Pineapple Financial’s (NYSEAMERICAN:PAPL – Get Free Report) lock-up period will expire on Monday, April 29th. Pineapple Financial had issued 875,000 shares in its public offering on November 1st. The total size of the offering was $3,500,000 based on an initial share price of $4.00. After the end of Pineapple Financial’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Pineapple Financial Trading Down 3.3 %
Shares of PAPL opened at $1.32 on Friday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.30. Pineapple Financial has a one year low of $1.20 and a one year high of $4.25.
Pineapple Financial Company Profile
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