Pineapple Financial Inc. Warrant Conversion and Share Update

SEC Filing 8-K (0001641172-25-021908)

Pineapple Financial Inc. reported that from July 25, 2025, through August 1, 2025, certain investors exercised an aggregate of 302,967 warrants to purchase common shares. These warrants were converted into 302,967 common shares, generating gross proceeds of $908,901 for the company. The warrants, issued as part of a previous public offering closed on May 5, 2025, were exercisable at $3.00 per common share. As of August 1, 2025, the company has 1,307,642 common shares issued and outstanding, and its cash balance stands at $2,134,671.