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Associated Press
12-05-2025
- Business
- Associated Press
Pineapple Financial Issues Statement on False Claims Regarding Reverse Split
Toronto, Ontario--(Newsfile Corp. - May 12, 2025) - Pineapple Financial (NYSE American: 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. About Pineapple Pineapple is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on both the long-term success of agents and brokers as well as the overall experience of homeowners. With hundreds of brokers within the network, Pineapple creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home. Pineapple is active within the community and is proud to sponsor charities across Canada to improve the lives of fellow Canadians. Follow us on social media: Instagram: @pineapplemortgage@empoweredbypineapple Facebook: Pineapple Mortgage LinkedIn: Pineapple Mortgage Safe Harbor Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. They are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and economic needs. Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'is/are likely to,' 'potential,' 'continue' or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the 'Risk Factors' section of the registration statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results. It encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at Media Contact: For media inquiries, please contact Shubha Dasgupta, Chief Executive Officer, at Pineapple. Email: [email protected] Related Links: Investor Relations Contact: For investor relations inquiries, please contact Pineapple Financial Inc. [email protected] To view the source version of this press release, please visit
Yahoo
03-03-2025
- Yahoo
Search underway for missing 2-year-old boy Dane Paulsen in Oregon
A massive search is underway for an Oregon toddler who was reported missing on Saturday afternoon, according to the Lincoln County Sheriff's Department. Dane Paulsen, 2, was reported missing at approximately 4:25 p.m. Saturday and was last seen playing in the front yard of his family's Siletz, Oregon, home, "out of sight of his parents," the sheriff's department said in a statement on Sunday. "We thank our community for sharing information and tips related to this investigation," the sheriff's department said. "Our team and the community are working tirelessly to bring Dane home." Authorities have searched 382 acres and 283 miles have been covered, but Paulsen has still not been found, authorities said. The child is "friendly and fearless, and is comfortable around strangers and water, but cannot swim" and is "known to love water and vehicles," authorities said. MORE: 4-year-old girl found safe after vehicle stolen with her in back seat: Police Paulsen has brown hair and green eyes, and was last seen wearing a gray, fuzzy hoodie with ears, black pants and blue and white shoes, the sheriff's department said. Multiple search-and-rescue teams, 40 investigators, aerial drones, human trailing dogs and 138 community volunteers continue to search for Paulsen, authorities said. Marine teams and divers have also begun looking in the Siletz River, authorities said. The Lincoln County Major Crime Team and the FBI are also assisting with the investigation and any new leads, authorities said. The FBI's Victim Service Division is also providing resources to Paulsen's family, officials said. Previously, an adult male and a 1990s gold-colored station wagon, "both of which were not known to the family," were seen in the area approximately 30 minutes prior to Paulsen's disappearance, but authorities have located the driver and the vehicle, which are "no longer a point of interest." At this time, "Dane's disappearance does not meet the criteria to use the Amber Alert system," according to the sheriff's department. The Department of Justice requires certain criteria to issue an Amber Alert, including the following: reasonable belief an abduction occurred, the child is in imminent danger of injury or death, there is enough descriptive information on the victim and the abduction, the child is 17 years or younger and the child's name or other important information has been entered into the National Crime Information Center system, according to the department's website. "There is no evidence at this time to suggest criminal actions are involved in this incident," police said. Officials said community members wanting to assist with search efforts can check in with camp hosts at Elks Toketee Illahee campground on Monday, or can report relevant information regarding Paulsen's disappearance by calling 541-265-0669. The sheriff's department said additional updates on the situation will be shared via social media and FlashAlert. Search underway for missing 2-year-old boy Dane Paulsen in Oregon originally appeared on
Yahoo
03-03-2025
- Yahoo
Search underway for missing 2-year-old boy Dane Paulsen in Oregon
A massive search is underway for an Oregon toddler who was reported missing on Saturday afternoon, according to the Lincoln County Sheriff's Department. Dane Paulsen, 2, was reported missing at approximately 4:25 p.m. Saturday and was last seen playing in the front yard of his family's Siletz, Oregon, home, "out of sight of his parents," the sheriff's department said in a statement on Sunday. "We thank our community for sharing information and tips related to this investigation," the sheriff's department said. "Our team and the community are working tirelessly to bring Dane home." Authorities have searched 382 acres and 283 miles have been covered, but Paulsen has still not been found, authorities said. The child is "friendly and fearless, and is comfortable around strangers and water, but cannot swim" and is "known to love water and vehicles," authorities said. MORE: 4-year-old girl found safe after vehicle stolen with her in back seat: Police Paulsen has brown hair and green eyes, and was last seen wearing a gray, fuzzy hoodie with ears, black pants and blue and white shoes, the sheriff's department said. Multiple search-and-rescue teams, 40 investigators, aerial drones, human trailing dogs and 138 community volunteers continue to search for Paulsen, authorities said. Marine teams and divers have also begun looking in the Siletz River, authorities said. The Lincoln County Major Crime Team and the FBI are also assisting with the investigation and any new leads, authorities said. The FBI's Victim Service Division is also providing resources to Paulsen's family, officials said. Previously, an adult male and a 1990s gold-colored station wagon, "both of which were not known to the family," were seen in the area approximately 30 minutes prior to Paulsen's disappearance, but authorities have located the driver and the vehicle, which are "no longer a point of interest." At this time, "Dane's disappearance does not meet the criteria to use the Amber Alert system," according to the sheriff's department. The Department of Justice requires certain criteria to issue an Amber Alert, including the following: reasonable belief an abduction occurred, the child is in imminent danger of injury or death, there is enough descriptive information on the victim and the abduction, the child is 17 years or younger and the child's name or other important information has been entered into the National Crime Information Center system, according to the department's website. "There is no evidence at this time to suggest criminal actions are involved in this incident," police said. Officials said community members wanting to assist with search efforts can check in with camp hosts at Elks Toketee Illahee campground on Monday, or can report relevant information regarding Paulsen's disappearance by calling 541-265-0669. The sheriff's department said additional updates on the situation will be shared via social media and FlashAlert. Search underway for missing 2-year-old boy Dane Paulsen in Oregon originally appeared on
