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Stock impact report

Pineapple Financial, Inc. Announces Pricing of $1.0 Million Registered Direct Offering [Canadian Business Journal (Canada)]

Pineapple Financial Inc. (PAPL) 
Toronto, Nov. 13, 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 that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.0 million worth of its common shares (or common share equivalents in lieu thereof)  in a registered direct offering.The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.0 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about November 15, 2024, subject to the satisfaction of customary closing conditions.D. Boral Capital LLC is acting as exclusive placement agent for the offering.Sichenzia Ross Ference Carmel LLP is acting as U.S. legal counsel to Pineapple Financial, Inc.The proposed offering of the se Show less Read more
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