{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/MRCOW",
 "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# Mercator Acquisition Corp. (NASDAQ: MRCOW) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nMercator Acquisition Corp. is listed on NASDAQ under ticker MRCOW, ISIN USG6004M1157. The record holds no LEI, as no GLEIF record with the exact legal name in jurisdiction US-E9 is on the record. Its security type is SPAC by SIC 6770, its sector is 6770 Blank Checks, and its jurisdiction is the Cayman Islands. The segment is not on the record. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 20 filings across 10 filing days in the twelve months to 2026-11-08. By type, the record holds 3 corporate news, 8 directors' dealings, 4 prospectus, 4 regulatory filing and 1 results filing. The median gap between filing days is 6 days. The latest filing is dated 2026-08-25, and it is a regulatory filing, 75 days before the record date. On NASDAQ the median cadence gap is 6.0 days across 4,359 issuers, the median filings count is 52 and the median latency is 5.0 days. In sector 6770 Blank Checks the median cadence gap is 6.5 days across 819 issuers, the median filings count is 26 and the median latency is 44 days. The issuer's filing count of 20 is below both the NASDAQ and sector medians. Its latency of 75 days is above both the NASDAQ and sector medians.\n\n## Auditor\n\nThe auditor of record is not on the record, as the latest annual report cover carries no dei:AuditorName tag. Its location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds two listing lines, both dated 2026-07-08. The record holds no delisting, name change or segment move lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The issuer is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable, as the chapter's orderability section carries no client categories. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/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 0.\n\n## Open research\n\nNo openly published research notes were found on the record, so the count is 0.\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 record holds sealed data for the issuer for the year 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\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://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0002106436.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/MRCOW (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/MRCOW (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/MRCOW",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 819,
     "median_cadence_gap_days": 6.5,
     "median_filings": 26,
     "median_latency_days": 44,
     "name": "6770 Blank Checks"
    }
   },
   "by_type": {
    "corporate_news": 3,
    "directors_dealings": 8,
    "prospectus": 4,
    "regulatory_filing": 4,
    "results": 1
   },
   "cadence_median_gap_days": 6,
   "filing_days": 10,
   "filings": 20,
   "latency_days": 75,
   "latest": [
    {
     "category": "NT 10-Q",
     "date": "2026-08-25",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026093509/ea0303362-nt10q_mercator.htm",
     "title": "NT 10-Q — NOTIFICATION OF LATE FILING",
     "type": "regulatory_filing"
    },
    {
     "category": "10-Q",
     "date": "2026-08-25",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026093170/ea0301961-10q_mercator.htm",
     "title": "10-Q — QUARTERLY REPORT",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-08-13",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026088514/ea0301794-8k_mercator.htm",
     "title": "8-K — CURRENT REPORT (items 8.01,9.01)",
     "type": "corporate_news"
    },
    {
     "category": "8-K",
     "date": "2026-08-07",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026086670/ea0299676-8k_mercator.htm",
     "title": "8-K — CURRENT REPORT (items 8.01,9.01)",
     "type": "corporate_news"
    },
    {
     "category": "8-K",
     "date": "2026-07-17",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026078814/ea0298187-8k_mercator.htm",
     "title": "8-K — CURRENT REPORT (items 1.01,3.02,5.03,8.01,9.01)",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-08-25",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/MRCOW",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-09-10",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "USG6004M1157"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002106436.json",
    "state": "sourced",
    "value": "Cayman Islands"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-E9",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002106436.json",
    "state": "sourced",
    "value": "Mercator Acquisition Corp."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002106436.json",
    "state": "sourced",
    "value": "6770 Blank Checks"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002106436.json",
    "state": "sourced",
    "value": "SPAC (by SIC 6770)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "MRCOW"
   },
   "website": {
    "market": "US",
    "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": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2026-07-08",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000121390026076260/ea0297365-8a12b_mercator.htm",
     "title": "8-A12B — FOR REGISTRATION OF CERTAIN CLASSES"
    },
    {
     "date": "2026-07-08",
     "source": "https://www.sec.gov/Archives/edgar/data/2106436/000135445726000651/8A_CERT_MRCO_0002106436.pdf",
     "title": "CERT"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:9d01e9ea2e3c7c14022d3580b495ecdc3835d1187c9dd8e2153879695b7c37b5",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-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/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/MRCOW",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:9d01e9ea2e3c7c14022d3580b495ecdc3835d1187c9dd8e2153879695b7c37b5",
 "path": "/us/NASDAQ/MRCOW",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Mercator Acquisition Corp. is listed on NASDAQ under ticker MRCOW, ISIN USG6004M1157. The record holds no LEI, as no GLEIF record with the exact legal name in jurisdiction US-E9 is on the record. Its security type is SPAC by SIC 6770, its sector is 6770 Blank Checks, and its jurisdiction is the Cayman Islands. The segment is not on the record. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 20 filings across 10 filing days in the twelve months to 2026-11-08. By type, the record holds 3 corporate news, 8 directors' dealings, 4 prospectus, 4 regulatory filing and 1 results filing. The median gap between filing days is 6 days. The latest filing is dated 2026-08-25, and it is a regulatory filing, 75 days before the record date. On NASDAQ the median cadence gap is 6.0 days across 4,359 issuers, the median filings count is 52 and the median latency is 5.0 days. In sector 6770 Blank Checks the median cadence gap is 6.5 days across 819 issuers, the median filings count is 26 and the median latency is 44 days. The issuer's filing count of 20 is below both the NASDAQ and sector medians. Its latency of 75 days is above both the NASDAQ and sector medians.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, as the latest annual report cover carries no dei:AuditorName tag. Its location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds two listing lines, both dated 2026-07-08. The record holds no delisting, name change or segment move lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable, as the chapter's orderability section carries no client categories. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/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 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record, so the count is 0.",
   "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 record holds sealed data for the issuer for the year 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "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://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0002106436.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/MRCOW"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/MRCOW"
  }
 ],
 "title": "Mercator Acquisition Corp. (MRCOW) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}