---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-024095"
form_type: "8-K"
ticker: "PNPL"
cik: "0001654672"
company_name: "PINEAPPLE, INC."
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T21:03:16.462307+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Pineapple terminates $1M stock purchase agreement for 50% of CGI

## Summary
- Agreement to acquire up to 50,000 shares (50% of CGI) from Pineapple Ventures for $1,000,000 terminated.
- Company had paid $100,000 and later $195,000 refundable deposit; balance of $805,000 never paid.
- Termination effective August 22, 2022; all funds to be returned to originating parties.
- Previously extended closing date to August 5, 2022; deal now unwound.

## SEC filing metadata
- accession: 0001493152-22-024095
- form_type: 8-K
- ticker: PNPL
- cik: 0001654672
- company_name: PINEAPPLE, INC.
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654672/000149315222024095/0001493152-22-024095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654672/000149315222024095/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-024095
- JSON: https://secwatch.observer/filing/0001493152-22-024095.json
- Plain text: https://secwatch.observer/filing/0001493152-22-024095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.