{
 "as_of": "2026-11-06",
 "cmr": "it-cm-kg/EXGM/IT0005252736",
 "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# FIRST CAPITAL (Euronext Growth Milan: IT0005252736) — research page\n\nAs of 2026-11-06 · it-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is FIRST CAPITAL, listed on Euronext Growth Milan, with ticker IT0005252736, ISIN IT0005252736 and LEI 81560078C6F151A03A40. 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 0 filings in the twelve months to 2026-11-06, on 0 filing days. The median gap between filing days is not on the record, and no latest filing date or filing type is on the record. The exchange median is 5 filings, a cadence gap of 11.0 days and a latency of 21 days across 203 issuers on Euronext Growth Milan. The sector median 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 record does not carry auditor changes for this market.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move events for this market. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable because the chapter's orderability section carries no client categories for this issuer. The rule version is acm-68000/it/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the investor-relations pages read.\n\n## Open research\n\nThe record holds 4 openly published research notes. Intesa Sanpaolo Research Department published notes dated 2025-10-13 and 2024-10-21, Banca Akros published a note dated 2024-11-25, and UBI Banca published a note whose date is not 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 market's vintage is not sealed, and 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\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://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.it-cm-kg.ai/events/EXGM/IT0005252736 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://it.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://cms.firstcapital.it/uploads/pdf/1760348052-equity-research-first-capital-intesa-2025-10-13.pdf (open research)\n- https://cms.firstcapital.it/uploads/pdf/1732528404-equity-research-first-capital-banca-akros-2024-11-25.pdf (open research)\n- https://cms.firstcapital.it/uploads/pdf/1729587793-equity-research-first-capital-intesa-2024-10-21.pdf (open research)\n- https://cms.firstcapital.it/uploads/pdf/1614707682-ubi-banca-equity-research.pdf (open research)\n- https://mcp.it-cm-kg.ai/record/EXGM/IT0005252736 (the record)\n",
 "market": "IT",
 "node": "it-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the IT vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "IT",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "IT",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "IT",
    "state": "not_on_record"
   },
   "changes": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "it-cm-kg/EXGM/IT0005252736",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://www.firstcapital.it/en/equity_research.php",
     "result": "read: 0 of 3 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 203,
     "median_cadence_gap_days": 11,
     "median_filings": 5,
     "median_latency_days": 21,
     "name": "Euronext Growth Milan"
    },
    "sector": {
     "market": "IT",
     "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.it-cm-kg.ai/events/EXGM/IT0005252736",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "allooloo-cm-kg/eu-sources/it 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": "Euronext Growth Milan"
   },
   "isin": {
    "read_by": "allooloo-cm-kg/eu-sources/it 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": "IT0005252736"
   },
   "jurisdiction": {
    "market": "IT",
    "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 IT0005252736)",
    "state": "sourced",
    "value": "81560078C6F151A03A40"
   },
   "name": {
    "read_by": "allooloo-cm-kg/eu-sources/it 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": "FIRST CAPITAL"
   },
   "sector": {
    "market": "IT",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "IT",
    "state": "not_on_record"
   },
   "segment": {
    "market": "IT",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "allooloo-cm-kg/eu-sources/it 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": "IT0005252736"
   },
   "website": {
    "market": "IT",
    "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": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "IT",
  "node": "it-cm-kg",
  "numbers_hash": "sha256:0fba59af05068a4520477bcc3340c7628d4b6d88fabdacbb0032df81f36892f9",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-10-13",
     "kind": "issuer-sponsored",
     "publisher": "Intesa Sanpaolo Research Department",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://cms.firstcapital.it/uploads/pdf/1760348052-equity-research-first-capital-intesa-2025-10-13.pdf",
     "state": "sourced",
     "title": "Ready for New Investments and Shareholders Remuneration"
    },
    {
     "date": "2024-11-25",
     "kind": "issuer-sponsored",
     "publisher": "Banca Akros",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://cms.firstcapital.it/uploads/pdf/1732528404-equity-research-first-capital-banca-akros-2024-11-25.pdf",
     "state": "sourced",
     "title": "First Capital"
    },
    {
     "date": "2024-10-21",
     "kind": "issuer-sponsored",
     "publisher": "Intesa Sanpaolo Research Department",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://cms.firstcapital.it/uploads/pdf/1729587793-equity-research-first-capital-intesa-2024-10-21.pdf",
     "state": "sourced",
     "title": "First Capital"
    },
    {
     "date": null,
     "kind": "issuer-sponsored",
     "publisher": "UBI Banca",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://cms.firstcapital.it/uploads/pdf/1614707682-ubi-banca-equity-research.pdf",
     "state": "sourced",
     "title": "First Capital"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://it.eu-cm-kg.ai/book/aio.json",
    "door": "https://it.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/it/mifid-ii-product-governance/r1",
   "section": "it.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.it-cm-kg.ai/record/EXGM/IT0005252736",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:0fba59af05068a4520477bcc3340c7628d4b6d88fabdacbb0032df81f36892f9",
 "path": "/it/EXGM/IT0005252736",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is FIRST CAPITAL, listed on Euronext Growth Milan, with ticker IT0005252736, ISIN IT0005252736 and LEI 81560078C6F151A03A40. 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 0 filings in the twelve months to 2026-11-06, on 0 filing days. The median gap between filing days is not on the record, and no latest filing date or filing type is on the record. The exchange median is 5 filings, a cadence gap of 11.0 days and a latency of 21 days across 203 issuers on Euronext Growth Milan. The sector median 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 record does not carry auditor changes for this market.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move events for this market. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable because the chapter's orderability section carries no client categories for this issuer. The rule version is acm-68000/it/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the investor-relations pages read.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 4 openly published research notes. Intesa Sanpaolo Research Department published notes dated 2025-10-13 and 2024-10-21, Banca Akros published a note dated 2024-11-25, and UBI Banca published a note whose date is not 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 market's vintage is not sealed, and 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": "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://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.it-cm-kg.ai/events/EXGM/IT0005252736"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://it.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://cms.firstcapital.it/uploads/pdf/1760348052-equity-research-first-capital-intesa-2025-10-13.pdf"
  },
  {
   "for": "open research",
   "source": "https://cms.firstcapital.it/uploads/pdf/1732528404-equity-research-first-capital-banca-akros-2024-11-25.pdf"
  },
  {
   "for": "open research",
   "source": "https://cms.firstcapital.it/uploads/pdf/1729587793-equity-research-first-capital-intesa-2024-10-21.pdf"
  },
  {
   "for": "open research",
   "source": "https://cms.firstcapital.it/uploads/pdf/1614707682-ubi-banca-equity-research.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.it-cm-kg.ai/record/EXGM/IT0005252736"
  }
 ],
 "title": "FIRST CAPITAL (IT0005252736) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}