{"filing":{"accession_number":"0001140361-26-023907","cik":"0001854480","ticker":"DEVS","company_name":"DevvStream Corp.","form":"8-K","filing_date":"2026-06-03","report_date":null,"primary_document":"ef20075535_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1854480/000114036126023907/ef20075535_8k.htm"},"events":[{"id":7116,"run_id":6243,"accession_number":"0001140361-26-023907","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"DevvStream entered into a binding term sheet for a $6,000,000 private placement of Series A Non-Redeemable Convertible Preferred Stock with EEME Energy SPV I, LLC, convertible into common stock at the holder's option with conversion pricing tied to XCF Global's stock price or the Company's own stock price post-BCA.","company_name":"DevvStream Corp.","ticker":"DEVS","filing_date":"2026-06-03","form":"8-K","submitted_at":null,"items":[{"id":3912,"accession_number":"0001140361-26-023907","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"DevvStream entered into a binding term sheet for a $6,000,000 private placement of Series A Non-Redeemable Convertible Preferred Stock with EEME Energy SPV I, LLC. The security is convertible into common stock at the holder's option, with conversion pricing tied to XCF Global's stock price or the Company's own stock price post-BCA. This is a dilutive equity issuance that raises capital through convertible preferred stock, a classic PIPE-like structure. The $6M investment amount and conversion mechanics make this material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:20:17.496425+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7117,"run_id":6243,"accession_number":"0001140361-26-023907","anchor_item_number":"2.04","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Helena Global Investment Opportunities 1 Ltd. asserted an Event of Default under the Company's $10 million senior secured convertible promissory note based on failure to achieve an effective Form S-1 registration by the deadline, with Helena claiming approximately $4.5 million is immediately payable and exercising control rights over ~$2.8 million in digital asset collateral.","company_name":"DevvStream Corp.","ticker":"DEVS","filing_date":"2026-06-03","form":"8-K","submitted_at":null,"items":[{"id":3913,"accession_number":"0001140361-26-023907","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Helena Global Investment Opportunities 1 Ltd. asserted an Event of Default under the Company's $10 million senior secured convertible promissory note based on failure to achieve an effective Form S-1 registration by the deadline. This triggering event has accelerated a direct financial obligation: Helena claims approximately $4.5 million is immediately payable and has exercised control rights over ~$2.8 million in digital asset collateral (Bitcoin, Solana, and USD), demonstrating a material covenant breach that increases the Company's direct financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:20:17.496425+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3912,"accession_number":"0001140361-26-023907","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"DevvStream entered into a binding term sheet for a $6,000,000 private placement of Series A Non-Redeemable Convertible Preferred Stock with EEME Energy SPV I, LLC. The security is convertible into common stock at the holder's option, with conversion pricing tied to XCF Global's stock price or the Company's own stock price post-BCA. This is a dilutive equity issuance that raises capital through convertible preferred stock, a classic PIPE-like structure. The $6M investment amount and conversion mechanics make this material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:20:17.496425+00:00","company_name":"DevvStream Corp.","ticker":"DEVS","filing_date":"2026-06-03"},{"id":3913,"accession_number":"0001140361-26-023907","item_number":"2.04","item_title":"Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Helena Global Investment Opportunities 1 Ltd. asserted an Event of Default under the Company's $10 million senior secured convertible promissory note based on failure to achieve an effective Form S-1 registration by the deadline. This triggering event has accelerated a direct financial obligation: Helena claims approximately $4.5 million is immediately payable and has exercised control rights over ~$2.8 million in digital asset collateral (Bitcoin, Solana, and USD), demonstrating a material covenant breach that increases the Company's direct financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-04T02:20:17.496425+00:00","company_name":"DevvStream Corp.","ticker":"DEVS","filing_date":"2026-06-03"}]}