secwatch.observer — SEC 8-K summary
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Issuer:     DevvStream Corp. (DEVS)
CIK:        0001854480
Form:       8-K
Filed at:   2026-06-08T13:58:00+00:00
Accession:  0001140361-26-024382
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854480/000114036126024382/0001140361-26-024382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854480/000114036126024382/ef20075717_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-024382

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer