---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-056660"
form_type: "8-K"
ticker: "DEVS"
cik: "0001854480"
company_name: "DevvStream Corp."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:25:40.580874+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Focus Impact Acquisition Corp. issues up to $1.5M non-interest note due at business combination

## Summary
- Issued unsecured promissory note to Focus Impact Sponsor, LLC for up to $1,500,000 principal.
- Note bears no interest; entire principal due upon closing of initial business combination.
- If no business combination occurs, repayment limited to funds outside the trust account; note otherwise extinguished.
- Sponsor waives any claim against trust account proceeds.
- Drawdown requests funded within three business days; amounts drawn not available for future draws.

## SEC filing metadata
- accession: 0001140361-23-056660
- form_type: 8-K
- ticker: DEVS
- cik: 0001854480
- company_name: DevvStream Corp.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854480/000114036123056660/0001140361-23-056660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854480/000114036123056660/ef20016111_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-056660
- JSON: https://secwatch.observer/filing/0001140361-23-056660.json
- Plain text: https://secwatch.observer/filing/0001140361-23-056660.txt

## Key facts
- Debt Financings
  DevvStream Corp. incurred loan of $1,500,000 with Focus Impact Sponsor, LLC at does not bear interest maturing matures upon closing of the Company's initial business combination.
  - Instrument: loan
  - Principal: $1,500,000
  - Counterparty: Focus Impact Sponsor, LLC
  - Rate: does not bear interest
  - Maturity: matures upon closing of the Company's initial business combination
  - Event: incurrence
  source text: On December 1, 2023, Focus Impact Acquisition Corp. (the “ Company ”) issued an unsecured promissory note in the total principal amount of up to $1,500,000 (the “ Promissory Note ”) to Focus Impact Sponsor, LLC. The Promissory Note does not bear interest and matures upon closing of the Company’s initial business combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036123056660/0001140361-23-056660-index.htm

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