other material
confidence high
sentiment neutral
materiality 0.60
Pineapple issues 1.22M shares to consultants and management under Section 4(a)(2) exemption
PINEAPPLE, INC.
- Board approved issuance of 1,220,000 shares of common stock to five individuals, including CEO and officers.
- CEO Shawn Credle and Chief Strategy Officer Marco Rullo each receive 500,000 shares; CCO Joshua Eisenberg receives 200,000.
- Consultants Dr. Randy Hurwitz and Jack Pulliam each receive 10,000 shares.
- Shares vest immediately and are subject to existing lock-up agreements.
- Issuance exempt from registration under Securities Act Section 4(a)(2).