{
 "as_of": "2026-11-06",
 "cmr": "fi-cm-kg/FSME/FI4000511506",
 "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# Modulight Oyj (First North Finland: FI4000511506) — research page\n\nAs of 2026-11-06 · fi-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Modulight Oyj, listed on First North Finland under ticker FI4000511506, ISIN FI4000511506 and LEI 894500VG5SWCZEVHPV11. 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 19 filings in the twelve months to 2026-11-06, on 17 filing days. The median gap between filing days is 11.5 days. The latest filing is dated 2026-11-04, two days before the record date, and is of type Inside information. Across the window the filings are: Inside information 4, Investor News 4, Company Announcement 2, Interim report (Q1 and Q3) 2, and one each of Annual financial report, Decisions of general meeting, Financial calendar, Financial statement release, Half year financial report, Managers' Transactions and Notice to general meeting. For First North Finland the record 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 comparison is not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, because this register has no lifecycle type map yet. The halt flag is off, and the status is 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 page, so the count is zero.\n\n## Open research\n\nNo openly published research notes were found, so the count is zero.\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, the market has no earliest sealed date, and the live record began on no date given.\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/FI4000511506 (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/FI4000511506 (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/FI4000511506",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://modulight.com/stock/analysts/",
     "result": "read: 2 of 4 named houses found on the page; the page does not name the issuer"
    }
   ],
   "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,
    "Company Announcement": 2,
    "Decisions of general meeting": 1,
    "Financial calendar": 1,
    "Financial statement release": 1,
    "Half year financial report": 1,
    "Inside information": 4,
    "Interim report (Q1 and Q3)": 2,
    "Investor News": 4,
    "Managers' Transactions": 1,
    "Notice to general meeting": 1
   },
   "cadence_median_gap_days": 11.5,
   "filing_days": 17,
   "filings": 19,
   "latency_days": 2,
   "latest": [
    {
     "category": "Inside information",
     "date": "2026-11-04",
     "source": "https://view.news.eu.nasdaq.com/view?id=bf04185e46553cc3b24ee9438a48138ec&lang=en&src=listed",
     "title": "Inside Information: Modulight receives USD 1.1 million order from new quantum computing customer",
     "type": "Inside information"
    },
    {
     "category": "Interim report (Q1 and Q3)",
     "date": "2026-10-23",
     "source": "https://view.news.eu.nasdaq.com/view?id=bd8523ab731e015f37df1cf61122cbc69&lang=en&src=listed",
     "title": "Modulight's profitability improved significantly - order intake among the strongest in the company's history",
     "type": "Interim report (Q1 and Q3)"
    },
    {
     "category": "Investor News",
     "date": "2026-10-16",
     "source": "https://view.news.eu.nasdaq.com/view?id=b7ff6018465b96322a2b4c5ff33ded55e&lang=en&src=listed",
     "title": "Modulight to publish its interim report for January-September 2026 on October 23, 2026",
     "type": "Investor News"
    },
    {
     "category": "Inside information",
     "date": "2026-09-15",
     "source": "https://view.news.eu.nasdaq.com/view?id=b73b58a9028d1f57af982755b0499ecf3&lang=en&src=listed",
     "title": "Inside Information: Modulight has received a $1.5 million pilot production order from a U.S. neuroscience customer",
     "type": "Inside information"
    },
    {
     "category": "Half year financial report",
     "date": "2026-08-21",
     "source": "https://view.news.eu.nasdaq.com/view?id=b6505cab7009cfa9d2628a60cc6e6e345&lang=en&src=listed",
     "title": "Modulight: Significant customer project advances toward commercialization",
     "type": "Half year financial report"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.fi-cm-kg.ai/events/FSME/FI4000511506",
   "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": "FI4000511506"
   },
   "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": "894500VG5SWCZEVHPV11"
   },
   "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": "Modulight Oyj"
   },
   "sector": {
    "market": "FI",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "FI",
    "state": "not_on_record"
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   "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": "FI4000511506"
   },
   "website": {
    "market": "FI",
    "state": "not_on_record"
   }
  },
  "licensed": {
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    "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": "sha256:2004ad2728e0ae5fed5c54b0099764be7f6239de8afa4a687512baa1e89cac4f",
  "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/FI4000511506",
   "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": "sha256:2004ad2728e0ae5fed5c54b0099764be7f6239de8afa4a687512baa1e89cac4f",
 "path": "/fi/FSME/FI4000511506",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Modulight Oyj, listed on First North Finland under ticker FI4000511506, ISIN FI4000511506 and LEI 894500VG5SWCZEVHPV11. 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 19 filings in the twelve months to 2026-11-06, on 17 filing days. The median gap between filing days is 11.5 days. The latest filing is dated 2026-11-04, two days before the record date, and is of type Inside information. Across the window the filings are: Inside information 4, Investor News 4, Company Announcement 2, Interim report (Q1 and Q3) 2, and one each of Annual financial report, Decisions of general meeting, Financial calendar, Financial statement release, Half year financial report, Managers' Transactions and Notice to general meeting. For First North Finland the record 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 comparison is not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, because this register has no lifecycle type map yet. The halt flag is off, and the status is 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 page, so the count is zero.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found, so the count is zero.",
   "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, the market has no earliest sealed date, and the live record began on no date given.",
   "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/FI4000511506"
  },
  {
   "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/FI4000511506"
  }
 ],
 "title": "Modulight Oyj (FI4000511506) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}