DevvStream Reduces Debt by $5.9 Million, Secures Additional $700,000 Loan

DevvStream Corp. reduced approximately $5.9 million of outstanding debt, thanks to a combination of debt-to-equity conversions and debt repayment from key strategic partners. Focus Impact Partners converted 5.3% convertible notes into equity at a 12.9% premium to the Company's closing share price, while Helena Partners released $1.2 million from the cash collateral account and provided a $700,000, 0% interest loan to support working capital needs. These transactions improve DevvStream's balance sheet and position the Company to execute on its strategy.