DevvStream Corp. 8-K

What Happened DevvStream Corp. (DEVS) announced in a Form 8‑K filed May 1, 2026 that on April 27, 2026 it sold 250,025 pre‑funded warrants to Helena Partners Inc. for aggregate gross proceeds of $250,000. The sale was made under a Securities Purchase Agreement and the warrants are exercisable into shares of the company’s common stock (warrant shares).

Key Details

• The offering closed April 27, 2026; the 8‑K was filed May 1, 2026.
• 250,025 Pre‑Funded Warrants were sold for aggregate gross proceeds of $250,000.
• The securities were offered and sold in reliance on Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D; Helena Partners represented it is an accredited investor.
• The Securities Purchase Agreement (Exhibit 10.1) and the form of Pre‑Funded Common Stock Purchase Warrant (Exhibit 4.1) were filed as exhibits to the 8‑K.

Why It Matters This transaction provides DevvStream with $250,000 in immediate gross capital. The pre‑funded warrants, when exercised, will result in issuance of common shares, which could affect the company’s share count in the future. The sale was an unregistered private placement relying on accredited‑investor exemptions, meaning the shares and warrants were not offered to the general public.