{
 "as_of": "2026-11-06",
 "cmr": "pl-cm-kg/XWAR/NL0010391108",
 "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# PHOTON (GPW Main Market: NL0010391108) — research page\n\nAs of 2026-11-06 · pl-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is PHOTON, listed on GPW Main Market under ticker NL0010391108, with ISIN NL0010391108 and LEI 315700YHFON9RJOPCK19. 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 37 filings in the twelve months to 2026-11-06, across 33 filing days. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-15 and is of type 31/2026 ESPI, 22 days before the record date. The exchange median is 8.0 days of cadence, 31.0 filings and 10 days of latency across 436 issuers. The sector 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, as the market's 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 the market's register has no lifecycle type map yet. The index carries no halt; the issuer 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/pl/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\nNo openly published research notes were found.\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 for this market is not sealed. No issuer years are sealed, and the market's earliest sealed date and the start of the live record are not on the record.\n\n## Sources\n\n6 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.pl-cm-kg.ai/events/XWAR/NL0010391108 (the disclosure lines)\n- https://www.gpw.pl/zawieszenia-i-wykluczenia (the halt flag)\n- https://pl.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.pl-cm-kg.ai/record/XWAR/NL0010391108 (the record)\n",
 "market": "PL",
 "node": "pl-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the PL vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "PL",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "PL",
    "state": "not_on_record"
   },
   "changes": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "pl-cm-kg/XWAR/NL0010391108",
  "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": 436,
     "median_cadence_gap_days": 8,
     "median_filings": 31,
     "median_latency_days": 10,
     "name": "GPW Main Market"
    },
    "sector": {
     "market": "PL",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "10/2026 ESPI": 1,
    "11/2026 ESPI": 1,
    "12/2026 ESPI": 1,
    "13/2026 ESPI": 1,
    "14/2026 ESPI": 1,
    "15/2026 ESPI": 1,
    "16/2026 ESPI": 1,
    "17/2026 ESPI": 1,
    "18/2026 ESPI": 1,
    "19/2026 ESPI": 1,
    "2/2026 ESPI": 1,
    "20/2026 ESPI": 1,
    "21/2026 ESPI": 1,
    "22/2026 ESPI": 1,
    "23/2026 ESPI": 1,
    "24/2026 ESPI": 1,
    "25/2026 ESPI": 1,
    "26/2026 ESPI": 1,
    "27/2026 ESPI": 1,
    "28/2026 ESPI": 1,
    "29/2026 ESPI": 1,
    "3/2026 ESPI": 1,
    "30/2026 ESPI": 1,
    "31/2026 ESPI": 1,
    "4/2026 ESPI": 1,
    "5/2026 ESPI": 1,
    "6/2026 ESPI": 1,
    "7/2026 ESPI": 1,
    "8/2026 ESPI": 1,
    "9/2026 ESPI": 1,
    "EBI Current": 1,
    "ESPI Current": 6
   },
   "cadence_median_gap_days": 7.5,
   "filing_days": 33,
   "filings": 37,
   "latency_days": 22,
   "latest": [
    {
     "category": "31/2026 ESPI",
     "date": "2026-10-15",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498955&title=Monthly+Report+for+September+2026",
     "title": "Monthly Report for September 2026",
     "type": "31/2026 ESPI"
    },
    {
     "category": "30/2026 ESPI",
     "date": "2026-10-15",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498886&title=Photon+Energy+Group+Announces+Change+of+Group+CFO",
     "title": "Photon Energy Group Announces Change of Group CFO",
     "type": "30/2026 ESPI"
    },
    {
     "category": "29/2026 ESPI",
     "date": "2026-10-02",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498198&title=Photon+Energy+Group+announces+the+appointment+of+Andrej+Horansky+as+new+CFO%3B+Stanislav+Zemans+assumes+COO+position",
     "title": "Photon Energy Group announces the appointment of Andrej Horansky as new CFO; Stanislav Zemans assumes COO position",
     "type": "29/2026 ESPI"
    },
    {
     "category": "28/2026 ESPI",
     "date": "2026-09-30",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=498068&title=The+Change+of+Date+of+the+Annual+Report+2025+Publication",
     "title": "The Change of Date of the Annual Report 2025 Publication",
     "type": "28/2026 ESPI"
    },
    {
     "category": "27/2026 ESPI",
     "date": "2026-09-25",
     "source": "https://www.gpw.pl/espi-ebi-report?geru_id=497723&title=Photon+Energy+N.V.+Sells+7.6+MWp+of+PV+Operational+Assets+in+Slovakia",
     "title": "Photon Energy N.V. Sells 7.6 MWp of PV Operational Assets in Slovakia",
     "type": "27/2026 ESPI"
    }
   ],
   "latest_filing_date": "2026-10-15",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.pl-cm-kg.ai/events/XWAR/NL0010391108",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "GPW Main Market"
   },
   "isin": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "NL0010391108"
   },
   "jurisdiction": {
    "market": "PL",
    "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 NL0010391108)",
    "state": "sourced",
    "value": "315700YHFON9RJOPCK19"
   },
   "name": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "PHOTON"
   },
   "sector": {
    "market": "PL",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "PL",
    "state": "not_on_record"
   },
   "segment": {
    "market": "PL",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "ESMA FIRDS full equity files 2026-11-07 (registers.esma.europa.eu Solr file index (esma_registers_firds_files)); CFI ES*, MIC in ['XNCO', 'XWAR'], no termination date",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/",
    "state": "sourced",
    "value": "NL0010391108"
   },
   "website": {
    "market": "PL",
    "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": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "PL",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "PL",
  "node": "pl-cm-kg",
  "numbers_hash": "sha256:4fd20a400abb549398cce0970a3b5d4d80c6d6ab046264af5c64ce89434f7675",
  "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://pl.eu-cm-kg.ai/book/aio.json",
    "door": "https://pl.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/pl/mifid-ii-product-governance/r1",
   "section": "pl.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.pl-cm-kg.ai/record/XWAR/NL0010391108",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:4fd20a400abb549398cce0970a3b5d4d80c6d6ab046264af5c64ce89434f7675",
 "path": "/pl/XWAR/NL0010391108",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is PHOTON, listed on GPW Main Market under ticker NL0010391108, with ISIN NL0010391108 and LEI 315700YHFON9RJOPCK19. 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 37 filings in the twelve months to 2026-11-06, across 33 filing days. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-15 and is of type 31/2026 ESPI, 22 days before the record date. The exchange median is 8.0 days of cadence, 31.0 filings and 10 days of latency across 436 issuers. The sector 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, as the market's 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 the market's register has no lifecycle type map yet. The index carries no halt; the issuer 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/pl/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": "No openly published research notes were found.",
   "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 for this market is not sealed. No issuer years are sealed, and the market's earliest sealed date and the start of the live record are not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 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.pl-cm-kg.ai/events/XWAR/NL0010391108"
  },
  {
   "for": "the halt flag",
   "source": "https://www.gpw.pl/zawieszenia-i-wykluczenia"
  },
  {
   "for": "the orderability chapter",
   "source": "https://pl.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.pl-cm-kg.ai/record/XWAR/NL0010391108"
  }
 ],
 "title": "PHOTON (NL0010391108) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}