Business
Pineapple Financial Inc. (PAPL) Announces Pricing of $1.5 Million Public Offering
Toronto, Ontario--(Newsfile Corp. - May 2, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company"), a leading Canadian mortgage technology and brokerage firm, today announced the pricing of a public offering of 10,000,000 units, each unit consisting of either one share of the Company's common stock and one warrant to purchase one share of the Company's common stock at a public offering price of $0.15 per unit. The offering is ...
About this update from Pineapple Financial Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 2, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company"), a leading Canadian mortgage technology and brokerage firm, today announced the pricing of a public offering of 10,000,000 units, each unit consisting of either one share of the Company's common stock and one warrant to purchase one share of the Company's common stock at a public offering price of $0.15 per unit.","length":471,"tagName":"p"},{"type":"text","content":"The offering is expected to close on or about May 5, 2025, subject to customary closing conditions.","length":99,"tagName":"p"},{"type":"text","content":"D. Boral Capital LLC ("D. Boral Capital") is acting as the Exclusive Placement Agent for the offering. Sichenzia Ross Ference Carmel LLP is acting as legal counsel to the Company, Lucosky Brookman LLP is acting as legal counsel to D. Boral Capital.","length":258,"tagName":"p"},{"type":"text","content":"The offering is being conducted pursuant to the Company's registration statement on Form S-1, as amended May 1, 2025 (File No. 333-286783), previously filed April 25, 2025 with the Securities and Exchange Commission ("SEC") that was declared effective by the SEC on May 1, 2025. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Electronic copies of the final prospectus relating to this offering, when available, may be obtained from D. Boral Capital LLC 590 Madison Avenue, 39th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at [email protected] or telephone at (212) 970-5150.","length":709,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.","length":366,"tagName":"p"},{"type":"text","content":"About Pineapple Financial","length":25,"tagName":"p"},{"type":"text","content":"Pineapple Financial Inc. (NYSE American: PAPL) is a leading Canadian mortgage technology and brokerage compa...