---
schema_version: "secwatch.filing_event.v1"
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"
generated_at: "2026-05-22T21:12:50.931530+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854480/000114036126022598/0001140361-26-022598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854480/000114036126022598/ef20074443_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-022598
- JSON: https://secwatch.observer/filing/0001140361-26-022598.json
- Plain text: https://secwatch.observer/filing/0001140361-26-022598.txt

## Source-grounded claims
- claim_id: ad83e5241ad171cf1a85ca79ec6a454de75399bc
  claim: DevvStream Corp. received a nasdaq noncompliance notice notice regarding other (rules 5550(b), 5450(a)(1)).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036126022598/0001140361-26-022598-index.htm

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