Pineapple Financial INC
Market Movers (8-K)
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Pineapple Financial Inc. announced a change in its independent registered public accounting firm and the appointment of an advisory firm for digital asset treasury strategy.
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Pineapple Financial Inc. has increased its share repurchase program authorization from $3 million to $15 million to signal confidence in long-term value.
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Pineapple Financial Inc. announced the successful election of six directors and the ratification of MNP LLP as its independent auditor at its 2026 Annual Meeting of Stockholders.
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Pineapple Financial Inc. announced new employment agreements for its CEO and President, and a new director agreement for its Chairman, effective February 5, 2026, detailing compensation and a unique asset transfer clause.
Worse than expected
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Pineapple Financial Inc. appointed Anthony Georgiades to its Board of Directors and established a Special Advisory Committee to oversee its digital asset treasury strategy.
Capital raise
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Pineapple Financial Inc. has amended its securities purchase and registration rights agreements, extending the escrow deadline and establishing a new Special Advisory Committee focused on digital asset treasury strategy with Injective Foundation's involvement.
Delay expected
Capital raise
Quarterly Earnings (10-Q)
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Pineapple Financial Inc. reported a significant net income of $25.3 million for the three months ended May 31, 2026, driven by its Digital Asset Treasury strategy, a substantial shift from the prior year's net loss.
Better than expected
Capital raise
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Pineapple Financial Inc. reported a significant net loss for the six months ended February 28, 2026, primarily due to non-cash fair value adjustments on digital assets, while also addressing substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
AMEX
Pineapple Financial Inc. reported a significant net loss of $6.4 million for Q1 2026, primarily driven by a $6.1 million fair value loss on Injective digital assets, raising substantial doubt about its going concern ability.
Worse than expected
Delay expected
Capital raise
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10-Q: Pineapple Financial Reports Reduced Losses Amidst NYSE Delisting Appeal and Strategic Cost Controls
Pineapple Financial Inc. reported a significant reduction in net loss for the nine months ended May 31, 2025, driven by increased mortgage origination volumes and disciplined cost management, despite facing a NYSE American delisting notice and ongoing going concern uncertainties.
Capital raise
Better than expected
AMEX
Pineapple Financial Inc. reports a reduced net loss for the six months ended February 28, 2025, driven by increased loan origination volumes and cost management, despite a slight revenue decrease in the recent quarter.
Capital raise
Better than expected
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Pineapple Financial Inc. saw a revenue increase and a reduction in net losses for the quarter ended November 30, 2024, compared to the same period in the previous year.
Capital raise
Better than expected
Annual Reports (10-K)
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Pineapple Financial Inc. filed an amendment to its annual report, disclosing ineffective disclosure controls and a material weakness in internal control over financial reporting.
Delay expected
Worse than expected
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Pineapple Financial Inc. reported a narrower net loss for fiscal year 2025, driven by increased mortgage originations and cost efficiencies, while strategically expanding into digital assets and insurance.
Better than expected
Capital raise
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Pineapple Financial Inc. reports a 9.33% increase in residential mortgage loans to $1.529 billion for fiscal year 2024, despite a net loss of $4.102 million.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Paul Robert Maurice Baron, a Director and 10% Owner of Pineapple Financial Inc., has acquired 2,523 Restricted Stock Units and 2,500 Stock Options, both vesting immediately.
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Pineapple Financial Inc. Director Charles Andrew Green has acquired 11,092 restricted stock units and 10,000 stock options, signaling increased insider ownership.
Better than expected
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Pineapple Financial Inc. CEO Shubha-Jeet Dasgupta received 12,638 restricted stock units and 20,000 stock options, aligning executive interests with shareholder value.
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Pineapple Financial Inc.'s Chief Operating Officer and Director, Kendall Leo Marin, was granted 12,638 restricted stock units and 20,000 stock options, both vesting immediately.
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Tasis Anastasios Giannoukakis, a Director of Pineapple Financial Inc., acquired 2,523 restricted stock units and 2,500 stock options, both vesting immediately.
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Pineapple Financial Inc.'s Chief Financial Officer, Syed Sarfraz Habib, acquired 5,023 restricted stock units and 11,046 stock options, both vesting immediately, as reported in a recent SEC Form 4 filing.
Proxy Statements (Def-14A)
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Pineapple Financial Inc. is holding a special meeting to approve the issuance of 24.6 million common shares for a $100 million private placement and to remove share transfer restrictions.
Delay expected
Capital raise
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Pineapple Financial Inc. is convening a special meeting of stockholders to approve a reverse stock split and the issuance of over 20% of its common shares, critical steps to address its recent NYSE American delisting and low stock price.
Capital raise
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Pineapple Financial Inc. has postponed its Annual Meeting from February 28, 2025, to March 7, 2025, due to an administrative error.
Worse than expected
Delay expected
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Pineapple Financial Inc. will hold its 2025 Annual Meeting of Stockholders on February 28, 2025, to elect directors and ratify the appointment of its independent auditor.
Capital raise
New Public Companies (S-1)
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Pineapple Financial Inc. reports improved net loss and revenue growth for fiscal year 2025, while embarking on a new digital asset treasury strategy and addressing significant liquidity concerns.
Worse than expected
Capital raise
Delay expected
AMEX
Pineapple Financial Inc. updates exhibits in its S-1 registration statement, signaling progress towards a proposed offering.
Capital raise
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Pineapple Financial Inc. aims to raise capital through a best-efforts offering of units and pre-funded units, each including common shares or warrants and additional warrants.
Worse than expected
Capital raise
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Pineapple Financial Inc. has filed an amendment to its registration statement for the potential resale of up to 13,910,991 common shares by a selling shareholder.
Worse than expected
Capital raise
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Pineapple Financial Inc. has filed an amendment to its registration statement to register up to 13,910,991 common shares for resale by a selling shareholder under an equity purchase agreement.
Capital raise
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Pineapple Financial Inc. has filed a registration statement for the resale of up to 13,910,991 common shares by a selling shareholder.
Capital raise
Schedule 13D - Activist Investments
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Injective Foundation and Glenn Kennedy report a significant 36.99% beneficial ownership in Pineapple Financial Inc. following a strategic investment.
Delay expected
Capital raise
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SCHEDULE 13D: Pineapple Financial Inc. COO Discloses Significant 10.3% Stake for Investment Purposes
Marin Kendall Leo, President and Chief Operating Officer of Pineapple Financial Inc., has disclosed beneficial ownership of 10.3% of the company's common shares, acquired with personal funds for investment purposes.