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DevvStream secures $6 million investment, terminates $300 million credit line

Thu, 04 Jun 2026 08:01:02 -0400

DevvStream Corp. (NASDAQ: DEVS) announced a $6 million private placement investment from EEME Energy SPV I, LLC through preferred stock, with $1.5 million already funded. The carbon management company also gave notice to terminate its $300 million equity line of credit agreement.

The investment involves Series A Non-Redeemable Convertible Preferred Stock with no maturity date, mandatory redemption, or repurchase obligation. DevvStream plans to use $5 million of the proceeds to fund its investment in Southern Energy Renewables, Inc. and $1 million for working capital, according to the company's statement.

The preferred stock converts to common shares based on a five-day volume-weighted average

DevvStream secures $6 million investment, terminates $300 million credit line

Thu, 04 Jun 2026 08:01:02 -0400

The preferred stock converts to common shares based on a five-day volume-weighted average

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

CALGARY, Alberta--(BUSINESS WIRE)-- 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

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit

Thu, 04 Jun 2026 08:00:00 -0400

$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation

XCF Global completes refinery upgrades, receives catalyst at Reno facility

Mon, 01 Jun 2026 06:32:34 -0400

XCF Global Inc. (NASDAQ: SAFX) announced the delivery of process catalyst to its New Rise Renewables Reno refinery, completing key upgrades ahead of expected commercial production operations.

The company stated that catalyst loading initiates the final sequencing phase as the facility transitions from commissioning toward commercial production. XCF expects production to begin in early June 2026, subject to final commissioning activities and standard start-up procedures.

The completed upgrade work includes catalyst replacement, equipment enhancements, and heat exchange improvements designed to support operational stability and fuel quality objectives, according to the company's statement.

"The successful delivery and receipt of our process catalyst at New

XCF Global Announces Completion of Key Upgrades and Receipt of Process Catalyst at New Rise Reno Ahead of Expected Commercial Production

Mon, 01 Jun 2026 06:30:00 -0400

Key refinery upgrades completed and process catalyst successfully delivered to New Rise Reno, marking a pivotal operational milestone
Catalyst loading initiates the final sequencing phase as the facility advances from commissioning toward expected commercial production operations
XCF remains on schedule for an expected early June 2026 production start, bringing the facility one step closer to fuel production and becoming a revenue-generating asset

HOUSTON, TX / ACCESS Newswire / June 1, 2026 / XCF Global Inc. ("XCF") (NASDAQ:SAFX), an emerging U.S.-based producer of renewable diesel and sustainable aviation fuel ("SAF"), today announced the successful

XCF Global Announces Completion of Key Upgrades and Receipt of Process Catalyst at New Rise Reno Ahead of Expected Commercial Production

Mon, 01 Jun 2026 06:30:00 -0400

Key refinery upgrades completed and process catalyst successfully delivered to New Rise Reno, marking a pivotal operational milestone
Catalyst loading initiates the final sequencing phase as the facility advances from commissioning toward expected commercial production operations
XCF remains on schedule for an expected early June 2026 production start, bringing the facility one step closer to fuel production and becoming a revenue-generating asset

DevvStream, XCF Global, and Southern Energy Renewables Confirm Three-Party Business Combination Remains on Track

Fri, 29 May 2026 09:15:00 -0400