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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 4)
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DevvStream Corp. (Name of Issuer) |
Common Shares (Title of Class of Securities) |
251936209 (CUSIP Number) |
10/31/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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| Rule 13d-1(c)
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 Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 251936209 |
| 1 | Names of Reporting Persons
Focus Impact Sponsor, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
2,006,851.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
37.9 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person: (1) 2,006,851 Common shares of the issuer (the "Common Shares") includes (i) 557,289 Common Shares held of record by the Reporting Person, (ii) 1,085,504 Common Shares issuable upon the exercise for cash of 1,120,000 private placement warrants held by the Reporting Person, each whole warrant is exercisable for 0.9692 Common Shares upon payment of $15.20 per share or can be exercised on a cashless basis (the "Private Placement Warrants"), as further described in the warrant agreement, dated November 1, 2021, by and between the issuer (as successor of Focus Impact Acquisition Corp.) and Continental Stock Transfer & Trust Company, as warrant agent (the "Warrant Agreement") and publicly filed by the issuer with the U.S. Securities and Exchange Commission (the "SEC"), and (iii) 364,058 Common Shares issuable upon the conversion of Convertible Notes (as defined below) at a floor price of $8.67 per share (subject to adjustment and assuming no conversion of any unpaid and accrued interest under the Convertible Notes). Such Common Shares give effect to the issuer's 1-for-10 reverse stock split of its outstanding Common Shares that was effected on August 8, 2025 (the "Reverse Split").
(2) 37.9% is calculated by using a denominator that is equal to (i) 3,841,642 Common Shares outstanding as of November 25, 2025, as reported in the issuer's Form S-1/A-3 filed with the SEC on November 25, 2025, (ii) 364,058 Common Shares issuable upon the conversion of Convertible Notes (as defined below) at a floor prices of $8.67 per share (subject to adjustment and assuming no conversion of any unpaid and accrued interest under the Convertible Notes), plus (iii) 1,085,504 Common Shares issuable upon an exercise for cash of the 1,120,000 Private Placement Warrants held by the Reporting Person.
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
DevvStream Corp. |
| (b) | Address of issuer's principal executive offices:
2108 N ST., SUITE 4254, SUITE 2800, SACRAMENTO, FLORIDA, 95816 |
| Item 2. | |
| (a) | Name of person filing:
This statement is filed by Focus Impact Sponsor, LLC, referred to herein as the "Reporting Person." |
| (b) | Address or principal business office or, if none, residence:
345 Avenue of the Americas, 33rd Floor
New York, New York 10105 |
| (c) | Citizenship:
See response to Item 4 on the cover page. |
| (d) | Title of class of securities:
Common Shares |
| (e) | CUSIP No.:
251936209 |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
See response to Item 9 on the cover page.
As of the quarter ended October 31, 2025, the Reporting Person is the record holder of the reported securities. 364,058 Common Shares are issuable upon the conversion of Convertible Notes (as defined below) (subject to adjustment and assuming no conversion of any unpaid and accrued interest under the Convertible Notes). The Convertible Notes principal loan amount and any additional accrued and unpaid interest under the Convertible Notes are convertible into Common Shares at a 25% discount to the issuer's 20-day volume weighted average share price, subject to a at a floor prices of $8.67 per share. Certain terms of the Private Placement Warrants, such as the exercise price, have been adjusted by the issuer following the closing of the business combination of Focus Impact Acquisition Corp. and DevvStream Holdings Inc. on November 6, 2024 and as described in more details in the Warrant Adjustment Notice issued by the issuer on December 6, 2024. The Private Placement Warrants are not redeemable by the issuer and expire November 6, 2029.
Such Common Shares give effect to the issuers 1-for-10 Reverse Split.
There are four managers on the Reporting Person's board of managers. Each manager has one vote, and the approval of a majority is required to approve an action of the Reporting Person. As such, each manager disclaims beneficial ownership of the reported securities and the filing of this statement shall not be construed as an admission that the Reporting Person or any manager is the beneficial owner of any securities covered by this statement. |
| (b) | Percent of class:
See response to Item 11 on the cover page. |
| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
See response to Item 5 on the cover page
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| (ii) Shared power to vote or to direct the vote:
See response to Item 6 on the cover page
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| (iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on the cover page
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| (iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on the cover page
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
Not Applicable
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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