Pineapple Financial Inc To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Pineapple Financial Inc (NASDAQ:PAPL) is set to start trading on the NASDAQ exchange on October 27. The company is offering shares at an expected price between $4.00 and $6.00 per share with an insider lock-up period of 180 days ending on April 24, 2024. Pineapple Financial is a Canadian-based mortgage technology and brokerage company.
October 26, 2023 | 3:00 pm
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Pineapple Financial Inc's IPO is set to take place on October 27. The shares are expected to be priced between $4.00 and $6.00. The company is a mortgage technology and brokerage firm.
The IPO of Pineapple Financial Inc is a significant event for the company. The expected share price indicates the company's valuation and the lock-up period shows the company's confidence in its stock performance. As the company is set to start trading, it is expected to have a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100