MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Market Information
common shares are listed on the NYSE American under the symbol “PAPL.”
of December 19, 2024, we had 95 shareholders of record .
−Removed: This does not include shares held in the name of a broker, bank,
−Removed: or other nominees (typically referred to as being held in “street name”).
−Removed: of Proceeds from Registered Offering
−Removed: November 3, 2023, we completed the initial public offering, or IPO, of our common shares pursuant to which we issued and sold 875,000
−Removed: common shares at a price to the public of $4.00 per share.
−Removed: All of the common shares issued and sold in our IPO were registered under
−Removed: the Securities Act pursuant to a registration statement on Form S-1 (Registration No.
−Removed: 333-268636), which was declared effective by the
−Removed: SEC on October 12, 2023.
−Removed: We received net proceeds of approximately $2.76 million, after deducting underwriting discounts and commissions
−Removed: and offering expenses borne by us.
−Removed: None of the expenses incurred by us were direct or indirect payments to any of (i) our directors or
−Removed: officers or their associates, (ii) persons owning 10% or more of our common shares, or (iii) our affiliates.
−Removed: There has been no material
−Removed: change in the planned use of proceeds from our IPO as described in our final prospectus filed with the SEC on November 2, 2023 pursuant
−Removed: to Rule 424(b)(4).
−Removed: EF Hutton, division of Benchmark Investments, LLC, acted as representative of the underwriters of the offering.
−Removed: offering commenced on October 31, 2023 and did not terminate before all securities registered in the registration statement were sold.
+Added: This does not include shares held in the name of a broker, bank, or other
+Added: nominees (typically referred to as being held in “street name”).
have not, since the date of our incorporation, declared or paid any dividends or other distributions on our Common Shares, and do not
6 unchanged sentences
Sales of Equity Securities
−Removed: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.