secwatch.observer — SEC 8-K summary
======================================

Issuer:     PINEAPPLE, INC. (PNPL)
CIK:        0001654672
Form:       8-K
Filed at:   2022-08-26T23:59:59+00:00
Accession:  0001493152-22-024095
Event type: other_material
Sentiment:  negative
Materiality: 0.40
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654672/000149315222024095/0001493152-22-024095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654672/000149315222024095/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-024095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer