---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017119"
form_type: "8-K"
ticker: "PAPL"
cik: "0001938109"
company_name: "Pineapple Financial Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:38:28.364382+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pineapple Financial enters ISDA Master Agreement with FalconX for INJ hedging

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-017119
- form_type: 8-K
- ticker: PAPL
- cik: 0001938109
- company_name: Pineapple Financial Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1938109/000149315225017119/0001493152-25-017119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1938109/000149315225017119/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017119
- JSON: https://secwatch.observer/filing/0001493152-25-017119.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017119.txt

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