v3.25.2
Share capital
 9 Months Ended
May 31, 2025
Equity [Abstract]  
Share capital

7. Share capital

 

Authorized share capital

 

The authorized share capital of the Company consists of an unlimited number of common shares with no par value.

 

   #   $ 
Balance, August 31, 2023   6,306,984    4,903,031 
           
Issuance of Common Shares on Initial Public Offering   875,000    3,500,000 
Issuance of Common Share against Conversion Note   501,875    465,680 
Issuance of Common Shares on Equity Purchase Agreement   741,499    487,491 
Share Issuance Costs   -    (748,063)
Warrants issued   -    (48,283)
Balance, August 31, 2024   8,425,358    8,559,856 
           
Issuance of Common Shares against S3   382,667    232,708 
Issuance of Common Shares against Pre-funded warrants   1,284,000    780,769 
Issuance of Common Shares against FPO   10,000,000    834,000 
Shares Issuance Costs   -    (487,263)
    

11,666,667

    

1,360,214

 
Balance, May 31, 2025   20,092,025    9,920,070 

 

During the nine months ended May 31, 2025, the Company issued 382,667 common shares under its Form S-3 shelf registration and 10.00 million common shares under Follow-up Public Offering (FPO). The gross proceeds received from the issuance of the pre-funded warrants were initially recorded within additional paid-in capital before it was exercised. During the period, 1,284,000 pre-funded warrants were exercised, resulting in the issuance of 1,284,000 common shares.

 

 

Pineapple Financial Inc.

Notes to the Condensed Interim Consolidated Financial Statements for period ended May 31, 2025 - Unaudited

(Expressed in US Dollars)