Every 8-K that Devvstream Corp (DEVS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DEVS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DEVS filings page.
DevvStream Corp. entered a Securities Purchase Agreement with EEME Energy SPV I, LLC and Southern Energy Renewables, Inc. for a $6,000,000 private placement linked to a planned business combination with Southern.
EEME will advance $5,000,000 to DevvStream, which will be passed to Southern in connection with the Business Combination Agreement. If that agreement is terminated before closing, DevvStream will instead issue 50,000 Series A Non-Voting Preferred Shares to EEME. EEME will also purchase $1,000,000 of DevvStream common shares at $0.28683 per share, resulting in 3,486,386 new common shares, with payment permitted in tranches through September 30, 2026. As of the agreement date, EEME had already advanced $1,500,000 to DevvStream, of which $1,499,800 was forwarded to Southern, and EEME agreed to vote its holdings in favor of the domestication and merger transactions described in the Business Combination Agreement.
DevvStream Corp. reports a Nasdaq delisting determination after failing to meet the $1.00 minimum bid price requirement and Nasdaq Listing Rule 5550(b) on net income. A Nasdaq Hearings Panel has decided to suspend trading of the company’s common shares on Nasdaq.
Unless an immediate stay is granted on appeal, the shares will be suspended at the open of business on June 24, 2026 and are expected to be quoted on the Pink Limited Market under the symbol DEVS. The company plans to seek review by the Nasdaq Listing and Hearing Review Council and to apply for quotation on the OTCQB Market, but there is no assurance of a successful appeal or a stable trading market.
DevvStream Corp. has entered into a Settlement Agreement with Helena Global Investment Opportunities 1 Ltd. to resolve disputes over its senior secured Convertible Promissory Note with an original principal of $10,000,000. The company will honor Helena’s conversion notices totaling $295,000 in principal, with shares to be delivered by the morning of June 8, 2026, and the parties agreed to value digital asset collateral in a BitGo custodial account at $2,600,000, applied against the note. After these adjustments, the remaining amount owing under the note is $1,000,000, which remains convertible at the Event of Default Discount Price. Helena accepted a leak-out restriction limiting sales of conversion shares to 10% of average daily trading volume and exchanged mutual releases with DevvStream. Helena also irrevocably consented to the proposed business combination involving DevvStream, XCF Global, Inc. and Southern Energy Renewables, Inc., and permanently waived certain termination rights, supporting the planned merger process.
DevvStream Corp. entered a binding term sheet for a private placement of $6,000,000 of Series A Non-Redeemable Convertible Preferred Stock. The security is perpetual, senior to common stock, and intended to qualify as permanent equity under U.S. GAAP.
Of the proceeds, $5,000,000 are earmarked for an investment in Southern Energy Renewables, Inc. in connection with a Business Combination Agreement with XCF Global, Inc., and $1,000,000 for working capital. The investor has already funded $1.5 million toward the purchase price, with the balance to follow at later closings, subject to definitive documentation and customary conditions.
Separately, Helena Global Investment Opportunities 1 Ltd. delivered a Notice of Exclusive Control relating to a $10,000,000 senior secured convertible promissory note, asserting an Event of Default tied to registration effectiveness and claiming an approximate mandatory default amount of $4.5 million. Helena has directed control and liquidation of digital asset collateral valued at about $2.8 million, including Bitcoin, Solana and cash. The company is reviewing the claim and disputes certain components.
DevvStream Corp. disclosed that it has terminated its Purchase Agreement with Helena Global Investment Opportunities I LTD and Focus Impact Sponsor, LLC, ending its ELOC Agreement. This arrangement had allowed the company to issue and sell up to $300,000,000 of common shares to Helena, subject to conditions.
Under the ELOC terms, each drawdown price would have been the lowest intraday sale price of the common shares over the three trading days starting on Helena’s receipt of the related shares. The company’s common shares trade on The Nasdaq Stock Market LLC under the symbol DEVS.
DevvStream Corp. reports that Nasdaq has formally notified the company it has not regained compliance with the net income listing standard after a previously granted extension expired on May 18, 2026. The company had been required to meet a $500,000 minimum net income test or certain alternative standards.
This net income deficiency will now be considered by a Nasdaq Hearings Panel alongside DevvStream’s existing noncompliance with the Minimum Bid Price Rule, after its shares traded below $1.00 for 30 consecutive business days. Following a hearing held on May 19, 2025, the Panel has asked the company to submit written views on the net income deficiency by May 27, 2026. DevvStream states there can be no assurance it will regain compliance or maintain its Nasdaq listing.
DevvStream Corp. has confirmed that its earlier Agreement and Plan of Merger with Southern Energy Renewables automatically terminated after both DevvStream and company fairness opinions were received, leaving no liability or ongoing obligations for any party. The company is now focused on a broader business combination under an existing Business Combination Agreement with XCF Global and Southern, which remains in place but is subject to customary closing conditions and multiple termination events. The filing highlights forward-looking targets, including potential annualized blended fuel product revenues in excess of $1.0 billion, minimum annualized EBITDA of $100 million, possible authorization for Southern to issue up to $400 million of bonds, and a joint objective of creating a $3.0 billion combined enterprise, while stressing significant regulatory, financing, execution, valuation, and Nasdaq listing risks and warning there is no assurance the transaction will close or that these objectives will be achieved.
DevvStream Corp. entered into a Securities Purchase Agreement with Helena Partners Inc. for a private placement of pre-funded warrants. The Company sold 250,025 Pre-Funded Warrants at $0.9999 each, for aggregate gross proceeds of $250,000.
Each warrant is immediately exercisable, has no expiration date, and carries a nominal exercise price of $0.0001 per warrant share, payable in cash or via cashless exercise. Exercise is limited so that Helena Partners’ beneficial ownership of DevvStream common shares does not exceed 4.99%, or at its election up to 9.99%, after exercise.
The transaction relied on the Section 4(a)(2) and Rule 506(b) exemptions from registration, with Helena Partners represented as an accredited investor. DevvStream intends to use the net proceeds for general working capital and has agreed to include the warrant shares for resale in its next registration statement filed after the offering’s closing.
DevvStream Corp. has signed a definitive Business Combination Agreement with XCF Global and Southern Energy Renewables to form an integrated low‑carbon energy platform focused on sustainable aviation fuel, green methanol and environmental-attribute monetization. DevvStream and Southern will become wholly owned subsidiaries of XCF, with post-closing ownership expected at 66.7% for existing XCF holders, 23.3% for Southern holders and 10.0% for DevvStream holders.
Closing is subject to extensive conditions, including shareholder approvals, SEC and stock exchange clearances, completion of a plant conversion, Southern bond authorizations of at least $400,000,000, minimum Southern liquidity of $10,000,000 and business milestones such as targeted annualized blended-fuel revenues above $1,000,000,000 and EBITDA of at least $100,000,000. The agreement includes mutual termination rights, termination fees and support and lock-up agreements that secure key shareholder votes, but there is no assurance the transaction will be completed.
DevvStream Corp. reports that Nasdaq has notified the company it is no longer in compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 per share. The company’s common shares closed below this level for 30 consecutive business days from February 23, 2026 to April 6, 2026.
Because DevvStream previously completed a reverse stock split within the past year, Nasdaq rules do not allow an automatic grace period. The company plans to request a hearing before a Nasdaq Hearings Panel, which will temporarily prevent suspension or delisting while the panel reviews the case. DevvStream cautions that there is no assurance it will regain compliance or maintain its Nasdaq listing.
DevvStream Corp. entered a conversion agreement with Focus Impact to turn $5,490,736 of outstanding secured convertible notes and accrued consulting fees into 6,083,244 common shares at $0.9026 per share, fully settling those obligations.
According to a related press release, Focus Impact converted roughly $5.5 million of notes and fees into equity at a 12.9% premium to DevvStream’s March 10, 2026 share price, while Helena Partners released about $1.2 million of cash collateral, enabling prepayment of roughly $1.1 million of Helena debt, waived interest through May 2026, and provided a new $700,000 zero‑interest loan due March 2027. Together, these actions are described as reducing outstanding debt by approximately $5.9 million and strengthening DevvStream’s balance sheet as it pursues a three‑way merger and related strategic plans.
DevvStream Corp. has been granted more time by Nasdaq to fix its listing deficiency. Nasdaq’s Listing Qualifications Staff approved the company’s plan and extended the deadline to May 18, 2026 to regain compliance with Listing Rule 5550(b), which requires certain minimum equity, market value, or net income levels.
The company’s common shares will continue trading on the Nasdaq Capital Market under the symbol DEVS for now, and the extension and current non-compliance do not immediately affect trading. However, there is no assurance the company will successfully regain or maintain compliance with Nasdaq’s continued listing standards.
DevvStream Corp. entered into a binding term sheet with XCF Global, Southern Energy Renewables, and EEME Energy SPV I for a proposed multi-party business combination and related financing. The structure contemplated would see DevvStream and Southern merge with wholly owned subsidiaries of XCF, receive XCF Class A common stock, and become XCF subsidiaries, subject to definitive agreements and numerous closing conditions.
To support the transaction, XCF agreed to raise and invest $10 million for conversion of its New Rise Reno facility for sustainable aviation fuel blending and related corporate purposes, funded through sales of XCF common stock to EEME under a share cap and funding schedule. The term sheet defines a post-closing XCF board with four XCF designees, two Southern designees, and one DevvStream designee and includes interim covenants such as restrictions on reverse stock splits without EEME consent and prohibitions on certain share sales for naked short coverage. The parties highlight extensive risks, emphasize that many terms remain subject to negotiation, and caution that there is no assurance the transaction or its targeted outcomes will be completed.
Devvstream Corp. (DEVS) disclosed that it received a notice from the Nasdaq Listing Qualifications Department stating that the company no longer meets the Nasdaq Capital Market continued listing standards. Its net income from continuing operations fell below the minimum required under Nasdaq Listing Rule 5550(b)(3), and it also does not meet the alternative standards based on market value of listed securities or stockholders’ equity.
The company has until January 2, 2026 to submit a plan to Nasdaq explaining how it will regain compliance. If Nasdaq accepts the plan, it may grant up to 180 calendar days from the notice date for Devvstream to show it meets the standards. If Nasdaq does not accept the plan, or if compliance is not regained, the company’s common stock could be delisted, although Devvstream would have the right to appeal. The notice and current non-compliance do not immediately affect the listing or trading of DEVS, which continues on the Nasdaq Capital Market.
Devvstream Corp. reported that it issued a press release detailing fiscal results for the year ended July 31, 2025 and provided an update on initiatives undertaken during that fiscal year.
The press release is furnished as Exhibit 99.1 and is incorporated by reference. A cover page Inline XBRL file is included as Exhibit 104.
DevvStream Corp. (DEVS) announced a fourth amendment to its Strategic Partnership Agreement with Devvio. The amendment states that existing rights and obligations under the prior agreement are fully settled and of no further force or effect, except for confidentiality and the new obligations in this amendment.
The amendment establishes a Strategic Token Program under which DevvStream agrees to purchase DevvE tokens annually in the amount of $1,000,000 in 2025 and $1,270,00 in each of 2026 and 2027. In connection with these purchases, DevvStream will receive warrants equal to 25% of the Purchase Amount, exercisable at the same 10-day VWAP price used to determine the number of tokens purchased.
DevvStream Corp. announced its first annual meeting of stockholders will be held virtually on December 29, 2025 at 10:00 a.m. Pacific Time. The Board set November 10, 2025 as the record date to determine shareholders entitled to notice and voting. The company did not hold an annual meeting in the prior calendar year. Shareholder nomination and proposal deadlines are: October 31, 2025 to submit items for inclusion in the proxy statement and November 28, 2025 to provide notice of nominations or proposals not included in proxy materials. The filing also discloses vote counts showing 13,281 votes against the first issuance proposal and 12,744 votes against the second issuance proposal. Delivery address for notices is provided.