{
  "ticker": "NU",
  "company": "Nu Holdings Ltd.",
  "publication_status": "PUBLISHED_AS_IS_UNACCEPTED_DRAFT",
  "published_at_utc": "2026-08-27T12:18:48.570262+00:00",
  "published_by_user_direction": true,
  "independent_analytical_acceptance": "FAIL",
  "latest_challenger_iteration": 5,
  "unresolved_blockers": 8,
  "warning": "Provisional research draft. Not independently accepted and not investment-ready.",
  "blocker_titles": [
    "Reverse valuation workbook reconstruction is arithmetically wrong",
    "The workbook no transaction identity formula can never exercise the intended check",
    "Future issuance and current shareholder claims are not valued on a valid ownership basis",
    "Mature ROE convergence is an unsupported income plug and shocked terminal states do not converge through 2040",
    "The ARPAC to IFRS bridge is a residual plug rather than an independently forecast scope reconciliation",
    "Balanced statements contain dead or mislabeled drivers and an unreconciled funding base",
    "Peer market evidence does not provide a fresh same date ADR and local reconciliation",
    "Package closure is structurally intact but analytically false closed"
  ],
  "source_artifacts_preserved_byte_for_byte": true
}