Pineapple Financial Denies False Claims By Flash Alert About Reverse Stock Split And Share Issuance, Affirms There Is No 1-For-90 Split Or 450M Free Shares Stated In X Post, Vows To Investigate Misinformation And Uphold Transparent Communication W...

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PINEAPPLE FINANCIAL INC.

PAPL

Pineapple Financial (NYSE:PAPL) categorically denies the misleading and false information presented in a tweet by Flash Alert, a Financial news source, regarding the company's stock structure. The claims about a 1-for-90 reverse split and the reduction of shares outstanding from 1M to 90M are entirely inaccurate. Pineapple Financial has not authorized any such reverse stock split nor the issuance of 450,000,000 free shares as stated in the tweet.

We are actively investigating this misinformation and will take necessary actions to protect our shareholders and our reputation.

Pineapple Financial remains committed to transparent and responsible communication with our investors and the public.

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