RCA CATALYST THE LEDGEREL LEDGER

PERMANENT RECORDREGISTRO PERMANENTE · LEDGER-SCHEMA-1.0

LEDGER — 2026-07-14

Commit recordRegistro de commit

sha256
1d656cb95c33b6997c50f25fa82d82588eaccfa700d6ac0e3f3723da59217b29
sealed_at
2026-07-14T18:32:28-04:00
published_at
2026-07-14T16:05:00-04:00
schema
LEDGER-SCHEMA-1.0

RegimeRégimen

Regime:Régimen: risk_on

The sealed tableLa tabla sellada

Rendered verbatim from the sealed file. All 16 rows are included, Pass rows are never filtered out.

Renderizada tal cual del archivo sellado. Las 16 filas están incluidas, las filas Pass nunca se filtran.

LONG

TICKER CES TIER KVD CAT DAYS-CATALYSTDÍAS-CATALIZADOR
$NXTC 77 Prime pro-forma pipeline value + $320M financed cash ma_deal 0
$SPRO 17 Marginal non-dilutive funding + immunology pipeline value ma_deal 0
$TSEM 15 Marginal SiPho/AI-datacenter capacity + 2028 revenue model guidance_raise 0
$NIO 15 Pass premium-SUV volume + swing to profitability analyst_initiation 1
$PMN 13 Pass PMN310 oligomer-selective target engagement clinical_data 0
$LVLU 11 Pass takeout optionality / strategic-review premium ma_deal 1
$VMAR 9 Pass gross-margin / cash-generation inflection earnings_beat 1
$GFUZ 9 Pass fusion-scarcity listing premium (no KVD) other 1
$WKEY 8 Pass revenue growth vs reaffirmed FY guide earnings_beat 1
$PLUR 6 Pass none — insider ownership PR other 0
$NAMI 3 Pass none — listing-compliance admin event other 0
$PSNL 3 Pass MRD/NeXT Personal volume ramp analyst_initiation 1

SHORT

TICKER CES TIER KVD CAT DAYS-CATALYSTDÍAS-CATALIZADOR
$IBM 40 Quality guidance_cut
$ERIC 35 Marginal margin_compression
$SILO 21 Marginal offering_dilution
$AMIX 0 Pass offering_dilution

KVD notesNotas KVD

$NXTC — Prime — CES 77

All-stock reverse merger with Avere Therapeutics (oral inflammatory-disease asset) + concurrent $320M private financing led by Fairmount/Hansoh; combined co to trade as AVRX. Pre-mkt +304%.

Invalidation:Invalidación: not recorded at scoring time. no registrada al momento de puntuar.

$IBM — Quality — CES 40

Q2 profit warning: prelim EPS $2.93 vs $3.01, rev $17.2B vs $17.86B; software/infra weak; HSBC cut to Reduce

Invalidation:Invalidación: not recorded at scoring time. no registrada al momento de puntuar.

Verify

The reader does not trust; the reader checks.

El lector no confía; el lector verifica.

$ curl -sO https://rcacatalyst.vip/ledger/2026-07-14.json
$ sha256sum 2026-07-14.json
1d656cb95c33b6997c50f25fa82d82588eaccfa700d6ac0e3f3723da59217b29

This hash was published before the opening bell,
at 18:32:28 ET, and has not changed.
$ curl -sO https://rcacatalyst.vip/ledger/2026-07-14.json
$ sha256sum 2026-07-14.json
1d656cb95c33b6997c50f25fa82d82588eaccfa700d6ac0e3f3723da59217b29

Este hash se publicó antes de la campana de apertura,
a las 18:32:28 ET, y no ha cambiado.

Disclaimer & immutabilityDescargo e inmutabilidad

This is an impersonal publication of general and regular circulation. It is not investment advice, is not tailored to any person, and creates no advisory or fiduciary relationship. No entry, exit, or position sizing guidance is given.

IMMUTABILITY: rows are never edited after publication. Corrections are appended below, dated and timestamped. The original text and the original hash remain.

Esta es una publicación impersonal de circulación general y regular. No es asesoría de inversión, no está adaptada a ninguna persona, y no crea relación de asesoría ni fiduciaria. No se da indicación de entrada, salida ni tamaño de posición.

INMUTABILIDAD: las filas nunca se editan después de publicadas. Las correcciones se anexan abajo, fechadas y con timestamp. El texto original y el hash original permanecen.

POST-CLOSE ENGINE REVIEW — appended REVISIÓN DEL ENGINE POST-CIERRE — anexada 2026-07-14T20:06:40-04:00

Written after the close by the RCA Engine pass over the labeled outcomes. Appended; the sealed file, its hash and every section above are untouched.

Escrita después del cierre por el repaso del RCA Engine sobre los resultados etiquetados. Anexada; el archivo sellado, su hash y cada sección de arriba permanecen intactos.

$NXTC — Prime — CES 77

The Prime row on the NXTC reverse merger scored forward magnitude the opening gap had already paid. With no ticker history (hist_label INSUF) the magnitude multiplier was read from the gap itself, a lagging-information circularity in which the same print served as both the catalyst and the evidence, and the open-to-close prior projected +8.1% against a realized -21.2%. The same-day control makes the defect visible: SPRO carried an identical catalyst score and identical tradeability and sealed at CES 17.

Adjustment:Ajuste: adopted in v3.7: an out-of-support gate in Step 3.5.d.vii caps any row whose opening gap exceeds 1.5x the maximum golden-set response (about +56%; 0 of 291 ideal rows exceed +37.6%) at Marginal via deepest_cap, with an escape only when a measured near-term delta on the company's own numbers exists. Re-scored, this row seals at CES 35, Marginal. — CONFIRMED, n=291.

LONG book

The Engine proposed two rules for opening gaps of 50% or more: cap rows whose KVD is classified emergent or pro-forma at Marginal regardless of the event score, and penalize emergent KVDs lacking a verifiable cash-flow metric on day zero by 30% of the magnitude component. The diagnosis was correct, the predicate was not. The emergent class is protected in four places of the model because it carries the strongest C4 pattern; the cap and the penalty together would double-count against the deepest-wins rule; and the day-zero cash-flow test fires on every clinical-stage readout the model exists to score. The proposed 50% threshold landed near the independently derived boundary, corroboration, not proof.

Adjustment:Ajuste: none for the proposal as stated; its diagnosis is carried by the adopted out-of-support gate. — OBSERVATION, n=1.

LONG book

Three scoring-loop defects surfaced by the same session. The signature test checked the gap on one side only, so a row with the opposite signature could pass as a golden match. The open-to-close prior extrapolated beyond its last populated cell, whose data reach +37.6%. And three of 31 historical rows carried urgency blocks that existed in prose but not in code.

Adjustment:Ajuste: adopted in v3.7: the signature test is two-sided, the prior refuses to extrapolate beyond observed support, and urgency_after_gates() enforces the blocks mechanically. 28 of 31 historical rows score unchanged. A claim-ratio gate is deferred: the out-of-support gate already caps the case, and a second overlapping gate at n=1 is unsupported. — CONFIRMED, n=31.