other_material
confidence high
sentiment neutral
materiality 0.55
DevvStream announces 1-for-10 reverse stock split effective Aug 8, 2025 to regain Nasdaq compliance
DevvStream Corp.
- Reverse split at 1:10 ratio effective Aug 8, 2025; pre-split shares 35,416,734, post-split ~3,541,673.
- Split intended to raise share price above $1.00 to regain compliance with Nasdaq Listing Rule 5810(c)(3)(A).
- CUSIP changes to 251936209; trading symbol DEVS unchanged on Nasdaq.
- No fractional shares issued; fractional interests rounded down to nearest whole share.
- Shareholders approved at special meeting July 28, 2025; Board set ratio on Aug 6.
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