<SEC-DOCUMENT>0001062993-24-018617.txt : 20241107
<SEC-HEADER>0001062993-24-018617.hdr.sgml : 20241107
<ACCEPTANCE-DATETIME>20241107171951
ACCESSION NUMBER:		0001062993-24-018617
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241106
FILED AS OF DATE:		20241107
DATE AS OF CHANGE:		20241107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Merkel Chris
		CENTRAL INDEX KEY:			0002037023
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40977
		FILM NUMBER:		241437124

	MAIL ADDRESS:	
		STREET 1:		C/O DEVVSTREAM CORP.
		STREET 2:		2133-1177 W. HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 2K3

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DevvStream Corp.
		CENTRAL INDEX KEY:			0001854480
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTORS, NEC [6799]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2133 - 1177 W. HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 2K3
		BUSINESS PHONE:		647-689-6041

	MAIL ADDRESS:	
		STREET 1:		2133 - 1177 W. HASTINGS STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 2K3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Focus Impact Acquisition Corp.
		DATE OF NAME CHANGE:	20210331
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-11-06</periodOfReport>

    <issuer>
        <issuerCik>0001854480</issuerCik>
        <issuerName>DevvStream Corp.</issuerName>
        <issuerTradingSymbol>FIAC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002037023</rptOwnerCik>
            <rptOwnerName>Merkel Chris</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DEVVSTREAM CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>2133-1177 W. HASTINGS STREET</rptOwnerStreet2>
            <rptOwnerCity>VANCOUVER</rptOwnerCity>
            <rptOwnerState>A1</rptOwnerState>
            <rptOwnerZipCode>V6E 2K3</rptOwnerZipCode>
            <rptOwnerStateDescription>BRITISH COLUMBIA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Operating Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Unit</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-11-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>45880</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>45880</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Unit</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-11-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>23206</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>69086</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Consists of securities acquired in connection with transactions consummated on November 6, 2024 pursuant to that certain Business Combination Agreement, dated September 12, 2023 (as it has been and may be amended, supplemented or otherwise modified from time to time, the &quot;Business Combination Agreement&quot;), by and among DevvStream Corp. (f/k/a Focus Impact Acquisition Corp.) (the &quot;Issuer&quot;), Focus Impact Amalco Sub Ltd., a wholly owned subsidiary of the Issuer (&quot;Amalco Sub&quot;), and DevvStream Holdings Inc. (&quot;DevvStream&quot;), pursuant to which DevvStream and Amalco Sub amalgamated to form one corporate entity (&quot;Amalco&quot;), with Amalco as the surviving company and continuing as a wholly owned subsidiary of the Issuer (the &quot;Business Combination&quot;).</footnote>
        <footnote id="F2">In connection with the closing of the Business Combination, each outstanding restricted stock unit of DevvStream was converted into restricted stock units of the Issuer based on an exchange ratio calculated at closing. Each restricted stock unit represents the right to receive, at settlement, one common share of the Issuer.</footnote>
        <footnote id="F3">Consists of restricted stock units granted on January 17, 2022. 10% of the restricted stock units vested on January 17, 2023 and 15% of the restricted stock units vest every six months thereafter.</footnote>
        <footnote id="F4">Consists of restricted stock units granted on June 6, 2024. 10% of the restricted stock units vest on the six month anniversary of the grant date and 15% of the restricted stock units vest every six months thereafter for a period of 36 months.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Sunny Trinh, Attorney-in-Fact</signatureName>
        <signatureDate>2024-11-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
