DevvStream Holdings Inc. Announces Receipt of Court Approval for the De-SPAC Transaction and Provides Transaction Updates [Yahoo! Finance]
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Focus Impact Acquisition Corp. - Unit (FIACU)
Company Research
Source: Yahoo! Finance
Holdings Inc. (Cboe CA: DESG) (OTCQB: DSTRF) (FSE: CQ0) (" DevvStream " or the " Company ") is pleased to announce that it has received the final order from the British Columbia Supreme Court (the " Final Order ") to approve the previously announced plan of arrangement (the " Arrangement ") with Focus Impact Acquisition Corp. (" FIAC "). Under the terms of the Arrangement, the Company is expected to amalgamate with a wholly-owned subsidiary of FIAC, following FIAC redomiciling as an Alberta Company, with the new combined company to be renamed DevvStream Corp. (the " De-SPAC Transaction "). Further information on the De-SPAC Transaction is disclosed in the Company's prior public disclosure, including the management information circular of the Company dated July 29, 2024. FIAC received approval from its shareholders for the De-SPAC Transaction at a special meeting of FIAC shareholders held on September 13, 2024. The Company and FIAC continue to work together to advance the closing o
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