⊕ JOURNAL

Notes from the filing layer.

Walkthroughs, recipe deep-dives, and the occasional opinion on what SEC filing intelligence looks like when the agent is the user.

Jun 17, 2026 #25-nse #form-25 #delisting

Most delistings aren't failures: how to read a 25-NSE

A 25-NSE means a stock is leaving an exchange — but most of the time nothing bad happened. The one character in the filing that tells you whether it's a routine bond maturity or a company in trouble.

Jun 12, 2026 #mcp #agents #web-search

MCP vs web search: which does your AI agent actually need?

"MCP vs web search" is two different questions wearing one phrase. Web-search MCP servers vs built-in search is a preference call. Domain MCP tools vs searching the web at all is a measured one: 10–21× fewer tokens, and correctness flips.

Jun 12, 2026 #mcp #token-efficiency #benchmark

MCP token efficiency, measured from the other side: 10–21× fewer tokens than web search

Every "MCP token efficiency" number you've read measures protocol overhead — schemas, tool definitions, the input-side tax. Real, and worth dieting. We benchmarked the other side: domain MCP tools instead of web search. 10–21× fewer tokens, 10–21× cheaper, and correctness flipped.

Jun 9, 2026 #8-k #credit #bankruptcy

What you could have known on October 31: Luminar's bankruptcy, six weeks early, in the 8-K tape

Luminar's Oct 31 8-K said cash wouldn't survive Q1 and a covenant breach loomed. The Chapter 11 came 45 days later. The full filing trail, with receipts.

Jun 9, 2026 #mcp #hedge-funds #ai-research

AI SEC filing analysis for hedge funds — the Sunday-night IC prep, with receipts

An AI session split e.l.f.'s 25% revenue growth into $293.5M acquired vs $29.5M organic, every number cited to an SEC accession. The workflow, timed and costed.

Jun 9, 2026 #mcp #ai-research #hallucination

AI hallucination in investment research: I set five traps for my own SEC filings toolkit

A fake company, a fabricated 8-K, a consensus ask, a stale 13F, and a fake-bullish insider tape — five traps run against the live toolkit, outputs unedited.

Jun 7, 2026 #sec-filings #explainer #glossary

SEC filing types explained: a plain-English guide to the forms that matter

What a 10-K, 8-K, 13D, Form 4, S-1, and 13F actually are — who files them, how often, and what you'd read each one for. A working map of the EDGAR forms that move.

Jun 7, 2026 #13d #13g #beneficial-ownership

Schedule 13D vs 13G explained: the 5% rule and the 2024 deadline changes

When a 13D vs a 13G gets filed, the activist-intent test that decides which, and the shortened 2024 filing deadlines every investor-relations and event-driven desk now works to.

Jun 7, 2026 #8-k #reference #sec-filings

The 8-K item index: every item number explained (1.01 to 9.01)

A complete reference to all 8-K item codes — what each one discloses, which ones carry real signal, and how to filter the ~30 triggers down to the events that matter.

May 14, 2026 #about #openness #mcp

Three numbers behind edgar.tools

edgar.tools the platform stands on edgartools the open-source library. Here's the lineage in three numbers — and what it means for an analyst, a quant, or an AI team building on SEC data.