Pineapple Financial replaces auditor MNP with Davidson & Company; going-concern doubt noted
Pineapple Financial Inc. said its auditor, MNP LLP, resigned effective immediately on June 1, 2026, and the board appointed Davidson & Company LLP as its new independent registered public accounting firm the same day. MNP's audit reports for fiscal 2025 and 2024 included a going-concern explanatory paragraph, and the filing reports no disagreements or reportable events. The filing also discloses a management services agreement with Innovating Capital Management, LLC to oversee a digital asset treasury strategy.
Key points
- MNP LLP resigned as auditor effective immediately on June 1, 2026; Davidson & Company LLP appointed the same day.
- MNP's reports for fiscal years ended August 31, 2025 and 2024 contained a substantial doubt going-concern paragraph.
- No disagreements or reportable events with MNP were reported for fiscal 2025 or the interim period through June 1, 2026.
- Board approved on May 31, 2026 a one-year advisory agreement with Innovating Capital Management, LLC, covering a digital asset treasury strategy, with 30 days' notice for termination.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2026.
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