Focus Impact details DevvStream (DEVS) 5.30% secured convertible notes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
DevvStream Corp. filed an initial ownership report showing that Focus Impact Partners, LLC, a ten percent owner, holds two 5.30% secured convertible notes. One note has an original principal amount of $982,150 dated November 13, 2024, and the other has an original principal amount of $218,000 dated March 19, 2025. Both notes are convertible into DevvStream common shares, although this filing lists zero underlying shares and zero note units outstanding after the reported entries.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Focus Impact Partners, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Convertible Note | -- | -- | -- |
| holding | Convertible Note | -- | -- | -- |
Holdings After Transaction:
Convertible Note — 0 shares (Direct)
Footnotes (1)
- 5.30% Secured Convertible Note, in the original principal amount of $982,150, dated November 13, 2024. 5.30% Secured Convertible Note, in the original principal amount of $218,000, dated March 19, 2025.
FAQ
What does DevvStream (DEVS) disclose about Focus Impact Partners, LLC in this Form 3?
DevvStream discloses that Focus Impact Partners, LLC is a ten percent owner holding two secured convertible notes. The filing records these instruments as 5.30% secured convertible notes referencing original principal amounts of $982,150 and $218,000, both tied to DevvStream common shares.
What are the key terms of the DevvStream (DEVS) 5.30% secured convertible notes?
The notes carry a 5.30% rate and are secured convertible notes referencing DevvStream common shares. One note has an original principal amount of $982,150 dated November 13, 2024, and the second has $218,000 dated March 19, 2025, as described in the filing footnotes.
Does the DevvStream (DEVS) Form 3 show any insider buying or selling activity?
The report does not show insider buying or selling activity; it records holdings. All entries are classified as holding-type records with unknown transaction codes, and the transaction summary shows zero buy or sell counts and a neutral net buy-sell direction.
Who is the reporting person in DevvStream (DEVS) Form 3 and what is their status?
The reporting person is Focus Impact Partners, LLC, identified as a ten percent owner of DevvStream. The filing does not list this entity as a director or officer, but it reports its status based on beneficial ownership through the secured convertible notes tied to DevvStream common shares.