{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/CYR",
 "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# CYAN AG  INH O.N. (Xetra: CYR) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is CYAN AG INH O.N., listed on Xetra under ticker CYR, with ISIN DE000A2E4SV8 and LEI 894500180W6SSACJ1T19. Its security type is Corporate and its segment is DEUTSCHLAND. Sector is not on the record, which carries index membership but no sector classification. Jurisdiction is Germany (Handelsregister HRB). Status as of 2026-11-06 is listed, not halted.\n\n## The disclosure read\n\nThe record holds 3 filings in the twelve months to 2026-11-06, all of type corporate_news, across 3 filing days. The median gap between filing days is 131.0 days. The latest filing is dated 2026-07-31, 98 days before the record date of 2026-11-06, and is of type corporate_news. Xetra peers number 419, with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. Sector peer figures are not on the record for market DE.\n\n## Auditor\n\nThe auditor is not on the record. The record carries only the annual report link, which is a source link and not a reading of the auditor. The auditor's location is not on the record, and changes of auditor are not on the record.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register. The halt flag reads listed, not halted.\n\n## Orderability\n\nUnder rule version acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04, the signal ACM-200 is determinable for each client category: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien.\n\n## Coverage\n\nNo research houses were found on the investor-relations pages read for this issuer. The count is 0.\n\n## Open research\n\nOpenly published research is on the record in three notes: Warburg Research dated 2025-05-16, SMC Research dated 2023-10-11, and SMC Research dated 2022-07-01.\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, so no sealed years hold this issuer, no earliest sealed date is given for the market, and the live record's start date is not on the record.\n\n## Sources\n\n10 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/894500180W6SSACJ1T19 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/CYR (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ir.cyansecurity.com/wp-content/uploads/2025/05/cyan-AG_Full-Note_Warburg_20250516.pdf (open research)\n- https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG_20231011.pdf (open research)\n- https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG-202207.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/CYR (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/CYR",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://ir.cyansecurity.com/wp-content/uploads/2025/09/cyan_AG_Half-year-report_2025_EN_publish.pdf",
     "result": "not readable by this rail (200 application/pdf)"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "corporate_news": 3
   },
   "cadence_median_gap_days": 131,
   "filing_days": 3,
   "filings": 3,
   "latency_days": 98,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-07-31",
     "source": "https://www.eqs-news.com/news/corporate/cyan-ag-further-expands-european-footprint-with-cybersecurity-launch-at-orange-romania/921c34b1-d369-4719-bb9a-979c6b3d11dc_en",
     "title": "cyan AG Further Expands European Footprint with Cybersecurity ...",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-07-03",
     "source": "https://www.eqs-news.com/news/corporate-news/cyan-ag-hauptversammlung-2026-stimmt-allen-tagesordnungspunkten-mit-grosser-mehrheit-zu/99c68062-3142-4f42-a152-217b14003f22_de",
     "title": "cyan AG: Hauptversammlung 2026 stimmt allen ... - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2025-11-11",
     "source": "https://www.eqs-news.com/news/corporate/cyan-ag-and-orange-moldova-launch-collaboration-to-provide-cybersecurity-for-businesses-and-consumers-across-moldova/e45f4779-a596-47e6-947f-4a1ed818fde9_en",
     "title": "cyan AG and Orange Moldova launch collaboration to provide cybersecurity for businesses and consumers across Moldova | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-07-31",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/CYR",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000A2E4SV8"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/894500180W6SSACJ1T19",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE000A2E4SV8)",
    "state": "sourced",
    "value": "894500180W6SSACJ1T19"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "CYAN AG  INH O.N."
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "CYR"
   },
   "website": {
    "market": "DE",
    "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": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:01c95b915060c789c54e5f17e6728698d92244708534cb1209124c39704059e1",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-05-16",
     "kind": "issuer-sponsored",
     "publisher": "Warburg Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://ir.cyansecurity.com/wp-content/uploads/2025/05/cyan-AG_Full-Note_Warburg_20250516.pdf",
     "state": "sourced",
     "title": "cyan AG"
    },
    {
     "date": "2023-10-11",
     "kind": "independent",
     "publisher": "SMC Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG_20231011.pdf",
     "state": "sourced",
     "title": "Research-Update cyan AG"
    },
    {
     "date": "2022-07-01",
     "kind": "independent",
     "publisher": "SMC Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG-202207.pdf",
     "state": "sourced",
     "title": "Research-Studie cyan AG"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "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.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/CYR",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:01c95b915060c789c54e5f17e6728698d92244708534cb1209124c39704059e1",
 "path": "/de/XETRA/CYR",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is CYAN AG INH O.N., listed on Xetra under ticker CYR, with ISIN DE000A2E4SV8 and LEI 894500180W6SSACJ1T19. Its security type is Corporate and its segment is DEUTSCHLAND. Sector is not on the record, which carries index membership but no sector classification. Jurisdiction is Germany (Handelsregister HRB). Status as of 2026-11-06 is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 3 filings in the twelve months to 2026-11-06, all of type corporate_news, across 3 filing days. The median gap between filing days is 131.0 days. The latest filing is dated 2026-07-31, 98 days before the record date of 2026-11-06, and is of type corporate_news. Xetra peers number 419, with a median cadence gap of 22.8 days, a median of 6 filings, and a median latency of 5.5 days. Sector peer figures are not on the record for market DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor is not on the record. The record carries only the annual report link, which is a source link and not a reading of the auditor. The auditor's location is not on the record, and changes of auditor are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under rule version acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with the chapter as of 2026-11-04, the signal ACM-200 is determinable for each client category: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the investor-relations pages read for this issuer. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "Openly published research is on the record in three notes: Warburg Research dated 2025-05-16, SMC Research dated 2023-10-11, and SMC Research dated 2022-07-01.",
   "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, so no sealed years hold this issuer, no earliest sealed date is given for the market, and the live record's start date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/894500180W6SSACJ1T19"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/CYR"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://ir.cyansecurity.com/wp-content/uploads/2025/05/cyan-AG_Full-Note_Warburg_20250516.pdf"
  },
  {
   "for": "open research",
   "source": "https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG_20231011.pdf"
  },
  {
   "for": "open research",
   "source": "https://ir.cyansecurity.com/wp-content/uploads/2024/04/SMC-Research_cyan-AG-202207.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/CYR"
  }
 ],
 "title": "CYAN AG  INH O.N. (CYR) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}