secwatch.observer — SEC 8-K summary
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Issuer:     DevvStream Corp. (DEVS)
CIK:        0001854480
Form:       8-K
Filed at:   2026-09-24T20:15:23+00:00
Accession:  0001140361-26-037566
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DevvStream amends $1M SPA with EEME, cancels 2.9M shares, gets $200K
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854480/000114036126037566/0001140361-26-037566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854480/000114036126037566/ef20082767_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-037566

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