DEVS - Dividend announcements

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation Headline of release should read: DevvStream Announces $6 Million Equity Investment From EEME Energy, No Additional Share Issuances Expected Prior to Merger; Gives Notice to Terminate $300 Million Equity Line of Credit (instead of DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit) The updated release reads: DEVVSTREAM ANNOUNCES $6 MILLION EQUITY INVESTMENT FROM EEME ENERGY, NO ADDITIONAL SHARE ISSUANCES EXPECTED PRIOR TO MERGER; GIVES NOTICE TO TERMINATE $300 MILLION EQUITY LINE OF C

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation DevvStream Corp. (NASDAQ:DEVS) ("DevvStream" or the "Company") today announced that it has entered into a binding term sheet with EEME Energy SPV I, LLC ("EEME") for a $6.0 million private placement of the Company's Series A Non-Redeemable Convertible Preferred Stock. EEME has already funded $1.5 million of the investment. The Company also announced that it has given notice to terminate its equity line of credit purchase agreement, under which up to $300 million of common shares could have been issued and sold over time, simplifying the Company's capital structure