90.html",
    "state": "sourced",
    "value": "KPMG LLP"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/XNDU",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 297,
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     "median_filings": 9,
     "median_latency_days": 10.5,
     "name": "Technology"
    }
   },
   "by_type": {
    "financial_statement": 1,
    "newswire_release": 14
   },
   "cadence_median_gap_days": 10,
   "filing_days": 14,
   "filings": 15,
   "latency_days": 11,
   "latest": [
    {
     "category": null,
     "date": "2026-10-26",
     "source": "https://www.globenewswire.com/news-release/2026/10/26/3388579/0/en/xanadu-to-report-third-quarter-2026-financial-results-on-november-11th-2026.html",
     "title": "Xanadu to Report Third Quarter 2026 Financial Results on",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-10-19",
     "source": "https://www.globenewswire.com/news-release/2026/10/19/3383264/0/en/xanadu-secures-up-to-usd-10-million-in-additional-darpa-support-to-accelerate-quantum-r-d-roadmap.html",
     "title": "Xanadu Secures Up to USD $10 Million in Additional DARPA",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-16",
     "source": "https://www.newswire.ca/news-releases/founder-and-ceo-of-xanadu-quantum-technologies-named-ey-entrepreneur-of-the-year-r-2026-ontario-860642037.html",
     "title": "Founder and CEO of Xanadu Quantum Technologies named EY Entrepreneur Of The Year® 2026 Ontario",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-16",
     "source": "https://www.newswire.ca/fr/news-releases/le-fondateur-et-chef-de-la-direction-de-xanadu-quantum-technologies-nomme-entrepreneur-de-l-annee-d-ey-2026-de-l-ontario-807449285.html",
     "title": "Le fondateur et chef de la direction de Xanadu Quantum Technologies nommé Entrepreneur de l'année d'EY 2026 de l'Ontario",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-06",
     "source": "https://www.globenewswire.com/news-release/2026/10/06/3375326/0/en/xanadu-and-globalfoundries-announce-strategic-partnership-to-accelerate-utility-scale-quantum-manufacturing.html",
     "title": "Xanadu and GlobalFoundries Announce Strategic Partnership",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-10-26",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/XNDU",
   "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": {
    "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/254900ERDXSXKJDE3515",
    "state": "confirmed",
    "value": "Ontario (CA-ON)"
   },
   "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/254900ERDXSXKJDE3515",
    "state": "sourced",
    "value": "254900ERDXSXKJDE3515"
   },
   "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": "Xanadu Quantum Technologies Limited"
   },
   "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": "XNDU"
   },
   "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": "sha256:2c9cf969df7a3c2ee8959fec115b13f662fa1454d47ccc2c22a1876935efb303",
  "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/XNDU",
   "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": "sha256:2c9cf969df7a3c2ee8959fec115b13f662fa1454d47ccc2c22a1876935efb303",
 "path": "/ca/TSX/XNDU",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Xanadu Quantum Technologies Limited is listed on the TSX under the ticker XNDU. The ISIN is not on the record, and the LEI is 254900ERDXSXKJDE3515. The security type is Corporate, the segment is not on the record, the sector is Technology, and the jurisdiction is Ontario (CA-ON). 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, across 14 filing days, of which 1 is a financial statement and 14 are newswire releases. The median gap between filing days is 10 days. The latest filing is dated 2026-10-26 and is a financial statement, 11 days before the record date. The TSX median cadence gap is 16 days, with a median latency of 3.0 days and a median of 0.0 filings. The Technology sector median cadence gap is 16.5 days, with a median of 9 filings and a median latency of 10.5 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is KPMG LLP, with its location 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 events. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. For paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page.",
   "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 market's vintage is not sealed. The record holds no sealed issuer years and no sealed market earliest date, and the live record began on 2026-09-10. Years 2021 through 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/254900ERDXSXKJDE3515"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/XNDU"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the auditor",
   "source": "https://www.stocktitan.net/sec-filings/XNDU/20-f-xanadu-quantum-technologies-ltd-files-annual-report-foreign-issu-dd20fa056d90.html"
  },
  {
   "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/XNDU"
  }
 ],
 "title": "Xanadu Quantum Technologies Limited (XNDU) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}