Pineapple Financial Inc. has entered into a securities purchase agreement with certain accredited investors for a private placement of subscription receipts. The subscription receipts were sold at offering prices of $3.80 and $4.16 per receipt, depending on the purchaser. The company has amended the agreement multiple times, most recently on December 5, 2025, to require the filing and effectiveness of a registration statement with the SEC by specified deadlines. The transaction also includes the formation of a Special Advisory Committee to oversee the company's digital asset treasury strategy, with input from strategic advisors nominated by the Injective Foundation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pineapple Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-026845), on December 09, 2025, and is solely responsible for the information contained therein.
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