other material
confidence high
sentiment negative
materiality 0.60
DevvStream amends $1M SPA with EEME, cancels 2.9M shares, gets $200K
DevvStream Corp.
- Original SPA (June 30) had EEME buying $1M at $0.28683/sh (10% discount), issuing 3,486,386 shares; only $161K paid.
- Amendment: EEME keeps 561,308 shares for $161K paid; 2,925,078 shares cancelled via transfer agent.
- EEME must wire $200K by Sep 29, 2026; DevvStream issues 1,120,448 new shares at $0.1785/sh (85% of 15-day VWAP).
- EEME's $5M advance obligation to fund Southern is terminated after only $1.64M funded; no future advance requirements.