{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-024056","form_type":"8-K","ticker":"DEVS","cik":"0001854480","company_name":"DevvStream Corp.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.880475+00:00","generated_at":"2026-06-03T00:53:59.289553+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Focus Impact Acquisition amends business combination agreement with DevvStream; revises share conversion formulas","bullets":["Reverse Split Factor defined as lesser of Final Company Share Price / $0.6316 and 1; affects all share/warrant conversions.","Common Amalgamation Consideration recalculated as Reverse Split Factor times Amalgamation Consideration Value divided by $10.20.","Sponsor Side Letter amended to confirm Class B shares and Private Placement Warrants convert only into New PubCo Common Shares at Reverse Split Factor; fractional shares rounded down.","Per Common Share Amalgamation Consideration for Multiple Voting Shares set at 10x Common Conversion Ratio; for Subordinated Voting Shares at Common Conversion Ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-024056","json":"https://secwatch.observer/filing/0001140361-24-024056.json","markdown":"https://secwatch.observer/filing/0001140361-24-024056.md","text":"https://secwatch.observer/filing/0001140361-24-024056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854480/000114036124024056/0001140361-24-024056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854480/000114036124024056/ny20010621x9_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:53:59.289553+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7055b759039b2da18f29254b2ce012665ea2cefd","claim":"DevvStream Corp. amended Amendment No. 1 to the Initial Business Combination Agreement with Focus Impact Acquisition Corp., Focus Impact Amalco Sub Ltd., DevvStream Holdings Inc. (effective 2024-05-01).","evidence_excerpt":"On May 1, 2024, FIAC, Amalco Sub and DevvStream entered into Amendment No. 1 to the Initial Business Combination Agreement (the “ First Amendment ”), which amends the Initial Business Combination Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854480/000114036124024056/0001140361-24-024056-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Focus Impact Acquisition Corp., Focus Impact Amalco Sub Ltd., DevvStream Holdings Inc."},{"label":"Effective","value":"2024-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}