Other Information.
+Added: During the quarter ended October 31, 2025, no director or officer adopted
+Added: or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in
+Added: Item 408(a) of Regulation S-K.
The following exhibits are filed as part of, or incorporated by reference into, this Report on Form 10-Q.
−Removed: Business Combination Agreement, dated as of September 12, 2023, by and among FIAC, Focus Impact Amalco
−Removed: Sub Ltd., and DevvStream Holdings Inc.
−Removed: (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed by FIAC on September 13, 2023).
−Removed: First Amendment to the Business Combination Agreement, dated as of May 1, 2024, by and among FIAC,
−Removed: Focus Impact Amalco Sub Ltd., and DevvStream Holdings Inc.
−Removed: (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed by FIAC on May 2, 2024).
+Added: Business Combination Agreement, dated as of September 12, 2023, by and among FIAC, Focus Impact Amalco Sub Ltd., and DevvStream Holdings Inc.
+Added: (incorporated by reference to Exhibit 2.1 to the Current
+Added: Report on Form 8-K, filed by FIAC on September 13, 2023).
+Added: First Amendment to the Business Combination Agreement, dated as of May 1, 2024, by and among FIAC, Focus Impact Amalco Sub Ltd., and DevvStream Holdings Inc.
+Added: (incorporated by reference to Exhibit
+Added: 2.1 to the Current Report on Form 8-K, filed by FIAC on May 2, 2024).
Amendment No.
−Removed: 2 to Business Combination Agreement, dated as of August 10, 2024, by and among FIAC,
−Removed: Amalco Sub and DevvStream (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed by FIAC on August 12, 2024).
−Removed: Waiver to Certain Business Combination Conditions Precedent, dated October 29, 2024, by and between
−Removed: FIAC, Amalco Sub and DevvStream (incorporated by reference to Exhibit 10.7 to the Current Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Certificate of Continuance of the Company (incorporated by reference to Exhibit 3.1 to the Current
−Removed: Report on Form 8-K, filed by DevvStream on November 13, 2024).
−Removed: By-Laws of the Company (incorporated by reference to Exhibit 3.2 to the Current Report on Form 8-K,
−Removed: filed by New PubCo on November 13, 2024).
−Removed: Specimen Warrant Certificate (incorporated by reference to Exhibit 4.3 to the Registration Statement
−Removed: on Form S-1, filed by FIAC on June 3, 2021).
−Removed: Warrant Agreement, dated November 1, 2021, by and between FIAC and Continental Stock Transfer &
−Removed: Trust Company, as warrant agent (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K, filed by FIAC on November 1, 2021).
−Removed: Specimen Common Stock Certificate of DevvStream Corp (incorporated by reference to Exhibit 4.3 to the
−Removed: Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: 2 to Business Combination Agreement, dated as of August 10, 2024, by and among FIAC, Amalco Sub and DevvStream (incorporated by reference to Exhibit 2.1 to the Current Report on Form
+Added: 8-K, filed by FIAC on August 12, 2024).
+Added: Waiver to Certain Business Combination Conditions Precedent, dated October 29, 2024, by and between FIAC, Amalco Sub and DevvStream (incorporated by reference to Exhibit 10.7 to the Current Report
+Added: on Form 8-K, filed by FIAC on October 30, 2024).
+Added: Merger Agreement, dated as of December 3, 2025, by and among the Company, Southern Energy Renewables, Inc.
+Added: and Sierra Merger Sub, Inc.
+Added: (incorporated by reference to Exhibit 2.1 to the Current Report
+Added: on Form 8-K, filed on December 3, 2025).
+Added: Certificate of Continuance of the Company (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K, filed by DevvStream on November 13, 2024).
+Added: Articles of Amendment (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K, filed by DevvStream on August 7, 2025).
+Added: By-Laws of the Company (incorporated by reference to Exhibit 3.2 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: Specimen Warrant Certificate (incorporated by reference to Exhibit 4.3 to the Registration Statement on Form S-1, filed by FIAC on June 3, 2021).
+Added: Warrant Agreement, dated November 1, 2021, by and between FIAC and Continental Stock Transfer & Trust Company, as warrant agent (incorporated by reference to Exhibit 4.1 to the Current Report on
+Added: Form 8-K, filed by FIAC on November 1, 2021).
+Added: Specimen Common Stock Certificate of DevvStream Corp (incorporated by reference to Exhibit 4.3 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
Strategic Partnership Agreement, dated November 28, 2021, between Devvio, Inc.
−Removed: Streaming, Inc.
−Removed: (incorporated by reference to Exhibit 10.6 to the Registration Statement on Form S-4, filed by FIAC on December 4, 2023).
+Added: and DevvESG Streaming, Inc.
+Added: (incorporated by reference to Exhibit 10.6 to the Registration Statement on Form S-4, filed
+Added: by FIAC on December 4, 2023).
Amendment No.
−Removed: 1 to the Strategic Partnership Agreement, dated November 30, 2021, between Devvio,
+Added: 1 to the Strategic Partnership Agreement, dated November 30, 2021, between Devvio, Inc.
and DevvESG Streaming, Inc.
−Removed: (incorporated by reference to Exhibit 10.7 to the Registration Statement on Form S-4, filed by FIAC on December 4, 2023).
+Added: (incorporated by reference to Exhibit 10.7 to the Registration
+Added: Statement on Form S-4, filed by FIAC on December 4, 2023).
Amendment No.
−Removed: 2 to the Strategic Partnership Agreement, dated September 12, 2023, between Devvio,
+Added: 2 to the Strategic Partnership Agreement, dated September 12, 2023, between Devvio, Inc.
and DevvStream, Inc.
−Removed: (f/k/a DevvESG Streaming, Inc.) (incorporated by reference to Exhibit 10.8 to the Registration Statement on Form S-4, filed by FIAC on December 4, 2023).
+Added: (f/k/a DevvESG Streaming, Inc.) (incorporated by reference to Exhibit 10.8
+Added: to the Registration Statement on Form S-4, filed by FIAC on December 4, 2023).
DevvStream Corp.
−Removed: 2024 Equity Incentive Plan (incorporated by reference to Exhibit 10.4 to the Form
−Removed: 10-Q filed on January 23, 2025).
+Added: 2024 Equity Incentive Plan (incorporated by reference to Exhibit 10.4 to the Form 10-Q filed on January 23, 2025).
Form of DevvStream Corp.
−Removed: Indemnification Agreement (incorporated by reference to Exhibit 10.15 to
−Removed: the Registration Statement on Form S-4, filed by FIAC on July 10, 2024).
+Added: Indemnification Agreement (incorporated by reference to Exhibit 10.15 to the Registration
+Added: Statement on Form S-4, filed by FIAC on March 11 2024).
Amendment No.
1 unchanged sentence
and DevvStream, Inc.
−Removed: (f/k/a DevvESG Streaming, Inc.) (incorporated by reference to Exhibit 10.17 to the Registration Statement on Form S-4, filed by FIAC on July 10, 2024).
−Removed: Sponsor Side Letter, dated as of September 12, 2023, by and among FIAC and Focus Impact Sponsor, LLC
−Removed: (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by FIAC on September 13, 2023).
+Added: (f/k/a DevvESG Streaming, Inc.) (incorporated by reference to Exhibit 10.17 to
+Added: the Registration Statement on Form S-4, filed by FIAC on July 11, 2024).
+Added: Sponsor Side Letter, dated as of September 12, 2023, by and among FIAC and Focus Impact Sponsor, LLC (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by FIAC on
+Added: September 13, 2023).
Amendment No.
−Removed: 1 to the Sponsor Side Letter, dated as of May 1, 2024, by and among FIAC and Focus
−Removed: Impact Sponsor, LLC (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by FIAC on May 2, 2024)
+Added: 1 to the Sponsor Side Letter, dated as of May 1, 2024, by and among FIAC and Focus Impact Sponsor, LLC (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K,
+Added: filed by FIAC on May 2, 2024)
Amendment No.
−Removed: 2 to Sponsor Letter Agreement, dated October 29, 2024, by and between FIAC and the
−Removed: Sponsor (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Contribution and Exchange Agreement, dated October 29, 2024, by and among FIAC, DevvStream and
−Removed: Crestmont (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Form of PIPE Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form
−Removed: 8-K, filed by FIAC on October 29, 2024).
−Removed: Form of Carbon Subscription Agreement (incorporated by reference to Exhibit 10.4 to the Current
−Removed: Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Amended and Restated Registration Rights Agreement, dated November 6, 2024, by and among FIAC, the
−Removed: Sponsor and certain other legacy DevvStream holders (incorporated by reference to Exhibit 10.13 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
−Removed: Registration Rights Agreement, dated October 29, 2024, by and between FIAC and Karbon-X Corp
−Removed: (incorporated by reference to Exhibit 10.5 to the Current Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Form of Company Support & Lock-Up Agreement, by and between FIAC, the Sponsor and certain other
−Removed: legacy DevvStream holders (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K, filed by FIAC on September 13, 2023).
−Removed: Purchase Agreement, dated October 29, 2024, by and between FIAC, Helena Global Investment
−Removed: Opportunities I Ltd.
−Removed: and the Sponsor (incorporated by reference to Exhibit 10.6 to the Current Report on Form 8-K, filed by FIAC on October 29, 2024).
−Removed: Employment Agreement, dated November 6, 2024, between DevvStream Corp.
−Removed: and Sunny Trinh (incorporated
−Removed: by reference to Exhibit 10.17 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: 2 to Sponsor Letter Agreement, dated October 29, 2024, by and between FIAC and the Sponsor (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by FIAC
+Added: on October 30, 2024).
+Added: Contribution and Exchange Agreement, dated October 29, 2024, by and among FIAC, DevvStream and Crestmont (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K, filed by FIAC
+Added: on October 30, 2024).
+Added: Form of PIPE Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K, filed by FIAC on October 30, 2024).
+Added: Form of Carbon Subscription Agreement (incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K, filed by FIAC on October 30, 2024).
+Added: Amended and Restated Registration Rights Agreement, dated November 6, 2024, by and among FIAC, the Sponsor and certain other legacy DevvStream holders (incorporated by reference to Exhibit 10.13 to
+Added: the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: Registration Rights Agreement, dated October 29, 2024, by and between FIAC and Karbon-X Corp (incorporated by reference to Exhibit 10.5 to the Current Report on Form 8-K, filed by FIAC on October
+Added: Form of Company Support & Lock-Up Agreement, by and between FIAC, the Sponsor and certain other legacy DevvStream holders (incorporated by reference to Exhibit 10.2 to the Current Report on Form
+Added: 8-K, filed by FIAC on September 13, 2023).
+Added: Purchase Agreement, dated October 29, 2024, by and between FIAC, Helena Global Investment Opportunities I Ltd.
+Added: and the Sponsor (incorporated by reference to Exhibit 10.6 to the Current Report on
+Added: Form 8-K, filed by FIAC on October 30, 2024).
Employment Agreement, dated November 6, 2024, between DevvStream Corp.
−Removed: and Chris Merkel
−Removed: (incorporated by reference to Exhibit 10.18 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: and Sunny Trinh (incorporated by reference to Exhibit 10.17 to the Current Report on Form 8-K, filed by New PubCo on November
Employment Agreement, dated November 6, 2024, between DevvStream Corp.
−Removed: and Bryan Went (incorporated
−Removed: by reference to Exhibit 10.19 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: and Chris Merkel (incorporated by reference to Exhibit 10.18 to the Current Report on Form 8-K, filed by New PubCo on November
Strategic Consulting Agreement, dated November 13, 2024, by and between DevvStream Corp.
−Removed: Impact Partners, LLC (incorporated by reference to Exhibit 10.20 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
−Removed: Form of New Convertible Note (incorporated by reference to Exhibit 10.21 to the Current Report on
−Removed: Form 8-K, filed by New PubCo on November 13, 2024).
−Removed: Security Agreement, dated December 18, 2024, by and among
−Removed: DevvStream Corp., Focus Impact Sponsor, LLC and Focus Impact Partners, LLC (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by New PubCo on December 19, 2024).
−Removed: Amendment to Contribution and Exchange Agreement.
+Added: and Focus Impact Partners, LLC (incorporated by reference to Exhibit 10.20 to the Current Report on Form 8-K,
+Added: filed by New PubCo on November 13, 2024).
+Added: Form of New Convertible Note (incorporated by reference to Exhibit 10.21 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: Security Agreement, dated December 18, 2024, by and among DevvStream Corp., Focus Impact Sponsor, LLC and Focus Impact Partners, LLC (incorporated by reference to Exhibit 10.1 to the Current Report
+Added: on Form 8-K, filed by New PubCo on December 19, 2024).
+Added: Securities Purchase Agreement (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by on July 22, 2025).
+Added: Form of Note (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K, filed by on July 22, 2025).
+Added: Form of Security Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K, filed by on July 22, 2025).
+Added: Form of Subsidiary Guarantee (incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K, filed by on July 22, 2025).
+Added: Form of Registration Rights Agreement (incorporated by reference to Exhibit 10.5 to the Current Report on Form 8-K, filed by on July 22, 2025).
+Added: Amendment to Rights Agreement (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed by on August 21, 2025).
+Added: Crypto Control Account Agreement (incorporated by reference to Exhibit 10.28 to the Registration Statement on Form S-1/A, on September 30, 2025).
+Added: Master Purchase Agreement (incorporated by reference to Exhibit 10.29 to the Registration Statement on Form S-1/A, on September 30, 2025).
+Added: Custodial Agreement (incorporated by reference to Exhibit 10.30 to the Registration Statement on Form S-1/A, on September 30, 2025).
+Added: Consulting Agreement with FRNT (incorporated by reference to Exhibit 10.31 to the Registration Statement on Form S-1/A, on September 30, 2025).
+Added: Amendment to Securities Purchase Agreement dated October 27, 2025 by and between the Company and Helena Global Investment Opportunities I Ltd.
(incorporated by reference to
−Removed: Exhibit 10.23 to the Form 10-Q filed on April 16, 2025).
−Removed: List of Subsidiaries of DevvStream (incorporated by reference to Exhibit 21.1 to the Current Report
−Removed: on Form 8-K, filed by New PubCo on November 13, 2024).
+Added: Exhibit 10.32 to the Annual Report on Form 10-K, on November 6, 2025).
+Added: Amendment to Promissory Note dated October 27, 2025 by and between the Company and Helena Global Investment Opportunities I Ltd.
+Added: (incorporated by reference to Exhibit 10.33 to
+Added: the Annual Report on Form 10-K, on November 6, 2025).
+Added: Fourth Amendment to Strategic Partnership Agreement, dated October 27, 2025, between Devvio, Inc.
+Added: and DevvStream, Inc.
+Added: (f/k/a DevvESG Streaming, Inc.) (incorporated by reference
+Added: to Exhibit 10.1 to the to the Current Report on Form 8-K, filed by on November 3, 2025).
+Added: Securities Purchase Agreement, dated as of December 3, 2025, by and between the Company and EEME Energy SPV I LLC.
+Added: (incorporated
+Added: by reference to Exhibit 10.1 to the Current Report on Form 8-K, filed on December 3, 2025).
+Added: Registration Rights Agreement, dated as of December 3, 2025, by and between the Company and EEME Energy SPV I LLC.
+Added: (incorporated by reference to Exhibit 10.2 to the Current
+Added: Report on Form 8-K, filed on December 3, 2025).
+Added: Form of Company Support & Lock-Up Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K, filed on December 3, 2025).
+Added: Form of Southern Support & Lock-Up Agreement (incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K, filed on December 3, 2025).
+Added: List of Subsidiaries of DevvStream (incorporated by reference to Exhibit 21.1 to the Current Report on Form 8-K, filed by New PubCo on November 13, 2024).
Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of
11 unchanged sentences
* Filed herewith.
−Removed: ** These certifications are furnished to the SEC pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and are deemed not filed for purposes of Section 18 of the Securities Exchange Act of
−Removed: 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
+Added: ** These certifications are furnished to the SEC pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as
+Added: amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
† Schedules and exhibits to this Exhibit omitted pursuant to Regulation S-K Item 601(b)(2).
−Removed: The Registrant agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request.
+Added: The Registrant agrees to furnish supplementally a copy of any omitted schedule or exhibit to the
+Added: SEC upon request.
+ Indicates management contract or compensatory plan.
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on this
−Removed: 23 rd day of June, 2025.
+Added: Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
+Added: thereunto duly authorized on this 16 th day of December, 2025.
DEVVSTREAM CORP.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.