Pineapple Financial Inc., a Canadian mortgage technology and brokerage company, announced a 1-for-20 reverse stock split as part of its efforts to regain compliance with the NYSE American's minimum price requirement. The move aims to broaden institutional appeal and reflects the company's strategy to position itself for sustainable growth. Following this consolidation, Pineapple Financial has been approved for relisting on the NYSE American and will resume trading under the ticker symbol PAPL on July 22, 2025.
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