Pineapple Financial (PAPL) Prices $1M Share Offering
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Pineapple Financial, Inc. Announces Pricing of $1.0 Million Registered Direct Offering
November 13, 2024 8:00 AM ESTToronto, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Pineapple Financial, Inc. (NYSE: PAPL) (the Company), Canadas tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across the country, today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $1.0 million worth of its common shares (or common share equivalents in lieu thereof) Â in a registered direct offering.
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.0 million, before deducting the placement agents fees and... More
