Pineapple Financial Inc. (PAPL): Nasdaq/NYSE listing notice — NYSE American begins delisting Pineapple Financial over low bid price; shares move to OTC Pink

Pineapple Financial Inc.

NYSE American delisting proceedings commenced May 14, 2025, due to bid price falling below $0.10.
Company intends to appeal to Listings Qualifications Panel; shares now trade on OTC Pink (PAPLF).
Reverse stock split approved by Board; special shareholder meeting scheduled for June 2025.
Company attributes price decline to false and malicious information; operations remain unaffected.
No assurance appeal will succeed; trading suspended pending SEC application.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Pineapple Financial Inc. received a nyse_american delisting notice notice regarding minimum bid price (rules 1003(f)(v)).

Exchange: nyse american
Notice: delisting notice
Deficiency: minimum bid price
Rules: 1003(f)(v)

Exact text from the filing

May 14, 2025, NYSE American LLC (“ NYSE American ” or the “ Exchange ”) publicly announced and provided a notice to Pineapple Financial Inc. (the “ Company ”) that the NYSE Regulation has suspended trading of, and determined to commence proceedings to delist, the Company’s common shares, no par value per share (the “ Common Shares ”), from NYSE American. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide (the “ Company Guide ”) due to the low selling price of the Common Shares. The Company has a ri

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Pineapple Financial Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-011531

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