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Pentiv Launches Mortgage Intelligence Platform and Appoints CFO
Pentiv, the new operating brand of Pineapple Financial announced the launch of its intelligence platform for mortgage agents and brokerages, marking the next phase of the company's evolution. The platform builds on technology, permissioned data, and workflows developed within Pineapple Financial's operating network and is designed for broader commercialization across independent brokerages and mortgage networks. The company also announced the appointment of Usman Maher as Chief Financial Officer and Chief Strategy Officer. The company's common shares will continue to trade under the ticker "PAPL" until the ticker change to "PTIV" becomes effective on NYSE American, which is anticipated to occur on or about October 26, 2026. The corporate renaming to "Pentiv Inc." remains subject to shareholder approval at the company's upcoming meeting of shareholders. Pentiv launches with an asset-light operating model and a growing base of recurring platform revenue. Rather than replace the origination systems brokerages already use, Pentiv is designed to sit above existing infrastructure, unify data and workflows, and apply intelligence to the operating functions that drive brokerage growth. That architecture gives the company a path to scale software and intelligence products beyond the economics of a single brokerage network. Usman Maher has joined Pentiv as CFO and Chief Strategy Officer. Maher brings more than a decade of experience across private equity, special situations credit, and high-growth fintech. Before joining Pentiv, he served as Senior Director of Strategic Finance at SoFi, where he built the finance function for the company's member platform and helped scale it into a meaningful contributor to P&L. Pentiv's core operating strategy centers on the commercialization and expansion of its mortgage-intelligence platform. Pineapple Financial serves as the operating foundation, customer zero, and proof environment where products can be developed, tested, and measured in real brokerage workflows before broader deployment. The company's digital asset treasury and broader treasury strategy provide supporting balance-sheet and capital infrastructure for its longer-term thesis that AI and on-chain finance will increasingly converge, giving Pentiv a vested role in the blockchain network that supports that future.
Pineapple Financial Files to Sell 25.68M Common Shares
Pineapple Financial files to sell 25.68M common shares for holders
NYSE American to commence delisting proceedings against Pineapple Financial
NYSE American announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common shares of Pineapple Financial from NYSE American. Trading in the company's common shares will be suspended immediately.
Pineapple Financial files to sell 17.59M units
D. Boral Capital is sole placement agent.
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