{ "as_of": "2026-11-06", "cmr": "es-cm-kg/GROW/ES0105650073", "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# SUBSTRATE ARTIFICIAL INTELLIGENCE, S.A. CLASE B (BME Growth: ES0105650073) — research page\n\nAs of 2026-11-06 · es-cm-kg · record version 1\n\n## Identity and listing\n\nSUBSTRATE ARTIFICIAL INTELLIGENCE, S.A. CLASE B is listed on BME Growth under the ticker ES0105650073, with ISIN ES0105650073 and LEI 959800K3URS2BMHE3P84. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the twelve months to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. The latest filing date is not on the record, and no latest filing type is on the record. The BME Growth exchange median is 0 filings, with a median cadence gap of not on the record and a median latency of not on the record, across 103 issuers. The sector peer figures are not on the record for this market.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, as the market's register has no lifecycle type map yet.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move events are not on the record, as the index does not yet carry a lifecycle type for this register. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable for this issuer. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/es/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's own investor-relations page, on the pages read.\n\n## Open research\n\nThe record holds 3 openly published research notes: Edison Investment Research on 2025-01-15, Edison Investment Research on 2024-07-17, and IEAF Servicios de Análisis / Lighthouse on 2023-02-03.\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. No issuer years are sealed for this issuer. The market's earliest sealed date is not on the record, and the live record began is not on the record.\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://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.es-cm-kg.ai/events/GROW/ES0105650073 (the disclosure lines)\n- https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin= (the halt flag)\n- https://es.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.edisongroup.com/research/infrastructure-investment/BM-1039/ (open research)\n- https://www.edisongroup.com/research/ai-venture-builder/33808/ (open research)\n- https://institutodeanalistas.com/wp-content/uploads/sai_20230203_2.pdf (open research)\n- https://mcp.es-cm-kg.ai/record/GROW/ES0105650073 (the record)\n", "market": "ES", "node": "es-cm-kg", "numbers": { "as_of_depth": { "issuer_years_sealed": [], "live_record_began": null, "node_history_from": null, "node_years_sealed": [], "note": "the ES vintage is not sealed; the record is the live record as of 2026-11-06", "record_version": 1, "sealed": false }, "auditor": { "auditor": { "market": "ES", "state": "not_on_record" }, "auditor_firm_id": { "market": "ES", "state": "not_on_record" }, "auditor_location": { "market": "ES", "state": "not_on_record" }, "changes": { "market": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "cmr": "es-cm-kg/GROW/ES0105650073", "coverage": { "count": 0, "houses": [], "pages_checked": [ { "page": "https://static.lse.co.uk/research/pdf/1070.pdf", "result": "not readable by this rail (403)" } ], "read_by": "Perplexity sonar (search) · page read by this rail", "read_date": "2026-11-12", "since": null, "state": "none_found" }, "disclosure": { "against": { "exchange": { "issuers": 103, "median_cadence_gap_days": null, "median_filings": 0, "median_latency_days": null, "name": "BME Growth" }, "sector": { "market": "ES", "state": "not_on_record" } }, "by_type": {}, "cadence_median_gap_days": null, "filing_days": 0, "filings": 0, "latency_days": null, "latest": [], "latest_filing_date": null, "note": "no disclosure line on the record for this issuer in the window", "read": "the node's event lines (list_events_since), as get_filings serves them", "source": "https://mcp.es-cm-kg.ai/events/GROW/ES0105650073", "window": { "from": "2025-11-06", "to": "2026-11-06" } }, "identity": { "exchange": { "read_by": "allooloo-cm-kg/eu-sources/es roster.py", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)", "state": "sourced", "value": "BME Growth" }, "isin": { "read_by": "allooloo-cm-kg/eu-sources/es roster.py", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)", "state": "sourced", "value": "ES0105650073" }, "jurisdiction": { "market": "ES", "state": "not_on_record" }, "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 ES0105650073)", "state": "sourced", "value": "959800K3URS2BMHE3P84" }, "name": { "read_by": "allooloo-cm-kg/eu-sources/es roster.py", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)", "state": "sourced", "value": "SUBSTRATE ARTIFICIAL INTELLIGENCE, S.A. CLASE B" }, "sector": { "market": "ES", "state": "not_on_record" }, "security_type": { "market": "ES", "state": "not_on_record" }, "segment": { "market": "ES", "state": "not_on_record" }, "ticker": { "read_by": "allooloo-cm-kg/eu-sources/es roster.py", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)", "state": "sourced", "value": "ES0105650073" }, "website": { "market": "ES", "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": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "domicile_change": { "market": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "listing": { "market": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "name_change": { "market": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "segment_move": { "market": "ES", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "market": "ES", "node": "es-cm-kg", "numbers_hash": "sha256:c762e1f876c0b679a7888a107e6a4da4f53f295a43089ca41dda45edc3e55776", "open_research": { "read_date": "2026-11-12", "rows": [ { "date": "2025-01-15", "kind": "issuer-sponsored", "publisher": "Edison Investment Research", "read_by": "the note's own page, fetched by this rail", "read_date": "2026-11-12", "source": "https://www.edisongroup.com/research/infrastructure-investment/BM-1039/", "state": "sourced", "title": "Substrate AI — Infrastructure investment" }, { "date": "2024-07-17", "kind": "issuer-sponsored", "publisher": "Edison Investment Research", "read_by": "the note's own page, fetched by this rail", "read_date": "2026-11-12", "source": "https://www.edisongroup.com/research/ai-venture-builder/33808/", "state": "sourced", "title": "AI venture builder" }, { "date": "2023-02-03", "kind": "independent", "publisher": "IEAF Servicios de Análisis / Lighthouse", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://institutodeanalistas.com/wp-content/uploads/sai_20230203_2.pdf", "state": "sourced", "title": "Substrate Artificial Intelligence" } ], "state": "found" }, "orderability": { "chapter_as_of": "2026-11-04", "client_categories": [], "determinable": false, "read": { "chapter": "https://es.eu-cm-kg.ai/book/aio.json", "door": "https://es.eu-cm-kg.ai/mcp", "tool": "get_orderability" }, "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category", "rule_version": "acm-68000/es/mifid-ii-product-governance/r1", "section": "es.aio.v6" }, "record": { "as_of": "2026-11-06", "url": "https://mcp.es-cm-kg.ai/record/GROW/ES0105650073", "version": 1 }, "schema": "research-numbers v0.1 (USR-01, 2026-11-11)", "status": { "read_date": "2026-11-09", "source": "https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin=", "value": "listed, not halted" } }, "numbers_hash": "sha256:c762e1f876c0b679a7888a107e6a4da4f53f295a43089ca41dda45edc3e55776", "path": "/es/GROW/ES0105650073", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "SUBSTRATE ARTIFICIAL INTELLIGENCE, S.A. CLASE B is listed on BME Growth under the ticker ES0105650073, with ISIN ES0105650073 and LEI 959800K3URS2BMHE3P84. The security type, segment, sector and jurisdiction are not on the record. The listing status is listed, not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 0 filings in the twelve months to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. The latest filing date is not on the record, and no latest filing type is on the record. The BME Growth exchange median is 0 filings, with a median cadence gap of not on the record and a median latency of not on the record, across 103 issuers. The sector peer figures are not on the record for this market.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor and its location are not on the record. Auditor changes are not on the record, as the market's register has no lifecycle type map yet.", "title": "Auditor" }, { "id": "events", "text": "The listing, delisting, name change, domicile change and segment move events are not on the record, as the index does not yet carry a lifecycle type for this register. The halt flag is listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "The outcome is not determinable for this issuer. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/es/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.", "title": "Orderability" }, { "id": "coverage", "text": "No research houses were found on the issuer's own investor-relations page, on the pages read.", "title": "Coverage" }, { "id": "open_research", "text": "The record holds 3 openly published research notes: Edison Investment Research on 2025-01-15, Edison Investment Research on 2024-07-17, and IEAF Servicios de Análisis / Lighthouse on 2023-02-03.", "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. No issuer years are sealed for this issuer. The market's earliest sealed date is not on the record, and the live record began is not on the record.", "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://firds.esma.europa.eu/firds/" }, { "for": "identity.lei", "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download" }, { "for": "the disclosure lines", "source": "https://mcp.es-cm-kg.ai/events/GROW/ES0105650073" }, { "for": "the halt flag", "source": "https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin=" }, { "for": "the orderability chapter", "source": "https://es.eu-cm-kg.ai/book/aio.json" }, { "for": "open research", "source": "https://www.edisongroup.com/research/infrastructure-investment/BM-1039/" }, { "for": "open research", "source": "https://www.edisongroup.com/research/ai-venture-builder/33808/" }, { "for": "open research", "source": "https://institutodeanalistas.com/wp-content/uploads/sai_20230203_2.pdf" }, { "for": "the record", "source": "https://mcp.es-cm-kg.ai/record/GROW/ES0105650073" } ], "title": "SUBSTRATE ARTIFICIAL INTELLIGENCE, S.A. CLASE B (ES0105650073) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }