Pineapple Financial Shares Rise After $100M Private Placement Closes

Dow Jones

09/05

By Chris Wack

Pineapple Financial shares were 64% higher, at $6.78, after the company closed a private placement for the purchase and sale of 24.6 million subscription receipts, for proceeds of $100 million.

The financial technology company said it intends to use the proceeds to launch a digital asset treasury strategy anchored in INJ, the native asset of Injective.

Under the terms of the securities purchase agreement, the company issued 7.8 million subscription receipts at $3.80 per subscription receipt, and 16.8 million subscription receipts at $4.16 per subscription receipt. The combined issuance represents a weighted average purchase price of $4.04 per subscription receipt.

Pineapple said the INJ treasury strategy is expected to generate a passive yield of about 12%. INJ is the native asset of Injective, a blockchain built for finance.

The private placement attracted participation from institutional investors, including FalconX, Kraken, Blockchain.com, Canary Capital, and the Injective Foundation.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

September 05, 2025 10:43 ET (14:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2565732569"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2565732569\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2565732569?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-05 22:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2565732569","market":"other","top_or_hot":-1,"title":"Pineapple Financial Shares Rise After $100M Private Placement Closes","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Pineapple Financial shares were 64% higher, at $6.78, after the company closed a private placement for the purchase and sale of 24.6 million subscription receipts, for proceeds of $100 million. \n</p>\n<p>\n  The financial technology company said it intends to use the proceeds to launch a digital asset treasury strategy anchored in INJ, the native asset of Injective. \n</p>\n<p>\n  Under the terms of the securities purchase agreement, the company issued 7.8 million subscription receipts at $3.80 per subscription receipt, and 16.8 million subscription receipts at $4.16 per subscription receipt. The combined issuance represents a weighted average purchase price of $4.04 per subscription receipt. \n</p>\n<p>\n  Pineapple said the INJ treasury strategy is expected to generate a passive yield of about 12%. INJ is the native asset of Injective, a blockchain built for finance. \n</p>\n<p>\n  The private placement attracted participation from institutional investors, including FalconX, Kraken, Blockchain.com, Canary Capital, and the Injective Foundation. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 05, 2025 10:43 ET (14:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pineapple Financial Shares Rise After $100M Private Placement Closes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPineapple Financial Shares Rise After $100M Private Placement Closes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-05 22:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Pineapple Financial shares were 64% higher, at $6.78, after the company closed a private placement for the purchase and sale of 24.6 million subscription receipts, for proceeds of $100 million. \n</p>\n<p>\n  The financial technology company said it intends to use the proceeds to launch a digital asset treasury strategy anchored in INJ, the native asset of Injective. \n</p>\n<p>\n  Under the terms of the securities purchase agreement, the company issued 7.8 million subscription receipts at $3.80 per subscription receipt, and 16.8 million subscription receipts at $4.16 per subscription receipt. The combined issuance represents a weighted average purchase price of $4.04 per subscription receipt. \n</p>\n<p>\n  Pineapple said the INJ treasury strategy is expected to generate a passive yield of about 12%. INJ is the native asset of Injective, a blockchain built for finance. \n</p>\n<p>\n  The private placement attracted participation from institutional investors, including FalconX, Kraken, Blockchain.com, Canary Capital, and the Injective Foundation. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 05, 2025 10:43 ET (14:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAPL","symbol_name":"Pineapple Financial Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2565732569","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565732569","pubTimestamp":1757083380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Pineapple Financial shares were 64% higher, at $6.78, after the company closed a private placement for the purchase and sale of 24.6 million subscription receipts, for proceeds of $100 million.The financial technology company said it intends to use the proceeds to launch a digital asset treasury strategy anchored in INJ, the native asset of Injective.Under the terms of the securities purchase agreement, the company issued 7.8 million subscription receipts at $3.80 per subscription receipt, and 16.8 million subscription receipts at $4.16 per subscription receipt. The combined issuance represents a weighted average purchase price of $4.04 per subscription receipt.Pineapple said the INJ treasury strategy is expected to generate a passive yield of about 12%. INJ is the native asset of Injective, a blockchain built for finance.The private placement attracted participation from institutional investors, including FalconX, Kraken, Blockchain.com, Canary Capital, and the Injective Foundation.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PAPL":"Pineapple Financial Inc.","BK4229":"商业和住宅抵押贷款融资"},"translate_title":"1亿美元私募结束后菠萝金融股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PAPL":0.9},"content_text":"By Chris Wack \n\n\n \n\n\n  Pineapple Financial shares were 64% higher, at $6.78, after the company closed a private placement for the purchase and sale of 24.6 million subscription receipts, for proceeds of $100 million. \n\n\n  The financial technology company said it intends to use the proceeds to launch a digital asset treasury strategy anchored in INJ, the native asset of Injective. \n\n\n  Under the terms of the securities purchase agreement, the company issued 7.8 million subscription receipts at $3.80 per subscription receipt, and 16.8 million subscription receipts at $4.16 per subscription receipt. The combined issuance represents a weighted average purchase price of $4.04 per subscription receipt. \n\n\n  Pineapple said the INJ treasury strategy is expected to generate a passive yield of about 12%. INJ is the native asset of Injective, a blockchain built for finance. \n\n\n  The private placement attracted participation from institutional investors, including FalconX, Kraken, Blockchain.com, Canary Capital, and the Injective Foundation. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 05, 2025 10:43 ET (14:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}