US Market News
2週前
Pineapple Financial Provides Update on Share Repurchase Program and Digital Asset TreasuryMay 20, 2026 8:30 AM
NewsfileApproximately 554,581 Shares Repurchased and Retired to Date Under Expanded Buyback Authorization Digital Asset Treasury Valued at Approximately $52.53 Million; Current mNAV Estimated at 0.82xToronto, Ontario--(Newsfile Corp. - May 20, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today provided an update regarding its previously announced share repurchase program. Following the launch of the Company's expanded authorization, Pineapple has begun retiring repurchased common shares and expects to retire additional shares on an ongoing basis as purchases are executed in the open market, in accordance with applicable securities laws.To date, Pineapple has repurchased approximately 554,581 common shares of stock, representing approximately $657,060.29 of capital deployed. As previously announced, Pineapple's Board of Directors approved an expanded share repurchase authorization of up to $15 million, including an initial $3 million tranche currently being executed in the open market. The Company believes the authorization provides flexibility to continue opportunistically acquiring shares and balancing liquidity, while progressing operational growth initiatives and broader capital allocation priorities."Our share repurchase activity reflects the resounding confidence that management and our Board of Directors have in Pineapple's long-term strategy, balance sheet strength, and underlying intrinsic value," said Shubha Dasgupta, CEO and Co-Founder of Pineapple Financial. "While we have only utilized a small portion of authorized capacity to date, we believe the current market valuation does not fully reflect the strength of our mortgage platform, the scale of our digital asset treasury, or the long-term value creation opportunity across our technology and tokenization strategy. We remain committed to disciplined capital allocation and believe that continuing to retire shares at current levels represents an attractive use of capital for shareholders."As of the close of business on May 19, 2026, Pineapple's Digital Asset Treasury had an aggregate value of approximately $52.53, comprised of 7.56 million Injective ("INJ") tokens, over $10 million stablecoin holdings, and approximately $10 million in cash reserves. The Company's Digital Asset Treasury strategy continues to include a diversified mix of digital assets, stablecoin positions, yield-generating strategies, and other treasury-related exposures designed to enhance balance sheet productivity and long-term shareholder value. Management does not believe the Company's current market valuation fully reflects the value of its underlying treasury assets, treasury-related income generation capabilities, and broader DAT strategy. Based on the Company's most recent internal calculations, Pineapple's current mNAV is approximately 0.82x, which management believes reflects an ongoing disconnect between the Company's public market valuation and the value of its underlying asset base, including its operating platform, cash position, and digital asset treasury consisting of Injective ("INJ") tokens and stablecoin holdings. With the Company continuing to trade below 1.0x mNAV, management believes opportunistic share repurchases may represent an attractive and accretive capital allocation opportunity, particularly following Injective's recent appreciation of nearly 100% over recent weeks. The Company remains focused on maintaining prudent liquidity and risk management practices while continuing to optimize long-term treasury performance. The Company expects to provide additional updates regarding repurchase activity periodically via future public disclosures and applicable regulatory filings.About Pineapple Financial Inc.
Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/298103 Original: Pineapple Financial Provides Update on Share Repurchase Program and Digital Asset Treasury
US Market News
1月前
Pineapple Financial to Participate in Upcoming May Investor and Industry ConferencesApril 30, 2026 4:30 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 30, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that members of its leadership and advisory team will participate in upcoming investor and industry conferences in May. Full details of the events can be found below.CoinDesk Consensus 2026
Date: Tuesday-Thursday, May 5-7, 2026
Location: Miami, FL
Attendee: Cooper Emmons, Digital Asset Treasury Advisory Committee Member, Pineapple Financial; Institutional Markets Advisor at Injective
Type: One-on-One MeetingsD. Boral Capital Global Conference
Date: Thursday, May 7, 2026
Location: New York, NY (The Plaza Hotel)
Attendee: Shubha Dasgupta, CEO and Director of Pineapple Financial
Type: One-on-One MeetingsTo schedule a one-on-one meeting with Pineapple Financial's management team, please email KCSA Strategic Communications at Pineapple@KCSA.com.About Pineapple Financial Inc.
Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/295254
Original: Pineapple Financial to Participate in Upcoming May Investor and Industry Conferences
US Market News
1月前
Pineapple Financial Announces Expanded $15 Million Share Repurchase ProgramApril 22, 2026 4:30 PM
NewsfileExpanded Buyback Signals Management's Commitment to Long-Term Value; Repurchases to Commence ImmediatelyToronto, Ontario--(Newsfile Corp. - April 22, 2026) - Pineapple Financial Inc. (NYSE American: PAPL), ("Pineapple" or "the Company"), a leading fintech platform, today announced that its Board of Directors has approved an expansion of its previously announced share repurchase program, increasing the aggregate authorization from US$3,000,000 to up to US$15,000,000 of Pineapple's common shares.The Company also announced that it intends to commence repurchasing shares immediately under the previously approved US$3,000,000 authorization, subject to applicable securities laws and the absence of material non-public information at the time of purchase.The expanded authorization includes (i) the initial US$3,000,000 to be executed under the existing program, and (ii) an additional up to US$12,000,000, which may be repurchased from time to time, subject to further Board approval, satisfaction of applicable solvency requirements, and the Company's financial condition, liquidity position, and capital allocation priorities.The timing and price of repurchases as well as the actual number of shares repurchased under the expanded share purchase program will be at the discretion of the Company and will depend on a variety of factors, including general market conditions, the stock price, regulatory requirements and limitations, trading blackout periods, necessary corporate approvals, applicable corporate solvency requirements, corporate liquidity requirements and priorities, and other factors.About Pineapple Financial Inc.Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians. Safe Harbor Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/293845
Original: Pineapple Financial Announces Expanded $15 Million Share Repurchase Program
US Market News
2月前
Pineapple Financial Reports Fiscal Q2 2026 Financial Results and Provides Digital Asset Treasury UpdateApril 13, 2026 4:30 PM
NewsfileReports Q2 2026 Gross Billings of $3.3 Million and Revenue of $0.7 MillionGenerates $0.324 Million in Adjusted EBITDA and $0.125 in Adjusted Operating IncomeReaffirms Path to Long-Term Profitability Through Structural Cost Reductions and Improved Operating LeverageToronto, Ontario--(Newsfile Corp. - April 13, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company"), a leading fintech platform, today announced its audited financial results for the three and six month period ended February 28, 2026 ("Q2 2026")."Q2 marked a transition from restructuring to execution, as we strengthened our balance sheet, reduced our cost base, and advanced our Digital Asset Treasury strategy," said Shubha Dasgupta, Chief Executive Officer of Pineapple Financial. "We have reset our operating model, improved capital efficiency, and aligned the organization around a more scalable and disciplined platform. While our reported results were impacted by non-cash and non-recurring items, underlying operating performance improved during the quarter, supported by cost optimization initiatives and stable core revenue streams."Mr. Dasgupta continued, "Our focus is on building Pineapple as an integrated operating system centered on three core pillars: the mortgage platform, data and tokenization initiatives, and our Digital Asset Treasury centered on Injective. Together, these pillars create a framework that drives efficiency, expands revenue opportunities, and strengthens earnings durability over time. As these initiatives scale, we see a clear path to increased operating leverage and progress toward breakeven. We are confident in the direction of the business and believe Pineapple is well positioned at the intersection of financial services and emerging digital infrastructure, with a disciplined strategy to scale and drive long-term value for our shareholders."Strategic and Corporate DevelopmentsDuring the second quarter, Pineapple executed a series of initiatives to strengthen the business and support its transition into an execution-focused operating model. These efforts were designed to improve capital efficiency, enhance operating leverage, and align the organization around a scalable platform built for long-term growth.A key milestone during the quarter was the completion of a comprehensive operational transformation. The Company implemented over $1.5 million of annualized cost savings, with total expected reductions to exceed $2.5 million by June 30, 2026, and reduced monthly cash burn by over 50% through workforce realignment, software rationalization, and the integration of artificial intelligence across core workflows. These actions represent a structural reset of Pineapple's cost base and are expected to support improved unit economics and margin expansion over time.In parallel, the Company continued to advance its Digital Asset Treasury ("DAT") strategy. Pineapple deployed capital into digital assets, including Injective (INJ) tokens, and began generating staking income, while expanding its institutional infrastructure through partnerships with Monarq Asset Management and Canary Capital. These partnerships establish a fully integrated treasury framework spanning custody, execution, advisory, and yield optimization, and are designed to enhance capital efficiency while maintaining robust governance and risk controls.The Company also authorized a $3 million share repurchase program during the quarter, reinforcing management's commitment to disciplined capital allocation and long-term shareholder value. The share repurchase is expected to commence in the coming days.Taken together, these actions reflect Pineapple's transition from infrastructure build-out to implementation and execution, with a focus on strengthening its core mortgage platform, expanding its data capabilities, and building a complementary treasury framework that supports a more resilient and durable operating model.FY 2026 Outlook
Pineapple is reaffirming its previously communicated outlook for fiscal 2026 and continues to expect improved operating performance as the benefits of recent initiatives begin to take hold.Management expects full-year revenue to be in the range of approximately $7.7 million to $9.5 million on a run-rate basis exiting December 31, 2026, supported by stabilization in mortgage activity and continued contributions from subscription, underwriting, and ancillary revenue streams. While recent corporate actions are not yet fully reflected in reported results, management believes underlying operating trends and growth are improving.The operational transformation completed during the quarter, combined with ongoing AI integration and a more disciplined cost structure, is expected to drive meaningful improvements in operating leverage over the balance of the year. In parallel, the Company's Digital Asset Treasury strategy is designed to enhance capital efficiency and provide an additional source of yield to support overall financial flexibility.Management remains focused on execution, with a clear objective of progressing toward breakeven on a cash-flow basis. The Company believes its integrated operating model, supported by its core strategic pillars, positions Pineapple to improve earnings quality and reduce volatility over time. Early progress toward these objectives is reflected in the Company's adjusted operating results during the period.The Canadian mortgage market remains resilient, supported by its short-term renewal structure and the essential role of housing in household balance sheets. With typical mortgage terms ranging from one to five years, the market continues to benefit from a recurring cycle of renewals and refinancings that drives ongoing activity independent of new home purchases. As noted in the Company's Form 10-Q, mortgage renewal and refinance transactions represented a greater proportion of overall activity during the period, while purchase volumes continued to recover gradually. Interest rates have stabilized following the Bank of Canada's easing cycle, supporting borrower confidence, although overall origination volumes remain below historical levels. The Company continues to see stable performance across its diversified agent network, supported by ongoing investment in its platform, workflow automation, and lead generation capabilities. Pineapple believes these structural characteristics, combined with a large renewal pipeline and improving rate stability, support a stable market backdrop and create opportunities to drive recurring revenue and operating leverage through disciplined execution. Fiscal Q2 2026 Financial HighlightsFor the three-month period ended February 28, 2026, Gross Billings were approximately $3.3 million, compared to $4.2 million in Q2 2025. Gross Billings represent total fees generated on mortgage transactions, inclusive of commissions and referral fees paid to agents and sub-brokers. Revenue was approximately $0.7 million, compared to approximately $0.74 million in Q2 2025, reflecting relatively stable performance in a still-recovering mortgage market.Total Expenses were $18.5 million, compared to $1.3 million in Q2 2025. Q2 2026 expenses included a $16.9 million unrealized, non-cash change in fair value related to the Company's Digital Asset Treasury ("DAT"). Loss from Operations was $17.8 million, compared to approximately $0.6 million in Q2 2025, primarily reflecting unrealized, non-cash digital asset losses. Net loss was further impacted by one-time financing chargers, including:Approximately $16.9 million unrealized, non-cash fair value loss on digital asset holdingsApproximately $2.8 million of one-time, non-recurring financing-related costsApproximately $0.36 million of interest expense associated with new borrowings related to the Company’s digital asset treasury strategyCertain one-time advertising and marketing expenses pertaining to the financingExcluding non-cash digital asset revaluation and one-time financing-related costs, underlying operating performance improved meaningfully, reflecting the impact of cost optimization initiatives and a structurally lower operating expense base. Adjusted operating income for the quarter was approximately $0.125 million, compared to an adjusted operating loss of approximately $0.5 million in the prior-year period, reflecting meaningful progress in cost optimization and operating discipline. Adjusted EBITDA was $0.4 million, compared to $(0.6) million in the prior year period, reflecting continued progress toward operating breakeven.Net cash used in Operations was approximately $3.8 million for the six months ended February 28, 2026, compared to $0.8 million in the prior-year period. To date, approximately $1.46 million of annualized cost savings have been implemented, with additional savings currently being executed. In aggregate, these initiatives are expected to reduce annual operating expenses by more than $2.5 million.Cash on Hand was approximately $17.9 million as of February 28, 2026, compared to $0.5 million as of February 28, 2025, reflecting a significantly strengthened balance sheet following recent financing activitiesThe Company also reported positive working capital of $3.1 million, compared to a working capital deficit in the prior period. As of February 28, 2026, the Company's Digital Asset Treasury ("DAT") was valued at approximately $22.4 million, reflecting a decline from peak period valuations driven by market price volatility. The decrease in value represents non-cash unrealized losses during the period. The DAT is comprised primarily of approximately 7.21 million Injective ("INJ") tokens and related digital assets. The Company also selectively deploys capital through lending arrangements and structured derivative strategies designed to generate incremental yield and interest income, while maintaining a disciplined and risk-controlled treasury framework.Based on the foregoing, Pineapple's estimated modified net asset value ("mNAV") was approximately 0.73x as of the market close on February 28, 2026. mNAV is defined as enterprise value divided by treasury value, where treasury value includes digital asset holdings and capital deployed in treasury-related strategies.Webinar Details
Pineapple Financial will host a fireside chat on Thursday, April 16, 2026, to discuss Q2 2026 results and provide a strategic outlook update. Shubha Dasgupta, Chief Executive Officer, and Anthony Georgiades, Pineapple Board Member and General Partner at Innovating Capital, will host the discussion starting at 11:00 a.m. Eastern Time. A question-and-answer session will follow management's presentation.Date:Thursday, April 16, 2026Time:11:00 a.m. Eastern TimeWebcast:Click here to register About Pineapple Financial Inc.
Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ, including risks related to volatility in the price of INJ, the timing and execution of Digital Asset Treasury capital deployment, the treatment of designated cash balances, and the assumptions underlying non-GAAP metrics such as mNAV, and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/292204
Original: Pineapple Financial Reports Fiscal Q2 2026 Financial Results and Provides Digital Asset Treasury Update
US Market News
2月前
Pineapple Financial to Host Fireside Chat to Discuss Q2 2026 Earnings and Strategic OutlookApril 9, 2026 4:05 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 9, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that it will host a virtual fireside chat on Thursday, April 16, 2026, at 11:00 A.M. ET. The Company expects to report its second quarter 2026 financial results on Monday, April 13, 2026 before market open.Shubha Dasgupta, CEO, Co-Founder and Director of Pineapple Financial, alongside Anthony Georgiades, Director, will discuss the Company's latest quarterly results and key business highlights. Management will additionally provide insight regarding ongoing initiatives and strategic outlook as Pineapple continues to execute its growth strategy.Virtual Fireside Chat DetailsDate: Thursday, April 16th, 2026Time: 11:00 A.M. ETRegistration Link:https://us02web.zoom.us/webinar/register/WN_Tk9JmNpuT4ekDy-J8Y6uqQ A Q&A session will take place at the end of the discussion, and a recording of the fireside chat will be available on Pineapple Financial's Investor Relations website following the event. To ensure your questions are addressed, please submit them in advance to Pineapple@KCSA.com.About Pineapple Financial Inc.
Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and other digital assets, the timing and execution of Digital Asset Treasury capital deployment, the performance of advisory or institutional counterparties, liquidity constraints, capital allocation decisions, and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/291796
Original: Pineapple Financial to Host Fireside Chat to Discuss Q2 2026 Earnings and Strategic Outlook
US Market News
2月前
Pineapple Financial Deepens Strategic Relationship with Canary CapitalApril 2, 2026 8:30 AM
NewsfileAppoints Digital Asset Treasury Advisor, Bringing Institutional Portfolio Construction and Capital Strategy ExpertiseToronto, Ontario--(Newsfile Corp. - April 2, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced the appointment of Canary Capital as a strategic advisor to the Company's Digital Asset Treasury strategy ("DAT"). Canary Capital was a key participant in Pineapple's $100 million private placement completed in September 2025 and will provide advisory support on treasury strategy and capital deployment.Canary Capital is a digital asset investment firm specializing in crypto and enterprise blockchain technology, with experience in digital asset portfolio construction, market positioning, and capital strategy. Through this expanded role, Canary will advise Pineapple on a treasury allocation framework, deployment pacing, and broader market dynamics as the Company advances its Digital Asset Treasury under a governance-led capital allocation model."Our Digital Asset Treasury strategy is designed to support the operating business through disciplined capital allocation and structured governance," said Shubha Dasgupta, Chief Executive Officer of Pineapple Financial. "Canary Capital's transition from investor to advisor reflects confidence in our strategy and strengthens the institutional oversight of our treasury operations. We remain focused on transparency, liquidity discipline, and long-term value creation."Pineapple's Digital Asset Treasury operates under defined liquidity thresholds and board-level oversight, with capital sequencing designed to prioritize operating requirements before treasury deployment. The Company works with institutional infrastructure partners across custody, execution, and yield management within its broader treasury framework.About Pineapple Financial Inc.Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and other digital assets, the timing and execution of Digital Asset Treasury capital deployment, the performance of advisory or institutional counterparties, liquidity constraints, capital allocation decisions, and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/290998
Original: Pineapple Financial Deepens Strategic Relationship with Canary Capital
US Market News
2月前
Pineapple Financial Receives Audit Opinion with Going Concern ExplanationMarch 30, 2026 4:05 PM
NewsfileToronto, Ontario--(Newsfile Corp. - March 30, 2026) - Pineapple Financial Inc. (NYSE: PAPL), a leading fintech platform, announced that as previously disclosed in its Annual Report on Form 10-K for the year ended August 31, 2025, which was filed on December 3, 2025, and as amended and filed on December 12, 2025 with the Securities and Exchange Commission, the audited consolidated financial statements, contained an audit report from its independent registered public accounting firm that included an explanatory paragraph related to the Company's ability to continue as a going concern. See further discussion in footnote 1 to the Company's audited consolidated financial statements included in the Company's Annual Report on Form 10-K. Release of this information is required by Sections 401 (h) and 610(b) of the NYSE American Company Guide. It does not represent any change or amendment to any of the Company's filings for the fiscal year ended August 31, 2025. About Pineapple Financial Inc.Pineapple Financial Inc. ("Pineapple", or the "Company") is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ, including risks related to volatility in the price of INJ, the timing and execution of Digital Asset Treasury capital deployment, the treatment of designated cash balances, and the assumptions underlying non-GAAP metrics such as mNAV, and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/290465
Original: Pineapple Financial Receives Audit Opinion with Going Concern Explanation
US Market News
3月前
Pineapple Financial Engages Monarq Asset Management to Lead Its Digital Asset Treasury Yield StrategyMarch 19, 2026 8:30 AM
NewsfileMonarq to oversee portfolio construction and yield optimization across Pineapple's Digital Asset Treasury under a governance-led capital allocation frameworkToronto, Ontario--(Newsfile Corp. - March 19, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that it has engaged Monarq Asset Management to lead the hands-on yield strategy and portfolio construction for its Digital Asset Treasury ("DAT"). Monarq was a key participant in Pineapple's $100 million private placement completed in September 2025 and is expanding its role to support the day-to-day execution of the Company's treasury allocation and yield optimization framework.Under this expanded mandate, Monarq will oversee portfolio construction across the DAT, including managing the target allocation framework and staking yield optimization. Monarq's engagement formalizes the operational layer of Pineapple's treasury strategy, complementing its custody and execution partners while operating within defined liquidity thresholds, position limits, and governance controls."From the outset, our Digital Asset Treasury has been built around discipline, governance, and institutional execution," said Shubha Dasgupta, Chief Executive Officer of Pineapple Financial. "Engaging Monarq to lead the yield strategy ensures that our capital is professionally managed while remaining aligned with our broader operating priorities. This strengthens our ability to generate sustainable yield while maintaining liquidity and risk controls."Pineapple's Digital Asset Treasury operates under a defined capital allocation framework that prioritizes operating requirements first, enablement initiatives second, and treasury deployment third. The Company maintains liquidity guardrails, position limits, and board-level oversight, and does not engage in rehypothecation or open-ended leverage. Pineapple's Digital Asset Treasury is structured with a clear separation of responsibilities across custody, execution, strategy, and portfolio management.About Pineapple Financial Inc.
Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, capital allocation, and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "target," "project," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, uncertainties related to market conditions; fluctuations in the market price of INJ and other digital assets; changes in staking rewards, validator performance, protocol parameters, and network participation; the effectiveness of yield optimization, portfolio construction, or hedging strategies; stablecoin yield availability and counterparty exposure; the timing and execution of Digital Asset Treasury capital deployment; the performance of advisory, asset management, or institutional counterparties; liquidity constraints; capital allocation decisions; and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition; customer acceptance of our INJ treasury strategy; and other factors discussed in the "Risk Factors" section of the registration statements and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will prove to be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/289173
Original: Pineapple Financial Engages Monarq Asset Management to Lead Its Digital Asset Treasury Yield Strategy
US Market News
3月前
Pineapple Financial Authorizes $3 Million Share Repurchase ProgramMarch 12, 2026 8:30 AM
NewsfileBuyback Authorization Reflects Management Commitment to Building Long-Term Shareholder ValueToronto, Ontario--(Newsfile Corp. - March 12, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that its Board of Directors has authorized a share repurchase program for up to US$3,000,000 of the Company's common shares in the open market."Our decision to authorize this share repurchase program reflects our conviction in Pineapple's long-term strategy and the strength of the operating model we've built," said Shubha Dasgupta, Chief Executive Officer of Pineapple Financial. "We believe that our current market valuation does not fully reflect the progress we've made across our mortgage platform, our data and tokenization initiatives, and our Digital Asset Treasury. This authorization will provide flexibility to deploy capital opportunistically when it enhances long-term shareholder value, while we remain focused on execution, liquidity discipline, and building a more durable earnings profile over time."The Company intends to begin repurchasing shares in the first half of 2026. The timing and price of repurchases, as well as the actual number of shares repurchased under the program, will be at the discretion of the Company and will depend on a variety of factors, including general market conditions, the stock price, regulatory requirements and limitations, trading blackout periods, corporate liquidity requirements and priorities, and other factors.About Pineapple Financial Inc.Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians. Safe Harbor Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/288209
Original: Pineapple Financial Authorizes $3 Million Share Repurchase Program
US Market News
3月前
Pineapple Financial to Participate in Upcoming Webull Digital Asset Treasury WebinarMarch 6, 2026 8:30 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 6, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that a member of its leadership team will participate in the Webull Crypto and Digital Asset Treasury Webinar on March 11th. Full details of the event can be found below:Webull Crypto DAT Virtual Webinar
Date: Wednesday, March 11, 2026
Presentation Time: 1:40 PM ET
Presenter: Anthony Georgiades, Director, Pineapple Financial
Type: Investor PresentationAnthony Georgiades is a member of Pineapple Financial's Board of Directors and serves as a General Partner at Innovating Capital, where he focuses on investments in cybersecurity, enterprise infrastructure, and Web3 technologies. To schedule a one-on-one meeting with Pineapple Financial's management team, please email KCSA Strategic Communications at Pineapple@KCSA.com.About Pineapple Financial Inc.
Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/286443
Original: Pineapple Financial to Participate in Upcoming Webull Digital Asset Treasury Webinar
US Market News
3月前
Pineapple Financial Completes $2 Million INJ PurchaseFebruary 19, 2026 8:30 AM
NewsfileAcquires 560,647 INJ at average price of $3.567 per token as part of ongoing digital asset treasury strategy; $20.79 million in capital reserves available for future purchasesToronto, Ontario--(Newsfile Corp. - February 19, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company") today announced that it has completed a $2 million open-market purchase of Injective (INJ) tokens. The acquisition of 560,647 INJ at a weighted average purchase price of $3.567 per token represents the latest milestone in the Company's ongoing digital asset treasury strategy.This purchase further strengthens Pineapple's position as a leading publicly traded company with a dedicated digital asset treasury program. The Company's treasury currently maintains $20.79 million in capital reserves available for its continued market cash purchase program for INJ, underscoring management's long-term conviction in the Injective ecosystem."This $2 million acquisition reflects our disciplined and strategic approach to building our INJ treasury position," said Shubha Dasgupta, CEO of Pineapple Financial. "With $20.79 million in capital reserves earmarked for continued open-market purchases, and a combined treasury currently valued at $41.89 million compared to a market capitalization of approximately $18 million, we believe our equity does not yet fully reflect the underlying value of our digital asset holdings. We remain committed to deploying capital in a manner that we believe will be accretive to our shareholders over time."Key Transaction DetailsTotal Purchase Amount: $2 millionTokens Acquired: 560,647 INJAverage Purchase Price: $3.567 per INJAcquisition Method: Open-market purchasesAvailable Capital Reserves: $20.79 million for future INJ purchasesReal-Time Treasury DashboardInvestors and stakeholders can access a transparent, real-time view of PAPL's INJ treasury metrics and trends through the Company's dedicated Digital Asset Treasury Dashboard at pineappledigitalassets.com/dat-dashboard. The dashboard provides comprehensive data on treasury holdings, purchase history, and key performance indicators all in one place.About Pineapple Financial Inc.Pineapple Financial Inc. (NYSE American: PAPL) is a publicly traded company with a digital asset treasury strategy focused on accumulating INJ tokens through disciplined open-market purchases. The Company is committed to delivering shareholder value through strategic capital allocation in the dynamic digital asset landscape.In addition to its digital asset treasury, Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/284453
Original: Pineapple Financial Completes $2 Million INJ Purchase
US Market News
4月前
Pineapple Financial Provides Digital Asset Treasury Update, Launches DAT Dashboard and Announces Injective Protocol UpgradeFebruary 12, 2026 8:30 AM
NewsfileHoldings include 7.20 million Injective tokens, $5.00 million stablecoin holdings, and $15.79 million in cashINJ protocol upgrade doubles the rate of token deflation, enhancing INJ as treasury assetToronto, Ontario--(Newsfile Corp. - February 12, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today provided an update on its Digital Asset Treasury ("DAT") holdings and launch of its real-time treasury dashboard.As of the close of business on February 11, 2026, Pineapple's Digital Asset Treasury had an aggregate value of approximately $42.74 million, comprised of 7.2 million Injective ("INJ") tokens, $5.0 million stablecoin holdings, and $15.79 million in cash reserves. In addition, Pineapple launched a treasury dashboard on its website at https://pineappledigitalassets.com/dat-dashboard. This dashboard provides investors with a regularly updated view of essential metrics related to its DAT strategy, including real-time data on INJ market pricing, INJ and other holdings, the Company's estimated net asset value, mNAV, and market capitalization."Our Digital Asset Treasury is designed to work in concert with Pineapple's core mortgage platform and data initiatives to strengthen capital efficiency and earnings durability across the business. We remain focused on disciplined execution and responsible stewardship, with an emphasis on on-chain participation," said Shubha Dasgupta, Chief Executive Officer of Pineapple Financial. "Launching our Digital Asset Treasury dashboard is an important step in our commitment to transparency and disciplined capital management. The dashboard gives investors clear, timely visibility into our digital asset holdings, valuation metrics, and treasury strategy, reinforcing our belief that transparency is critical as digital assets become an increasingly important component of modern corporate balance sheets."In January 2026, the Injective Foundation introduced a protocol upgrade that doubled the rate of token deflation by increasing the pace at which network revenues are used to buy back and burn INJ tokens. This enhancement is expected to strengthen INJ's deflationary mechanics and further align network activity with long-term token scarcity. Pineapple believes this development enhances the structural characteristics of INJ as a treasury asset. As a result of this new protocol, Pineapple is now targeting an annual staking reward from its INJ holdings of 6.14%. "The recent Injective protocol upgrade is an important positive development for Pineapple. By increasing the rate at which INJ tokens are removed from circulation, the upgrade strengthens the long-term supply dynamics of the network and supports token scarcity over time. We believe this makes INJ a more attractive and durable asset for our Digital Asset Treasury," continued Mr. Dasgupta. Pineapple's Digital Asset Treasury program is supported by institutional-grade infrastructure and counterparties, including Kraken, FalconX, Innovating Capital, and other leading digital asset firms, as well as external asset managers Monarq Asset Management, led by Shiliang Tang, and Canary Capital, led by Steven McClurg. Together, these partners support staking operations, validator selection and delegation, treasury execution, and ongoing program oversight as the Company advances its INJ-focused treasury strategy.About Pineapple Financial Inc.
Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ, including risks related to volatility in the price of INJ, the timing and execution of Digital Asset Treasury capital deployment, the treatment of designated cash balances, and the assumptions underlying non-GAAP metrics such as mNAV, and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
Instagram: @pineapplemortgage @empoweredbypineapple
Facebook: Pineapple Mortgage
LinkedIn: Pineapple Mortgage
X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/283664
Original: Pineapple Financial Provides Digital Asset Treasury Update, Launches DAT Dashboard and Announces Injective Protocol Upgrade
US Market News
4月前
Pineapple Financial to Participate in Upcoming February Investor ConferencesFebruary 3, 2026 8:30 AM
NewsfileToronto, Ontario--(Newsfile Corp. - February 3, 2026) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or "the Company"), a leading fintech platform, today announced that members of its leadership team and Board of Directors will participate in two upcoming investor conferences in February 2026.On Thursday, February 5, 2026, Shubha Dasgupta, CEO, Co-Founder & Director of Pineapple Financial, will present at the Noble Capital Markets Emerging Growth Virtual Equity Conference. Noble Capital Markets Emerging Growth Virtual Equity Conference
Date: Thursday, February 5, 2026
Time: 9:30 a.m. ET
Presenter: Shubha Dasgupta, CEO, Co-Founder & Director
More information: https://nobleconference.com/virtual-february-2026/In addition, Anthony Georgiades, Director of Pineapple Financial, will participate in a panel discussion at the Digital Assets Forum, taking place February 5–6, 2026, in London, United Kingdom. Mr. Georgiades will join the panel titled "Are Stablecoins Becoming a Money-Market Competitor?" on Thursday, February 5, from 3:45–4:35 p.m. BST, on the Cardano Main Stage. The discussion will explore the evolving role of stablecoins within global financial markets and their potential impact on traditional money-market instruments.Digital Assets Forum
Date: February 5–6, 2026
Location: London, United Kingdom
Attendee: Anthony Georgiades, Director, Pineapple Financial
Panel: Are Stablecoins Becoming a Money-Market Competitor?
Date & Time: Thursday, February 5, 2026 | 3:45 – 4:35 P.M. BST
Location: Cardano Main StageAnthony Georgiades is a member of Pineapple Financial's Board of Directors and serves as a General Partner at Innovating Capital, where he focuses on investments in cybersecurity, enterprise infrastructure, and Web3 technologies. Mr. Georgiades' participation in the panel underscores his role as a recognized thought leader in the digital asset and financial technology spaces, with extensive experience at the intersection of capital markets, emerging technologies, and institutional adoption.To schedule a one-on-one meeting with Pineapple Financial's management team at either event, please email KCSA Strategic Communications at Pineapple@KCSA.com.About Pineapple Financial Inc.
Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians.Safe Harbor Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, fluctuations in the market price of INJ and any associated impairment charges that we may incur as a result of a decrease in the market price of INJ below the value at which INJ is carried on our balance sheet; changes in the accounting treatment relating to our INJ holdings; the Company's financial condition, customer acceptance of our INJ treasury strategy, and other factors discussed in the "Risk Factors" section of the registration statements, and periodic reports filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.Media Contact:
KCSA Strategic Communications
Kristin Cwalinski
pineapple@kcsa.comInvestor Relations:
KCSA Strategic Communications
Jack Perkins
pineapple@kcsa.comFollow us on social media:
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X (Formerly Twitter): @PAPLpineappleTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282457
Original: Pineapple Financial to Participate in Upcoming February Investor Conferences