{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/SYZ",
 "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# SYZYGY AG O.N. (Xetra: SYZ) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nSYZYGY AG O.N. is listed on Xetra under ticker SYZ, ISIN DE0005104806, LEI 391200XUREIZNGEH1A97. Its security type is Corporate and its segment is DEUTSCHLAND. Its sector is not on the record, as the Xetra instruments file carries index membership rather than a sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 3 filings in the window 2025-11-06 to 2026-11-06, on 3 filing days. Two were newswire releases and one was corporate news. The median gap between filing days is 28.5 days. The latest filing is dated 2026-11-04, a corporate news item, 2 days before the record date of 2026-11-06. Exchange peers on Xetra number 419, with a median of 6 filings, a median cadence gap of 22.8 days and a median latency of 5.5 days. Sector peer figures for DE are not on the record.\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 read. The auditor's location is not on the record, and auditor changes are not on the record because this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is clear: the issuer is listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories under signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names one research house, Solventis AG.\n\n## Open research\n\nThe record holds 7 openly published research notes. Pareto Securities published 5 of them, dated 2024-01-08, 2023-07-18, 2023-02-01, 2021-10-26 and 2021-07-21. Pareto Securities also published on 2021-05-11, and GBC AG published on 2021-11-09.\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\nNo years for this issuer are sealed. The market's earliest sealed date is not on the record, and the live record's start date is not on the record, because the market's vintage is not sealed.\n\n## Sources\n\n15 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/391200XUREIZNGEH1A97 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/SYZ (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://www.syzygy-group.net/en/share/ (coverage)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2024-01-08.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-07-18.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-02-01.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/gbc-ag-investment-research-syzygy-comment-2021-11-09-en.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-10-26.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-07-21.pdf (open research)\n- https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-05-11.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/SYZ (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/SYZ",
  "coverage": {
   "count": 1,
   "houses": [
    {
     "analyst": "Cosmin Filker",
     "house": "Solventis AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/en/share/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.syzygy-group.net/en/share/",
     "result": "read: 1 of 4 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": {
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    "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": 1,
    "newswire_release": 2
   },
   "cadence_median_gap_days": 28.5,
   "filing_days": 3,
   "filings": 3,
   "latency_days": 2,
   "latest": [
    {
     "category": "research",
     "date": "2026-11-04",
     "source": "https://www.eqs-news.com/news/research/original-research-syzygy-ag-von-gbc-ag-kaufen/368009f4-14ba-440e-bb42-23f2f776bd70_de",
     "title": "Original-Research: SYZYGY AG (von GBC AG): Kaufen",
     "type": "corporate_news"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://irw-press.com/de/syzygy-gruppe-alle-segmente-mit-positivem-beitrag-ebit-und-marge-im-dritten-quartal-ueber-vorquartal-jahresprognose-bestaetigt",
     "title": "SYZYGY Gruppe: Alle Segmente mit positivem Beitrag; EBIT und Marge im dritten Quartal über Vorquartal; Jahresprognose bestätigt - IRW-Press",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-08",
     "source": "https://www.businesswire.com/news/home/20260908918507/en/Research-Affiliates-Relaunches-as-Syzygy-Asset-Management",
     "title": "Research Affiliates Relaunches as Syzygy Asset Management",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/SYZ",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
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  "identity": {
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    "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": "DE0005104806"
   },
   "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/391200XUREIZNGEH1A97",
    "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 DE0005104806)",
    "state": "sourced",
    "value": "391200XUREIZNGEH1A97"
   },
   "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": "SYZYGY AG 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": "SYZ"
   },
   "website": {
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    "state": "not_on_record"
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  "licensed": {
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    "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"
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   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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   "segment_move": {
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
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  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:a22e60e793494d62b3ccd5f059c30d4602b0e931c87802b202007836f67ffb74",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2024-01-08",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2024-01-08.pdf",
     "state": "sourced",
     "title": "Digital support that makes a difference"
    },
    {
     "date": "2023-07-18",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-07-18.pdf",
     "state": "sourced",
     "title": "Model update reflects new guidance"
    },
    {
     "date": "2023-02-01",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-02-01.pdf",
     "state": "sourced",
     "title": "Update shows guidance is met"
    },
    {
     "date": "2021-11-09",
     "kind": "issuer-sponsored",
     "publisher": "GBC AG",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/gbc-ag-investment-research-syzygy-comment-2021-11-09-en.pdf",
     "state": "sourced",
     "title": "Research Note - SYZYGY AG: 9 months 2021: Turnaround successful; revenue and earnings development \"in line\"; forecasts, estimates and target price confirmed"
    },
    {
     "date": "2021-10-26",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-10-26.pdf",
     "state": "sourced",
     "title": "Syzygy AG"
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    {
     "date": "2021-07-21",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-07-21.pdf",
     "state": "sourced",
     "title": "Syzygy AG"
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    {
     "date": "2021-05-11",
     "kind": "issuer-sponsored",
     "publisher": "Pareto Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-05-11.pdf",
     "state": "sourced",
     "title": "Syzygy AG"
    }
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   "state": "found"
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  "orderability": {
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   "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/SYZ",
   "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:a22e60e793494d62b3ccd5f059c30d4602b0e931c87802b202007836f67ffb74",
 "path": "/de/XETRA/SYZ",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "SYZYGY AG O.N. is listed on Xetra under ticker SYZ, ISIN DE0005104806, LEI 391200XUREIZNGEH1A97. Its security type is Corporate and its segment is DEUTSCHLAND. Its sector is not on the record, as the Xetra instruments file carries index membership rather than a sector classification. Its jurisdiction is Germany (Handelsregister HRB). Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 3 filings in the window 2025-11-06 to 2026-11-06, on 3 filing days. Two were newswire releases and one was corporate news. The median gap between filing days is 28.5 days. The latest filing is dated 2026-11-04, a corporate news item, 2 days before the record date of 2026-11-06. Exchange peers on Xetra number 419, with a median of 6 filings, a median cadence gap of 22.8 days and a median latency of 5.5 days. Sector peer figures for DE are not on the record.",
   "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 read. The auditor's location is not on the record, and auditor changes are not on the record because this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is clear: the issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories under signal ACM-200: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names one research house, Solventis AG.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 7 openly published research notes. Pareto Securities published 5 of them, dated 2024-01-08, 2023-07-18, 2023-02-01, 2021-10-26 and 2021-07-21. Pareto Securities also published on 2021-05-11, and GBC AG published on 2021-11-09.",
   "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": "No years for this issuer are sealed. The market's earliest sealed date is not on the record, and the live record's start date is not on the record, because the market's vintage is not sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "15 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
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   "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/391200XUREIZNGEH1A97"
  },
  {
   "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/SYZ"
  },
  {
   "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": "coverage",
   "source": "https://www.syzygy-group.net/en/share/"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2024-01-08.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-07-18.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2023-02-01.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/gbc-ag-investment-research-syzygy-comment-2021-11-09-en.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-10-26.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-07-21.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.syzygy-group.net/app/uploads/pareto-investment-research-syzygy-2021-05-11.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/SYZ"
  }
 ],
 "title": "SYZYGY AG O.N. (SYZ) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}