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DevvStream ( (DEVS) ) has provided an update.
On August 7, 2025, DevvStream Corp. announced a one-for-ten reverse stock split of its Common Shares, effective August 8, 2025, to raise the per-share bid price above $1.00 and regain compliance with Nasdaq listing requirements. The reverse stock split will reduce the number of outstanding shares from 35,416,734 to approximately 3,541,673, with no fractional shares issued, and is expected to maintain shareholders’ relative ownership interests.
More about DevvStream
Founded in 2021, DevvStream is a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The company aims to align sustainability with profitability, operating across three strategic domains: offset portfolio, project investment and acquisitions, and project development.
Average Trading Volume: 16,739,099
Technical Sentiment Signal: Sell
Current Market Cap: $11.46M
For an in-depth examination of DEVS stock, go to TipRanks’ Overview page.