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Pineapple Financial Amends Securities Purchase Agreement

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Pineapple Financial Amends Securities Purchase Agreement

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Pineapple Financial ( (PAPL) ) has provided an update.

On October 31, 2025, Pineapple Financial Inc. held a Special Meeting of Shareholders where two significant proposals were approved. The shareholders voted in favor of issuing 24,642,700 common shares in exchange for Subscription Receipts as per the Securities Purchase Agreement. Additionally, they approved an amendment to remove restrictions on the transfer of common shares, enhancing the company’s flexibility in capital management. Earlier, on November 3, 2025, Pineapple Financial and its investors amended the Securities Purchase Agreement to extend the Escrow Deadline, reflecting ongoing adjustments to their financial strategies.

The most recent analyst rating on (PAPL) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Pineapple Financial stock, see the PAPL Stock Forecast page.

Spark’s Take on PAPL Stock

According to Spark, TipRanks’ AI Analyst, PAPL is a Neutral.

Pineapple Financial’s overall stock score is primarily impacted by its weak financial performance, characterized by high leverage and cash flow issues. While technical indicators and a strategic corporate event provide some positive momentum, the negative valuation metrics and financial instability weigh heavily on the score.

To see Spark’s full report on PAPL stock, click here.

More about Pineapple Financial

Average Trading Volume: 2,334,534

Technical Sentiment Signal: Sell

Current Market Cap: $5.1M

Find detailed analytics on PAPL stock on TipRanks’ Stock Analysis page.

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