Christa Mitchell resigned as Chief Strategy Officer at Pineapple Financial Inc..
“Christa Mitchell, Chief Strategy Officer of Pineapple Financial Inc. (the “Company”), notified the Company that she would resign as Chief Strategy Officer, effective March 7, 2025.”
Nima Besharat resigned as Director at Pineapple Financial Inc..
“On February 18, 2025, the Board of Pineapple Financial Inc. (the " Company ") received by email a resignation letter from Nima Besharat, a director of the Company, pursuant to which Mr. Besharat resigned as director of the Company, effective immediately.”
Christa Mitchell resigned as member of the board of directors at Pineapple Financial Inc..
“On September 5, 2024, Christa Mitchell. a member of the board of directors (the “Board”) of Pineapple Financial Inc. (the “Company”), notified the Company that she would resign from the Board, effective immediately.”
Debt Financings
Pineapple Financial Inc. incurred convertible notes of $300,000 with Brown Stone Capital Ltd. at 8% per annum maturing twenty four (24) months from the date of the issuance.
“the Company has agreed to sell to the Investor a convertible promissory note (the “Note”) in the aggregate principal amount of $300,000, with an 8% per annum interest rate and a maturity date of twenty four (24) months from the date of the issuance.”
Material Agreements
Pineapple Financial Inc. entered into Securities Purchase Agreement with Brown Stone Capital Ltd. valued at convertible promissory note in aggregate principal amount of $300,000 with 8% interest, warrants to (effective 2024-05-10).
“Concurrently, on May 10, 2024, the Company entered into a securities purchase agreement (the “SPA” and together with the EPA and the RRA as the “Agreements”) with the Investor, pursuant to which the Company has agreed to sell to the Investor a convertible promissory note (the “Note”) in the aggregate principal amount of $300,000, with an 8% per annum interest rate and a maturity date of twenty four (24) months from the date of the issuance.”
Material Agreements
Pineapple Financial Inc. entered into Registration Rights Agreement with Brown Stone Capital Ltd. valued at register the EPA Shares (effective 2024-05-10).
“In relation to the EPA Shares the Company has entered into a registration rights agreement dated May 10, 2024 (the “RRA”) with the Investors, requiring the Company to register the EPA Shares issued under the EPA.”
Material Agreements
Pineapple Financial Inc. entered into Equity Purchase Agreement with Brown Stone Capital Ltd. valued at up to $15,000,000 of common shares (effective 2024-05-10).
“On May 10, 2024, Pineapple Financial Inc. (the “Company”) entered into an equity purchase agreement (the “EPA”) with Brown Stone Capital Ltd., a corporation organized under the laws of England and Wales (the “Investor”) pursuant to which the Company shall issue and sell to the Investor, from time to time as provided herein, and the Investor shall purchase up to Fifteen Million Dollars ($15,000,000.00) of the Company’s common shares and issue 200,000 Company’s common shares as a commitment fee under the EPA to the Investor (collectively as the “EPA Shares”) at purchase price to be determined as per the terms and conditions of the EPA.”
Shareholder Votes
Pineapple Financial Inc. shareholders approved Non-binding advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers at the 2024-02-29 meeting.
“Three Year Two Year One Year 1,831,587 2,167 116,751”
Shareholder Votes
Pineapple Financial Inc. shareholders approved Advisory vote on the compensation of the named executive officers at the 2024-02-29 meeting.
“Votes For Votes Against Votes Abstain 1,949,785 131 1,530”
Shareholder Votes
Pineapple Financial Inc. shareholders approved Ratification of the appointment of MNP LLP as the independent registered public accounting firm of the Company for the fiscal year ending August 31, 2024 at the 2024-02-29 meeting.
“Votes For Votes Against Votes Abstain 2,147,249 - 572”
Shareholder Votes
Pineapple Financial Inc. shareholders approved Election of seven directors, each to serve until his/her successor is duly elected and qualified or until his/her earlier resignation or removal at the 2024-02-29 meeting.
“Director Nominee Votes For Votes Against Shubha Dasgupta 1,950,041 1,405 Christa Mitchell 1,950,235 1,211 Kendall Marin 1,950,235 1,211 Drew Green 1,847,882 103,564 Paul Baron 1,950,446 1,000 Tasis Giannoukakis 1,950,346 1,100 Nima Besharat 1,950,235 1,211”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.