Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share
Pineapple Financial Inc. (PAPL)
Company Research
Source: GlobeNewswire
Toronto, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Pineapple Financial, Inc. (NYSE: PAPL) (the “Company”), Canada’s tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across the country, today announced the closing of its registered direct offering (the “Offering”) with aggregate gross proceeds to the Company of approximately $1,000,000, prior to deducting fees and other expenses payable by the Company. The Offering consisted of 1,666,667 common shares and pre-funded warrants. Each common share (or pre-funded warrant in lieu thereof) was sold at a purchase price of $0.60 per share (or $0.5999 per pre-funded warrant after reducing $0.0001 attributable to the exercise price of the pre-funded warrants). D. Boral Capital LLC acted as exclusive placement agent for the offering. Sichenzia Ross Ference Carmel LLP acted as U.S. legal counsel to Pineapple Financial, Inc. The proposed offering of the securities described above was offered by the Co
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News
- Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share [Canadian Business Journal (Canada)]Canadian Business Journal
- Pineapple Financial, Inc. Announces Closing of $1.0 Million Registered Direct Offering at $0.60 per share [Yahoo! Finance]Yahoo! Finance
- Global Mortgage Lender Market Expected to Grow to $1.8 Trillion In 2028GlobeNewswire
- Pineapple Financial, Inc. Announces Pricing of $1.0 Million Registered Direct Offering [Canadian Business Journal (Canada)]Canadian Business Journal
- Correction: Pineapple Financial, Inc. Announces Pricing of $1.0 Million Registered Direct Offering at $0.60 Per ShareGlobeNewswire
PAPL
Sec Filings
- 11/19/24 - Form 8-K
- 11/14/24 - Form 424B5
- 10/30/24 - Form EFFECT
- PAPL's page on the SEC website