{ "as_of": "2026-11-06", "cmr": "ca-cm-kg/TSXV/DFSC", "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# DEFSEC Technologies Inc. (TSXV: DFSC) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is DEFSEC Technologies Inc., listed on the TSXV under ticker DFSC. Its ISIN is CA2447781063 and its LEI is not on the record, as the ISIN is not in the GLEIF ISIN-to-LEI mapping file. Its security type is Corporate, its segment is not on the record, its sector is Technology, and its jurisdiction is British Columbia. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 31 filings across 25 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 15 newswire releases, 8 financial statements, 7 exchange bulletins and 1 AGM record date. The median gap between filing days is 10.5 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date of 2026-11-06. On the TSXV, the median cadence gap is 19 days, the median filings count is 9 and the median latency is 17.0 days across 1427 issuers. In the Technology sector, the median cadence gap is 16.5 days, the median filings count is 9 and the median latency is 10.5 days across 297 issuers.\n\n## Auditor\n\nThe auditor of record is KPMG LLP. The location of the auditor 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 events. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder 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 and is determinable. The outcome for paragraph (q) of the definition is signal ACM-200 and is determinable.\n\n## Coverage\n\nThe field has not been read. The record holds no research house coverage for the issuer.\n\n## Open research\n\nThe field has not been read. The record holds no openly published research notes for the issuer.\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 issuer's years are sealed in the store for 2021, 2022, 2023, 2024, 2025 and 2026, but these years are not served as of a date. The as-of door answers not_sealed. The market's vintage is not sealed, so no market earliest sealed date is given. The live record began on 2026-09-10.\n\n## Sources\n\n9 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/tsxv/^* (identity.exchange)\n- https://stockanalysis.com/stocks/dfsc/company (identity.isin)\n- https://www.sec.gov/Archives/edgar/data/1889823/000106299326004800/formf3.htm (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSXV/DFSC (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1889823/000110465925124926/tmb-20250930x20f.htm (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSXV/DFSC (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.sec.gov/Archives/edgar/data/1889823/000110465925124926/tmb-20250930x20f.htm", "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/TSXV/DFSC", "coverage": { "note": "the coverage field has not been read for this issuer", "state": "not_read" }, "disclosure": { "against": { "exchange": { "issuers": 1427, "median_cadence_gap_days": 19, "median_filings": 9, "median_latency_days": 17, "name": "TSXV" }, "sector": { "issuers": 297, "median_cadence_gap_days": 16.5, "median_filings": 9, "median_latency_days": 10.5, "name": "Technology" } }, "by_type": { "agm_record_date": 1, "exchange_bulletin": 7, "financial_statement": 8, "newswire_release": 15 }, "cadence_median_gap_days": 10.5, "filing_days": 25, "filings": 31, "latency_days": 3, "latest": [ { "category": null, "date": "2026-11-03", "source": "https://www.prnewswire.com/news-releases/defsec-receives-favorable-atf-classification-for-arwen-micro-non-lethal-irritant-launcher-clearing-path-to-us-civilian-market-302927178.html", "title": "DEFSEC Receives Favorable ATF Classification for Arwen Micro Non-Lethal Irritant Launcher, Clearing Path to U.S. Civilian Market", "type": "newswire_release" }, { "category": null, "date": "2026-10-20", "source": "https://www.prnewswire.com/news-releases/defsec-technologies-inc-provides-corporate-update-302913633.html", "title": "DEFSEC Technologies Inc. Provides Corporate Update", "type": "newswire_release" }, { "category": null, "date": "2026-09-17", "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=321255&CORRECTION_FLG=N&HC_FLAG1=checked", "title": "TSXV bulletin: PROSPECTUS-UNIT OFFERING (Financings that are not done thru an Exchange Offering Prospectus)", "type": "exchange_bulletin" }, { "category": null, "date": "2026-09-14", "source": "https://www.prnewswire.com/news-releases/defsec-technologies-inc-announces-board-changes-302877222.html", "title": "DEFSEC Technologies Inc. Announces Board Changes", "type": "newswire_release" }, { "category": null, "date": "2026-08-17", "source": "https://www.prnewswire.com/news-releases/defsec-technologies-inc-announces-cdn5-54-million-private-placement-302852485.html", "title": "DEFSEC Technologies Inc. Announces CDN$5.54 Million Private Placement", "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/TSXV/DFSC", "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/tsxv/^*", "state": "sourced", "value": "TSXV" }, "isin": { "read_by": "Tavily search + regex extraction from page text", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://stockanalysis.com/stocks/dfsc/company", "state": "confirmed", "value": "CA2447781063" }, "jurisdiction": { "read_by": "Tavily search + regex extraction from page text", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.sec.gov/Archives/edgar/data/1889823/000106299326004800/formf3.htm", "state": "sourced", "value": "British Columbia" }, "lei": { "market": "CA", "reason": "ISIN not in the GLEIF ISIN-to-LEI mapping file", "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/tsxv/^*", "state": "sourced", "value": "DEFSEC Technologies 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/tsxv/^*", "state": "sourced", "value": "DFSC" }, "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:a8731c3b591ee29ef137e9f52370bfcca72539414781255a824baf1623cd3a43", "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/TSXV/DFSC", "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:a8731c3b591ee29ef137e9f52370bfcca72539414781255a824baf1623cd3a43", "path": "/ca/TSXV/DFSC", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "The issuer is DEFSEC Technologies Inc., listed on the TSXV under ticker DFSC. Its ISIN is CA2447781063 and its LEI is not on the record, as the ISIN is not in the GLEIF ISIN-to-LEI mapping file. Its security type is Corporate, its segment is not on the record, its sector is Technology, and its jurisdiction is British Columbia. Its listing status is listed, not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 31 filings across 25 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 15 newswire releases, 8 financial statements, 7 exchange bulletins and 1 AGM record date. The median gap between filing days is 10.5 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date of 2026-11-06. On the TSXV, the median cadence gap is 19 days, the median filings count is 9 and the median latency is 17.0 days across 1427 issuers. In the Technology sector, the median cadence gap is 16.5 days, the median filings count is 9 and the median latency is 10.5 days across 297 issuers.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor of record is KPMG LLP. The location of the auditor 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 events. The halt flag is listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "Under 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 and is determinable. The outcome for paragraph (q) of the definition is signal ACM-200 and is determinable.", "title": "Orderability" }, { "id": "coverage", "text": "The field has not been read. The record holds no research house coverage for the issuer.", "title": "Coverage" }, { "id": "open_research", "text": "The field has not been read. The record holds no openly published research notes for the issuer.", "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 issuer's years are sealed in the store for 2021, 2022, 2023, 2024, 2025 and 2026, but these years are not served as of a date. The as-of door answers not_sealed. The market's vintage is not sealed, so no market earliest sealed date is given. The live record began on 2026-09-10.", "title": "As-of depth" }, { "id": "sources", "text": "9 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/tsxv/^*" }, { "for": "identity.isin", "source": "https://stockanalysis.com/stocks/dfsc/company" }, { "for": "identity.jurisdiction", "source": "https://www.sec.gov/Archives/edgar/data/1889823/000106299326004800/formf3.htm" }, { "for": "identity.sector", "source": "https://www.tsx.com/en/resource/571" }, { "for": "the disclosure lines", "source": "https://mcp.ca-cm-kg.ai/events/TSXV/DFSC" }, { "for": "the halt flag", "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100" }, { "for": "the auditor", "source": "https://www.sec.gov/Archives/edgar/data/1889823/000110465925124926/tmb-20250930x20f.htm" }, { "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/TSXV/DFSC" } ], "title": "DEFSEC Technologies Inc. (DFSC) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }