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DevvStream ( (DEVS) ) just unveiled an announcement.
DevvStream Corp. has announced a securities purchase agreement for up to $300 million in senior secured convertible notes, with an initial $10 million funding completed. This initiative aims to build a blockchain-based treasury and launch a tokenization platform for sustainability-linked infrastructure, enhancing capital efficiency and reducing reliance on equity financing. The strategy is expected to generate multiple revenue streams and attract global investors into the carbon ecosystem.
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 operates across three strategic domains: an offset portfolio for emissions reduction, project investment and acquisitions, and project development for renewable energy and EV charging.
Average Trading Volume: 18,310,817
Technical Sentiment Signal: Sell
Current Market Cap: $14.52M
See more insights into DEVS stock on TipRanks’ Stock Analysis page.