Focus Impact Partners, LLC 4

What Happened

• Focus Impact Partners, LLC (reported as a 10% owner) converted convertible securities into 2,526,405 common shares of DevvStream Corp. on March 13, 2026. The conversion price was $0.9026 per share, totaling approximately $2,280,333. The Form 4 shows both the acquisition of the common shares and the corresponding disposition of the derivative instrument (the convertible notes were converted).

Key Details

• Transaction date: 2026-03-13; Conversion price: $0.9026/share; Shares acquired: 2,526,405; Total value: ~$2,280,333.
• Transaction codes: Conversion of derivative security (C) — reported as acquisition of common shares and disposal of the derivative (the note/derivative was converted).
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnote: Focus Impact provided consulting services and loaned funds under two convertible promissory notes; the parties entered a Conversion Agreement to convert all amounts owed into these 2,526,405 common shares at $0.9026/share.
• Filing timeliness: The Form 4 was filed on 2026-03-20 for a 2026-03-13 transaction (filed late relative to the usual 2-business-day Form 4 deadline).

Context

• This was a non-open-market acquisition: debt and/or derivative instruments were converted into shares rather than a market purchase. That increases reported ownership without immediate share purchases on the open market.
• As a 10% owner (institutional/affiliate status), this is not an executive’s routine salary-related trade; it reflects settlement of prior lending/consulting arrangements converted into equity.