---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-024382"
form_type: "8-K"
ticker: "DEVS"
cik: "0001854480"
company_name: "DevvStream Corp."
filed_at: "2026-06-08T13:58:00+00:00"
generated_at: "2026-06-08T13:59:07.536018+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DevvStream settles convertible note dispute with Helena; remaining debt $1M

## Summary
- Agreed to honor Helena's conversion notices totaling $295,000 in principal; shares due by June 8, 2026.
- Digital asset collateral in BitGo credited at $2.6M, applied against outstanding note obligations.
- Remaining debt under the note set at $1M, convertible at event of default discount price.
- Helena consented irrevocably to DevvStream's proposed business combination with XCF Global and Southern Energy.
- Helena restricted to selling no more than 10% of 10-day average daily trading volume per sale.

## SEC filing metadata
- accession: 0001140361-26-024382
- form_type: 8-K
- ticker: DEVS
- cik: 0001854480
- company_name: DevvStream Corp.
- filed_at: 2026-06-08T13:58:00+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854480/000114036126024382/0001140361-26-024382-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854480/000114036126024382/ef20075717_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-024382
- JSON: https://secwatch.observer/filing/0001140361-26-024382.json
- Plain text: https://secwatch.observer/filing/0001140361-26-024382.txt

## Key facts
- Material Agreements
  DevvStream Corp. entered into Settlement Agreement and Mutual Release with Helena Global Investment Opportunities 1 Ltd. (effective 2026-06-08).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Helena Global Investment Opportunities 1 Ltd.
  - Effective: 2026-06-08
  source text: On June 8, 2026, DevvStream Corp. (the “Company”) entered into a Settlement Agreement and Mutual Release (the “Settlement Agreement”) with Helena Global Investment Opportunities 1 Ltd. (“Helena”), the holder of the Company’s senior secured Convertible Promissory Note dated July 18, 2025 in the original principal amount of $10,000,000 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854480/000114036126024382/0001140361-26-024382-index.htm

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