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DevvStream Corp. (NASDAQ:DEVS) announced Monday that it has entered into a second amendment to its existing purchase agreement with Helena Global Investment Opportunities 1 Ltd., a Cayman Islands exempted company. According to a statement based on a filing with the Securities and Exchange Commission, the amendment increases the commitment amount under the agreement from $40 million to $300 million.
The original purchase agreement was dated October 29, 2024. With this amendment, Helena Global Investment Opportunities 1 Ltd. has agreed to raise its commitment by $260 million, bringing the total commitment amount to $300 million.
DevvStream, an Alberta-based company formerly known as Focus Impact Acquisition Corp., is listed on The Nasdaq Stock Market LLC under the ticker DEVS. The filing did not disclose additional terms or conditions of the amended agreement beyond the increase in the commitment amount.
The amendment was signed by DevvStream’s Chief Financial Officer, David Goertz. Details of the amendment are included as an exhibit to the SEC filing.
This information is based on a press release statement included in the company’s SEC filing.
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