A variable ULX and possible IMBH candidate in M51a
Hannah M. Earnshaw, Timothy P. Roberts, Lucy M. Heil, Mar Mezcua,, Dominic J. Walton, Chris Done, Fiona A. Harrison, George B. Lansbury, Matthew, J. Middleton, Andrew D. Sutton

TL;DR
ULX-7 in M51a exhibits unusual high variability and a hard spectrum, suggesting it may be an intermediate-mass black hole, but other explanations like a neutron star cannot be ruled out.
Contribution
This study provides multi-wavelength analysis and new mass estimates for ULX-7, proposing it as a candidate intermediate-mass black hole with unique spectral and timing properties.
Findings
Hard X-ray spectrum with photon index ~1.5 persists despite luminosity changes.
Power spectrum shows a break consistent with low/hard state black holes.
Upper mass limits of 1.6x10^3 and 3.5x10^4 solar masses suggest an intermediate-mass black hole.
Abstract
ULX-7, in the northern spiral arm of M51, demonstrates unusual behaviour for an ultraluminous X-ray source, with a hard X-ray spectrum but very high short-term variability. This suggests that it is not in a typical ultraluminous state. We analyse the source using archival data from XMM-Newton, Chandra and NuSTAR, and by examining optical and radio data from HST and VLA. Our X-ray spectral analysis shows that the source has a hard power-law spectral shape with a photon index Gamma~1.5, which persists despite the source's X-ray luminosity varying by over an order of magnitude. The power spectrum of the source features a break at 6.5^{+0.5}_{-1.1}x10^-3 Hz, from a low-frequency spectral index of alpha_1=-0.1^{+0.5}_{-0.2} to a high-frequency spectral index of alpha_2=0.65^{+0.05}_{-0.14}, making it analogous to the low-frequency break found in the power spectra of low/hard state black…
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