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Investing.com -- DevvStream Corp. (NASDAQ:DEVS) stock surged 31.6% in premarket trade Wednesday after the carbon management firm announced it has regained compliance with Nasdaq’s minimum bid price requirement.
The company received notification from Nasdaq on August 22, 2025, confirming that it had successfully met the exchange’s listing standards. DevvStream’s shares had previously fallen below the $1.00 minimum bid price required by Nasdaq Listing Rule 5550(a)(2) for 30 consecutive trading days, putting its listing status at risk.
According to the company’s announcement, DevvStream’s common shares closed above the $1.00 threshold for more than ten consecutive trading days through August 21, 2025. This sustained price recovery prompted Nasdaq’s Office of General Counsel to issue a letter confirming the company’s compliance with listing requirements.
DevvStream, which specializes in the development, investment, and sale of environmental assets, can now continue trading on The Nasdaq Capital Market without the cloud of a potential delisting hanging over its shares.
The significant stock price jump reflects investor relief that the company has resolved its listing compliance issues, removing a major uncertainty for shareholders.
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