{
 "as_of": "2026-11-06",
 "cmr": "it-cm-kg/EXGM/IT0005557530",
 "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# EXECUS (Euronext Growth Milan: IT0005557530) — research page\n\nAs of 2026-11-06 · it-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is EXECUS, listed on Euronext Growth Milan under ticker IT0005557530 and ISIN IT0005557530, with LEI 81560097D0DDAE1FFD61. Its security type, segment, sector and jurisdiction are not on the record. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 18 filings on 16 filing days in the twelve months to 2026-11-06. The median gap between filing days is 9 days. The latest filing is dated 2026-10-15, 22 days before the record date. The median gap between filing days for Euronext Growth Milan is 11.0 days, and the median filings per issuer is 5, across 203 issuers. The median latency for the exchange is 21 days. The sector median is not on the record. The latest filing is type 2.2, inside information.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. Auditor changes are not on the record, as 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 record shows the issuer as 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/it/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.\n\n## Open research\n\nThe record holds 5 openly published research notes: Intermonte on 2025-10-13, and Banca Finnat Euramerica on 2025-10-06, 2025-05-29, 2025-04-14 and 2025-02-14.\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's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n7 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/IT0005557530 (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://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en (open research)\n- https://mcp.it-cm-kg.ai/record/EXGM/IT0005557530 (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/IT0005557530",
  "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": 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": {
    "1.1 | Informazioni periodiche previste dalla regolamentazione | tutte le informazioni comunicate ai sensi dell'articolo 4 della direttiva 2004/109/CE | Relazioni finanziarie annuali e relazioni di revisione annuali": 1,
    "1.2 | Informazioni periodiche previste dalla regolamentazione | tutte le informazioni comunicate ai sensi dell'articolo 5 della direttiva 2004/109/CE | Relazioni finanziarie semestrali e relazioni di revisione semestrali/revisioni limitate": 1,
    "2.2 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE | Informazioni privilegiate": 10,
    "2.5 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 15 della direttiva 2004/109/CE | Totale dei diritti di voto e del capitale": 3,
    "REGEM | Informazioni previste dall'art. 65,ter, comma 1-bis del Regolamento Consob n.11971/1999 | Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate | A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate": 3
   },
   "cadence_median_gap_days": 9,
   "filing_days": 16,
   "filings": 18,
   "latency_days": 22,
   "latest": [
    {
     "category": "2.2 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE | Informazioni privilegiate",
     "date": "2026-10-15",
     "source": "https://www.emarketstorage.it/sites/default/files/comunicati/2026-10/20261015_190695.pdf",
     "title": "Execus S.p.A. - Signing e Closing Alea Digital e Life Celebrating",
     "type": "2.2 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE | Informazioni privilegiate"
    },
    {
     "category": "REGEM | Informazioni previste dall'art. 65,ter, comma 1-bis del Regolamento Consob n.11971/1999 | Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate | A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate",
     "date": "2026-09-30",
     "source": "https://www.emarketstorage.it/sites/default/files/comunicati/2026-09/20260930_189942.pdf",
     "title": "Execus S.p.A. - Apertura del Terzo e Ultimo Periodo di Esercizio dei “Warrant Execus S.p.A. 2023-2026”",
     "type": "REGEM | Informazioni previste dall'art. 65,ter, comma 1-bis del Regolamento Consob n.11971/1999 | Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate | A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate"
    },
    {
     "category": "1.2 | Informazioni periodiche previste dalla regolamentazione | tutte le informazioni comunicate ai sensi dell'articolo 5 della direttiva 2004/109/CE | Relazioni finanziarie semestrali e relazioni di revisione semestrali/revisioni limitate",
     "date": "2026-09-30",
     "source": "https://www.emarketstorage.it/sites/default/files/comunicati/2026-09/20260930_189928.pdf",
     "title": "Execus S.p.A. - Approvazione della relazione finanziaria semestrale 2026",
     "type": "1.2 | Informazioni periodiche previste dalla regolamentazione | tutte le informazioni comunicate ai sensi dell'articolo 5 della direttiva 2004/109/CE | Relazioni finanziarie semestrali e relazioni di revisione semestrali/revisioni limitate"
    },
    {
     "category": "2.5 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 15 della direttiva 2004/109/CE | Totale dei diritti di voto e del capitale",
     "date": "2026-09-11",
     "source": "https://www.emarketstorage.it/sites/default/files/comunicati/2026-09/20260911_189102.pdf",
     "title": "Execus S.p.A. - Comunicazione di variazione del capitale sociale",
     "type": "2.5 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 15 della direttiva 2004/109/CE | Totale dei diritti di voto e del capitale"
    },
    {
     "category": "2.5 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 15 della direttiva 2004/109/CE | Totale dei diritti di voto e del capitale",
     "date": "2026-07-30",
     "source": "https://www.emarketstorage.it/sites/default/files/comunicati/2026-07/20260730_187518.pdf",
     "title": "Execus S.p.A. - Comunicazione di variazione del capitale sociale",
     "type": "2.5 | Informazioni previste dalla regolamentazione fornite su base continuativa | tutte le informazioni comunicate ai sensi dell'articolo 15 della direttiva 2004/109/CE | Totale dei diritti di voto e del capitale"
    }
   ],
   "latest_filing_date": "2026-10-15",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.it-cm-kg.ai/events/EXGM/IT0005557530",
   "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": "IT0005557530"
   },
   "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 IT0005557530)",
    "state": "sourced",
    "value": "81560097D0DDAE1FFD61"
   },
   "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": "EXECUS"
   },
   "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": "IT0005557530"
   },
   "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:fe6ad21edf52ec29743335148982d50c0b463b304f9191829e9b850991432ecb",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-10-13",
     "kind": "independent",
     "publisher": "Intermonte",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en",
     "state": "sourced",
     "title": "Execus S.p.A."
    },
    {
     "date": "2025-10-06",
     "kind": "independent",
     "publisher": "Banca Finnat Euramerica",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en",
     "state": "sourced",
     "title": "Execus S.p.A."
    },
    {
     "date": "2025-05-29",
     "kind": "independent",
     "publisher": "Banca Finnat Euramerica",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en",
     "state": "sourced",
     "title": "Execus S.p.A."
    },
    {
     "date": "2025-04-14",
     "kind": "independent",
     "publisher": "Banca Finnat Euramerica",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en",
     "state": "sourced",
     "title": "Execus S.p.A."
    },
    {
     "date": "2025-02-14",
     "kind": "independent",
     "publisher": "Banca Finnat Euramerica",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en",
     "state": "sourced",
     "title": "Execus S.p.A."
    }
   ],
   "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/IT0005557530",
   "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:fe6ad21edf52ec29743335148982d50c0b463b304f9191829e9b850991432ecb",
 "path": "/it/EXGM/IT0005557530",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is EXECUS, listed on Euronext Growth Milan under ticker IT0005557530 and ISIN IT0005557530, with LEI 81560097D0DDAE1FFD61. Its security type, segment, sector and jurisdiction are not on the record. Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 18 filings on 16 filing days in the twelve months to 2026-11-06. The median gap between filing days is 9 days. The latest filing is dated 2026-10-15, 22 days before the record date. The median gap between filing days for Euronext Growth Milan is 11.0 days, and the median filings per issuer is 5, across 203 issuers. The median latency for the exchange is 21 days. The sector median is not on the record. The latest filing is type 2.2, inside information.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. Auditor changes are not on the record, as 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 record shows the issuer as 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/it/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.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 5 openly published research notes: Intermonte on 2025-10-13, and Banca Finnat Euramerica on 2025-10-06, 2025-05-29, 2025-04-14 and 2025-02-14.",
   "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'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": "7 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/IT0005557530"
  },
  {
   "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://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005557530&lang=en"
  },
  {
   "for": "the record",
   "source": "https://mcp.it-cm-kg.ai/record/EXGM/IT0005557530"
  }
 ],
 "title": "EXECUS (IT0005557530) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}