Canadian mortgage tech firm Pineapple Financial raises $1.5m in public offering
Pineapple Financial, a Canadian mortgage technology and brokerage company, has announced the pricing of a $1.5m public offering.
The Toronto-based firm provides digital solutions aimed at transforming the mortgage experience for brokers, lenders, and clients.
The company’s public offering includes 10 million units, with each unit comprising one common share and one warrant to purchase an additional common share. The units were priced at $0.15 each.
- Boral Capital is acting as the exclusive placement agent for the transaction. Legal counsel for the offering was provided by Sichenzia Ross Ference Carmel LLP for the company, and Lucosky Brookman LLP for D. Boral Capital.
Pineapple Financial is known for offering a suite of technology solutions that streamline the mortgage process. Its tools cover marketing automation, analytics, and client engagement, helping professionals in the mortgage ecosystem deliver enhanced experiences.
