{
 "as_of": "2026-11-06",
 "cmr": "fi-cm-kg/FSME/FI4000506902",
 "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# Merus Power Oyj (First North Finland: FI4000506902) — research page\n\nAs of 2026-11-06 · fi-cm-kg · record version 1\n\n## Identity and listing\n\nMerus Power Oyj is listed on First North Finland under the ticker FI4000506902. Its ISIN is FI4000506902 and its LEI is 743700YERV5NBRG3QU71. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 15 filings in the window 2025-11-06 to 2026-11-06, across 12 filing days. The median gap between filing days is 19 days. The latest filing is dated 2026-09-30, 37 days before the record date of 2026-11-06. The latest filing is of type Other information disclosed according to the rules of the Exchange. First North Finland holds 48 issuers, with a median of 39.5 filings, a median cadence gap of 7.0 days and a median latency of 9.0 days. The sector peer median is not on the record.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, because the 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, because the register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/fi/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 investor-relations pages read.\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 vintage is not sealed. No issuer years are sealed. 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\n5 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://mcp.fi-cm-kg.ai/events/FSME/FI4000506902 (the disclosure lines)\n- https://api.news.eu.nasdaq.com/news/query.action?globalGroup=exchangeNotice&globalName=exchangeNewsFilterHEX|FirstNorthInformationHEX (the halt flag)\n- https://fi.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.fi-cm-kg.ai/record/FSME/FI4000506902 (the record)\n",
 "market": "FI",
 "node": "fi-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the FI vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "FI",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "FI",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "FI",
    "state": "not_on_record"
   },
   "changes": {
    "market": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "fi-cm-kg/FSME/FI4000506902",
  "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": 48,
     "median_cadence_gap_days": 7,
     "median_filings": 39.5,
     "median_latency_days": 9,
     "name": "First North Finland"
    },
    "sector": {
     "market": "FI",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Annual financial report": 1,
    "Decisions of general meeting": 1,
    "Financial statement release": 1,
    "Half year financial report": 1,
    "Inside information": 4,
    "Major shareholder announcements": 1,
    "Notice to general meeting": 1,
    "Other information disclosed according to the rules of the Exchange": 2,
    "Total number of voting rights and capital": 3
   },
   "cadence_median_gap_days": 19,
   "filing_days": 12,
   "filings": 15,
   "latency_days": 37,
   "latest": [
    {
     "category": "Other information disclosed according to the rules of the Exchange",
     "date": "2026-09-30",
     "source": "https://view.news.eu.nasdaq.com/view?id=b1ada17d67780e642d7dd4cae4f854ba1&lang=en&src=listed",
     "title": "Merus Power announces its strategy and financial targets for 2027-2030",
     "type": "Other information disclosed according to the rules of the Exchange"
    },
    {
     "category": "Half year financial report",
     "date": "2026-08-20",
     "source": "https://view.news.eu.nasdaq.com/view?id=ba7f87ed97a1d88870088cc3a939ad75a&lang=en&src=listed",
     "title": "Merus Power Plc's half-year report January 1-June 30, 2026: Profitability improved, strong order intake",
     "type": "Half year financial report"
    },
    {
     "category": "Inside information",
     "date": "2026-06-30",
     "source": "https://view.news.eu.nasdaq.com/view?id=b74054b920c04c183eb1b69da865a79e1&lang=en&src=listed",
     "title": "Insider Information: Merus Power signs over 8 million euro battery energy storage deal with Exilion - project strengthens the company's position as a technology partner for hybrid power plants",
     "type": "Inside information"
    },
    {
     "category": "Inside information",
     "date": "2026-06-16",
     "source": "https://view.news.eu.nasdaq.com/view?id=b50781d924c49f7603a4e580706c19101&lang=en&src=listed",
     "title": "Insider information: Merus Power strengthens its position in the energy storage market with a €10 million agreement with wpd",
     "type": "Inside information"
    },
    {
     "category": "Other information disclosed according to the rules of the Exchange",
     "date": "2026-04-16",
     "source": "https://view.news.eu.nasdaq.com/view?id=b38fb0e7056bd09b0a54b460c8e4343e3&lang=en&src=listed",
     "title": "Merus Power Plc launched a new performance period in the share-based incentive plan for key employees",
     "type": "Other information disclosed according to the rules of the Exchange"
    }
   ],
   "latest_filing_date": "2026-09-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.fi-cm-kg.ai/events/FSME/FI4000506902",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/fi/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "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": "First North Finland"
   },
   "isin": {
    "read_by": "eu-sources/fi/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "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": "FI4000506902"
   },
   "jurisdiction": {
    "market": "FI",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "eu-sources/fi/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "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": "filled",
    "value": "743700YERV5NBRG3QU71"
   },
   "name": {
    "read_by": "eu-sources/fi/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "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": "Merus Power Oyj"
   },
   "sector": {
    "market": "FI",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "FI",
    "state": "not_on_record"
   },
   "segment": {
    "market": "FI",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/fi/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "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": "FI4000506902"
   },
   "website": {
    "market": "FI",
    "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": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "FI",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "FI",
  "node": "fi-cm-kg",
  "numbers_hash": "sha256:5005544f4a1a36cb8c72a5994d4dca325663ba77458f9c0a7702be273c8c57f5",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://fi.eu-cm-kg.ai/book/aio.json",
    "door": "https://fi.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/fi/mifid-ii-product-governance/r1",
   "section": "fi.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.fi-cm-kg.ai/record/FSME/FI4000506902",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://api.news.eu.nasdaq.com/news/query.action?globalGroup=exchangeNotice&globalName=exchangeNewsFilterHEX|FirstNorthInformationHEX",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:5005544f4a1a36cb8c72a5994d4dca325663ba77458f9c0a7702be273c8c57f5",
 "path": "/fi/FSME/FI4000506902",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Merus Power Oyj is listed on First North Finland under the ticker FI4000506902. Its ISIN is FI4000506902 and its LEI is 743700YERV5NBRG3QU71. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 15 filings in the window 2025-11-06 to 2026-11-06, across 12 filing days. The median gap between filing days is 19 days. The latest filing is dated 2026-09-30, 37 days before the record date of 2026-11-06. The latest filing is of type Other information disclosed according to the rules of the Exchange. First North Finland holds 48 issuers, with a median of 39.5 filings, a median cadence gap of 7.0 days and a median latency of 9.0 days. The sector peer median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor and its location are not on the record. Auditor changes are not on the record, because the 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, because the register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/fi/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 investor-relations pages read.",
   "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 vintage is not sealed. No issuer years are sealed. 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": "5 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": "the disclosure lines",
   "source": "https://mcp.fi-cm-kg.ai/events/FSME/FI4000506902"
  },
  {
   "for": "the halt flag",
   "source": "https://api.news.eu.nasdaq.com/news/query.action?globalGroup=exchangeNotice&globalName=exchangeNewsFilterHEX|FirstNorthInformationHEX"
  },
  {
   "for": "the orderability chapter",
   "source": "https://fi.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.fi-cm-kg.ai/record/FSME/FI4000506902"
  }
 ],
 "title": "Merus Power Oyj (FI4000506902) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}