secwatch.observer — SEC 8-K summary
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Issuer:     Pineapple Financial Inc. (PAPL)
CIK:        0001938109
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001493152-24-046809
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pineapple Financial raises ~$1.0M in registered direct offering of shares and pre-funded warrants
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- Offering includes 382,667 common shares at $0.60/share and pre-funded warrants for 1,284,000 shares at $0.5999 per warrant.
- Gross proceeds of approximately $1.0 million; offering closed November 14, 2024.
- Additional warrants to purchase 1,666,667 common shares at $0.60/share, exercisable in 6 months, expiring in 5.5 years.
- Placement agent D. Boral Capital receives 7% cash fee and warrants for 58,333 shares at $0.66 per share.
- Company agrees to 60-day lock-up on further equity issuance and variable rate transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938109/000149315224046809/0001493152-24-046809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938109/000149315224046809/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-046809

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