DevvStream enters $300M convertible note facility; initial $10M for crypto treasury

DevvStream Corp.

Securities purchase agreement for up to $300M in senior secured convertible notes; initial $10M funded.
Notes convertible at 200% of prior closing price, 8% OID, 8% interest, 18-month maturity, secured by all assets.
75% of net proceeds (70% of initial tranche) to purchase crypto assets: Bitcoin, Solana, DevvE.
BitGo Trust Company appointed as custodian; FRNT Financial as digital treasury consultant.
Special shareholder meeting within 75 days to approve issuance >19.99% of outstanding shares for Nasdaq compliance.

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