Announcement • 14h
DevvStream Corp.(OTCPK:DEVS.F) dropped from NASDAQ Composite Index DevvStream Corp.has been dropped from the NASDAQ Composite Index Announcement • Jun 24
DevvStream Corp Receives Notice of Nasdaq Suspension Due to Noncompliance with Listing Rules On June 22, 2026, DevvStream Corp. received a letter from The Nasdaq Stock Market LLC indicating that the Nasdaq Hearings Panel has determined to suspend the Company's securities from Nasdaq based upon (i) the Company's noncompliance with the $1.00 bid price requirement under Nasdaq Listing Rule 5550(a)(2) and (ii) the Company's failure to demonstrate compliance with Nasdaq's Listing Rule 5550(b). Pursuant to the Delist Determination and absent an immediate stay by the Nasdaq Listing and Hearing Review Council as discussed below, the Company's common shares, no par value, will be suspended from trading on Nasdaq at the open of business on June 24, 2026. The Company intends to request an appeal of the Delist Determination to the Listing Council in accordance with Nasdaq Listing Rule 5820(a). Such request would not stay the suspension of trading in the Common Shares on Nasdaq. If the Common Shares are suspended from Nasdaq, the Company expects that the Common Shares would be immediately eligible for quotation on the Pink Limited Market operated by OTC Markets under its trading symbol: DEVS, which may have a material adverse effect on the trading price and volume for the Common Shares. The Company anticipates filing an application to have the shares quoted on the OTCQB Market. There can be no assurance that a market for the Common Shares will develop or be maintained on the OTCQB market, and the Company's stockholders may find it more difficult to buy or sell their shares. There can be no assurance that the Company will succeed in its efforts to appeal the Delist Determination to the Listing Council, or, if successful, that the Company will be able to satisfy any conditions imposed by the Listing Council to maintain its Nasdaq listing. Announcement • Jun 05
DevvStream Corp. announced that it expects to receive $6 million in funding from EEME Energy SPV I, LLC DevvStream Corp. announces that it has entered into a binding term sheet with EEME Energy SPV I, LLC to issue Series A Non-Redeemable Convertible Preferred Stock for gross proceeds of $6,000,000 on June 3, 2026. The transaction involves participation from new investor EEME Energy SPV I, LLC for $6,000,000. The Series A Preferred Stock is perpetual, with no mandatory redemption, maturity date, sinking fund, or repurchase obligation. The transaction will be funded at one or more closings on mutually agreed dates. The preferred stock is Senior to common stock as to dividends and liquidation; junior to all indebtedness; pari passu with any future preferred stock not designated as senior. Non-participating. The Series A Preferred Stock can be converted at any time by the holder into common stock. The conversion price is based on the 5-day average price of XCF Global shares after the business combination closes, or DevvStream shares after the BCA is terminated. Automatic conversion happens on a change of control or if a majority of Series A holders approve after BCA termination. Settlement is in DevvStream or XCF shares, at the company’s choice. The dividend is Non-cumulative; payable only if, when, and as declared by the Company's board of directors; payable in cash or common stock at the Company's election. The dividend rate will be determined in definitive documentation. The holder is entitled to vote only as a separate class on matters that adversely affect the rights, preferences, or privileges of the Series A Preferred Stock.