DevvStream receives Nasdaq notice of failure to regain net income compliance; delisting risk elevated

DevvStream Corp.

Extension to meet Nasdaq's $500K net income requirement expired May 18, 2026; company has not regained compliance.
Nasdaq panel will now also consider company's bid price deficiency (below $1.00 for 30 days) in delisting decision.
Company must submit written views to panel by May 27, 2026; no assurance of continued listing.
Hearing on bid price deficiency occurred May 19, 2026; panel reviews both deficiencies together.

item 3.01 item 9.01

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Machine-readable event card

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accession: 0001140361-26-022598
form_type: 8-K
ticker: DEVS
cik: 0001854480
company_name: DevvStream Corp.
filed_at: 2026-05-22T20:05:36+00:00
discovered_at: 2026-05-22T20:08:00.346311+00:00
generated_at: 2026-05-22T21:12:50.931530+00:00
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Source-grounded claims

ad83e5241ad171cf1a85ca79ec6a454de75399bc

DevvStream Corp. received a nasdaq noncompliance notice notice regarding other (rules 5550(b), 5450(a)(1)).

on May 20, 2026, due to the expiration of the Net Income Compliance Extension, the Company received formal notification that it has not regained compliance with the Net Income Requirement and that, accordingly, the Panel will consider the Net Income Deficiency in their decision regarding the Company’s continued listing on Nasdaq

SEC 8-K Item 3.01 confidence 0.95 SEC evidence

Source: SEC EDGAR

accession 0001140361-26-022598

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