Brief: Devvstream Holdings To List On Nasdaq Via Business Combination With Focus Impact Acquisition Corp.

DevvStream

13/09/2023 11:34

DevvStream Holdings Inc  DESG.NLB :
    * DEVVSTREAM HOLDINGS TO LIST ON NASDAQ VIA BUSINESS
COMBINATION
WITH FOCUS IMPACT ACQUISITION CORP.
    * DEVVSTREAM HOLDINGS INC - IMPLIED ENTERPRISE VALUE OF
DEVVSTREAM
AT CLOSING IS APPROXIMATELY $212.8 MILLION
    * DEVVSTREAM HOLDINGS- COMBINED COMPANY WILL BE LISTED ON
NASDAQ
STOCK EXCHANGE, AND SHARES ARE EXPECTED TO TRADE UNDER TICKER
SYMBOL "DEVS"
    * DEVVSTREAM HOLDINGS - FOLLOWING DEAL, DEVVSTREAM TO
CONTINUE AS
A WHOLLY-OWNED SUBSIDIARY OF FOCUS IMPACT, WHICH WILL BE RENAMED
DEVVSTREAM CORP.
    * DEVVSTREAM HOLDINGS- DEVVSTREAM IS EXPECTED TO DELIST FROM
CBOE
CANADA STOCK EXCHANGE ON CLOSING
    * DEVVSTREAM HOLDINGS INC - DEAL IMPLIES A DEEMED PER SHARE
VALUE
OF C$2.16 FOR DEVVSTREAM'S SUBORDINATE VOTING SHARES

Source text for Eikon:  ID:nGNX10dcMb 
Further company coverage:  DESG.NLB