secwatch / observer
8-K filed September 13, 2023, 7:59 PM ET ticker DEVS CIK 0001854480
M&A confidence high sentiment neutral materiality 0.75

Focus Impact Acquisition Corp. to acquire DevvStream Holdings for $145M in stock

DevvStream Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DevvStream Corp. entered into Business Combination Agreement with Focus Impact Acquisition Corp., Focus Impact Amalco Sub Ltd. (effective 2023-09-12).

Action
entry
Agreement
merger
Counterparty
Focus Impact Acquisition Corp., Focus Impact Amalco Sub Ltd.
Effective
2023-09-12
Exact text from the filing
On September 12, 2023, Focus Impact Acquisition Corp., a Delaware corporation ("FIAC") entered into a Business Combination Agreement (as may be amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement" and the transactions contemplated thereby, collectively, the "Business Combination"), by and among FIAC, Focus Impact Amalco Sub Ltd., a company existing under the laws of the Province of British Columbia ("Amalco Sub") and DevvStream Holdings Inc., a company existing under the Laws of the Province of British Columbia ("Devvstream").
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DevvStream Corp. entered into Sponsor Side Letter with Focus Impact Sponsor, LLC (effective 2023-09-12).

Action
entry
Agreement
asset purchase
Counterparty
Focus Impact Sponsor, LLC
Effective
2023-09-12
Exact text from the filing
Simultaneously with the execution of the Business Combination Agreement, FIAC and Focus Impact Sponsor, LLC, a Delaware limited liability company ("FIAC Sponsor") entered into a Sponsor Side Letter, pursuant to which, among other things, FIAC Sponsor agreed to forfeit (i) 10% of its SPAC Class B Shares
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.7

DevvStream Corp. entered into Company Support & Lock-Up Agreements with Devvio, Inc. and DevvStream’s directors and officers (effective 2023-09-12).

Action
entry
Agreement
asset purchase
Counterparty
Devvio, Inc. and DevvStream’s directors and officers
Effective
2023-09-12
Exact text from the filing
contemporaneously with the execution of the Business Combination Agreement, DevvStream, FIAC and each of Devvio, Inc., the majority and controlling shareholder of DevvStream, and DevvStream’s directors and officers (the "Core Company Securityholders") entered into Company Support & Lock-Up Agreements (the "Company Support Agreements")
View on SEC.gov

197 material agreements filed in the last 30 days. Browse all material agreements →

DevvStream Corp. filing history →

Source: SEC EDGAR
accession 0001140361-23-043753
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