other material
confidence high
sentiment neutral
materiality 0.65
Pineapple Financial enters ISDA Master Agreement with FalconX for INJ hedging
Pineapple Financial Inc.
- Entered ISDA Master Agreement and Credit Support Annex with FalconX Bravo on Sept 30, 2025.
- Derivatives (swaps, caps, floors, forwards, options) will manage risk of INJ treasury holdings.
- Previously raised ~$100M in private placement to fund INJ Treasury Strategy; proceeds partially in escrow.
- Collateral must be posted based on mark-to-market exposure under the Credit Support Annex.
- Events of default include failure to pay, cross-default, bankruptcy, and misrepresentation.