---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-020652"
form_type: "8-K"
ticker: "DEVS"
cik: "0001854480"
company_name: "DevvStream Corp."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:25:27.192974+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Focus Impact Acquisition Corp. shareholders approve extension to Aug 1, 2023; ~$180M redeemed

## Summary
- Extension of business combination deadline from May 1, 2023 to August 1, 2023 approved; can extend monthly up to May 1, 2024.
- Removal of net tangible asset floor ( $5M ) redemption limitation also approved.
- 17,297,209 shares redeemed at ~$10.40/share, total ~$179.86M withdrawn from trust.
- Proposals passed with >23M votes for and <1M against; adjournment proposal not needed.
- Company remains listed on Nasdaq under FIACU, FIAC, FIACW.

## SEC filing metadata
- accession: 0001140361-23-020652
- form_type: 8-K
- ticker: DEVS
- cik: 0001854480
- company_name: DevvStream Corp.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854480/000114036123020652/0001140361-23-020652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854480/000114036123020652/brhc20051949_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-020652
- JSON: https://secwatch.observer/filing/0001140361-23-020652.json
- Plain text: https://secwatch.observer/filing/0001140361-23-020652.txt

## Key facts
- Governance Changes
  DevvStream Corp.: Amended certificate of incorporation to extend business combination deadline and remove redemption limitation on net tangible assets (effective 2023-04-26).
  - Change: charter amendment
  - Effective: 2023-04-26
  source text: On April 25, 2023, Focus Impact Acquisition Corp. (the “ Company ”) held a special meeting of stockholders (the “ Extension Meeting ”) to amend the Company’s amended and restated certificate of incorporation to (i) extend the date (the “ Termination Date ”) by which FIAC has to consummate a business combination from May 1, 2023 (the “ Original Termination Date ”) to August 1, 2023 (the “ Charter Extension Date ”) and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to nine times by an additional one month each time after the Charter Extension Date, by resolution of the Company’s board of directors if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date, until May 1, 2024, or a total of up to twelve months after the Original Termination Date, unless the closing of the Company’s initial business combination shall have occurred prio
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036123020652/0001140361-23-020652-index.htm
- Shareholder Votes
  DevvStream Corp. shareholders approved Redemption Limitation Amendment Proposal at the 2023-04-25 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-04-25
  source text: The Redemption Limitation Amendment Proposal For Against Abstain 23,291,651 963,536 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036123020652/0001140361-23-020652-index.htm
- Shareholder Votes
  DevvStream Corp. shareholders approved Extension Amendment Proposal at the 2023-04-25 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-04-25
  source text: The Extension Amendment Proposal For Against Abstain 23,291,632 963,555 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036123020652/0001140361-23-020652-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.