Pineapple Financial Inc. Announces 1-for-20 Reverse Stock Split Effective July 16, 2025

Reuters
2025.07.15 21:21
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Pineapple Financial Inc. has announced a 1-for-20 reverse stock split effective July 16, 2025, reducing its outstanding shares from 20,092,025 to 1,004,675. This action aims to increase the per-share market price and comply with NYSE American’s Listing Qualifications. The company's shares will trade under the new ticker symbol “PAPLD” on the OTC Market starting July 16, reverting to “PAPLF” after 20 business days.