secwatch.observer — SEC 8-K summary
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Issuer:     Pineapple Financial Inc. (PAPL)
CIK:        0001938109
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001641172-25-011531
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE American begins delisting Pineapple Financial over low bid price; shares move to OTC Pink
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938109/000164117225011531/0001641172-25-011531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938109/000164117225011531/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-011531

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