FIAC

DevvStream and Focus Impact Acquisition Corp. Announce Filing of Registration Statement on Form S-4 in Connection with Proposed Business Combination

Retrieved on: 
Monday, December 11, 2023

The Registration Statement contains a preliminary proxy statement/prospectus in connection with the proposed business combination between DevvStream and Focus Impact (the “Business Combination”).

Key Points: 
  • The Registration Statement contains a preliminary proxy statement/prospectus in connection with the proposed business combination between DevvStream and Focus Impact (the “Business Combination”).
  • While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about DevvStream, Focus Impact, and the Business Combination.
  • The Business Combination is currently expected to close in the second quarter of 2024, subject to the satisfaction of closing conditions under the Business Combination Agreement, dated as of September 12, 2023, by and among Focus Impact, Focus Impact Amalco Sub Ltd. and DevvStream.
  • Upon completion of the Business Combination, the combined company will operate as DevvStream and is expected to be listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the ticker "DEVS”.

Focus Impact Partners Announces Acquisition of Sponsor Interest in Crixus BH3 Acquisition Company

Retrieved on: 
Wednesday, November 8, 2023

Focus Impact Partners, LLC (“Focus Impact”), a leading private investment firm focused on investing in socially forward companies, today announced that it had completed the previously announced acquisition of a majority of the sponsor shares and private placement warrants of Crixus BH3 Acquisition Company, a special purpose acquisition company (NASDAQ: BHAC).

Key Points: 
  • Focus Impact Partners, LLC (“Focus Impact”), a leading private investment firm focused on investing in socially forward companies, today announced that it had completed the previously announced acquisition of a majority of the sponsor shares and private placement warrants of Crixus BH3 Acquisition Company, a special purpose acquisition company (NASDAQ: BHAC).
  • Following the acquisition, the company was renamed Focus Impact BH3 Acquisition Company (“Focus Impact BH3”).
  • Focus Impact BH3 joins Focus Impact Acquisition Corp. (“FIAC”) (NASDAQ: FIAC) as the second special purpose acquisition company controlled by Focus Impact, with each focused on finding a socially forward company as a business combination target.
  • Wray Thorn, Co-Founder and Partner of Focus Impact, stated, “We are excited with the addition of Focus Impact BH3 to our portfolio of investment vehicles.

DevvStream Reaches Key Milestone Toward Nasdaq Listing

Retrieved on: 
Tuesday, October 24, 2023

The Transaction values DevvStream at an implied enterprise value of approximately $212.8 million, representing an equity value of C$2.16 per DevvStream subordinate voting share prior to closing.

Key Points: 
  • The Transaction values DevvStream at an implied enterprise value of approximately $212.8 million, representing an equity value of C$2.16 per DevvStream subordinate voting share prior to closing.
  • The Business Combination is expected to be completed by early Q1 2024, subject to the satisfaction of closing conditions under the Business Combination Agreement.
  • Learn more about the Company’s progress by joining a live webinar presented by DevvStream and Focus Impact on Thursday, October 26th at 9:30am PT / 12:30pm ET.
  • “Since DevvStream and Focus Impact agreed to merge, the transaction has proceeded smoothly and efficiently,” said Sunny Trinh, CEO of DevvStream.

DevvStream and Focus Impact to Present Business Combination Overview

Retrieved on: 
Wednesday, October 18, 2023

VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- DevvStream Holdings Inc. (“DevvStream” or the “Company”) (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, is pleased to announce that the Company will be presenting a live update with Focus Impact Acquisition Corp (“Focus Impact”) (NASDAQ: FIAC) on Thursday, October 26th at 9:30am PT / 12:30pm ET.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- DevvStream Holdings Inc. (“DevvStream” or the “Company”) (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, is pleased to announce that the Company will be presenting a live update with Focus Impact Acquisition Corp (“Focus Impact”) (NASDAQ: FIAC) on Thursday, October 26th at 9:30am PT / 12:30pm ET.
  • The event will highlight details of the recent definitive business combination agreement between DevvStream and Focus Impact, as announced on September 13th, 2023 .
  • The webinar will be hosted by Focus Communications Investor Relations ("FCIR") and Cory Fleck of the Korelin Report.
  • Participants are encouraged to submit any questions for the Company prior to the event by emailing FCIR at [email protected].

Artmarket.com: an analysis by Artprice of the Marcel Duchamp Prize awarded by ADIAF, reinvigorating dynamism in the French contemporary art scene on an international scale

Retrieved on: 
Monday, October 2, 2023

Its mission was quite simply to rescue French art by generating an environment more conducive to the emergence of French artists in what was then a very delicate context for the French Contemporary art market.

Key Points: 
  • Its mission was quite simply to rescue French art by generating an environment more conducive to the emergence of French artists in what was then a very delicate context for the French Contemporary art market.
  • thierry Ehrmann
    Every year, the Marcel Duchamp Prize highlights French artists or artists working in France during the FIAC, now Paris+ by Art Basel.
  • Indeed, beyond the allocation of a prize and the one-off exhibition, the Marcel Duchamp Prize aims to be a complete system of support for artists in their careers.
  • It is difficult to assess the immediate impact of winning the Marcel Duchamp Prize on the artists' market prices.

Artmarket.com: an analysis by Artprice of the Marcel Duchamp Prize awarded by ADIAF, reinvigorating dynamism in the French contemporary art scene on an international scale

Retrieved on: 
Monday, October 2, 2023

Its mission was quite simply to rescue French art by generating an environment more conducive to the emergence of French artists in what was then a very delicate context for the French Contemporary art market.

Key Points: 
  • Its mission was quite simply to rescue French art by generating an environment more conducive to the emergence of French artists in what was then a very delicate context for the French Contemporary art market.
  • thierry Ehrmann
    Every year, the Marcel Duchamp Prize highlights French artists or artists working in France during the FIAC, now Paris+ by Art Basel.
  • Indeed, beyond the allocation of a prize and the one-off exhibition, the Marcel Duchamp Prize aims to be a complete system of support for artists in their careers.
  • It is difficult to assess the immediate impact of winning the Marcel Duchamp Prize on the artists' market prices.

Artmarket.com: France obtains the maintenance of VAT at the reduced rate of 5.5% on the Art Market, a major victory with very considerable advantages according to Artprice.

Retrieved on: 
Monday, September 25, 2023

Over recent years France has been accumulating a number of very positive signals for the re-emergence of its art market.

Key Points: 
  • Over recent years France has been accumulating a number of very positive signals for the re-emergence of its art market.
  • Since Brexit, the French art market has been the main beneficiary being the main gateway to the European Union.
  • Read Artprice by Artmarket reports on the art market: https://www.artprice.com/artprice-reports/the-art-market-in-2022
    Despite Brexit, the United Kingdom still accounts for 17% of global art auction turnover with 5% VAT.
  • Today, France can rest assured that the World Leader in Art Market Information, Artprice.com by Artmarket, will remain in France.

Artmarket.com: France obtains the maintenance of VAT at the reduced rate of 5.5% on the Art Market, a major victory with very considerable advantages according to Artprice.

Retrieved on: 
Monday, September 25, 2023

Over recent years France has been accumulating a number of very positive signals for the re-emergence of its art market.

Key Points: 
  • Over recent years France has been accumulating a number of very positive signals for the re-emergence of its art market.
  • Since Brexit, the French art market has been the main beneficiary being the main gateway to the European Union.
  • Read Artprice by Artmarket reports on the art market: https://www.artprice.com/artprice-reports/the-art-market-in-2022
    Despite Brexit, the United Kingdom still accounts for 17% of global art auction turnover with 5% VAT.
  • Today, France can rest assured that the World Leader in Art Market Information, Artprice.com by Artmarket, will remain in France.

DevvStream Holdings to List on Nasdaq Via Business Combination with Focus Impact Acquisition Corp.

Retrieved on: 
Wednesday, September 13, 2023

VANCOUVER, British Columbia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- DevvStream Holdings Inc. (“DevvStream” or the “Company”) (NEO: DESG) (OTC: DSTRF) (FSE: CQ0) and Focus Impact Acquisition Corp. (“Focus Impact” or “FIAC”) (NASDAQ: FIAC) today announced that they have entered into a definitive Business Combination Agreement (the “Business Combination Agreement”) for a business combination (the “Transaction” or the “Business Combination”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- DevvStream Holdings Inc. (“DevvStream” or the “Company”) (NEO: DESG) (OTC: DSTRF) (FSE: CQ0) and Focus Impact Acquisition Corp. (“Focus Impact” or “FIAC”) (NASDAQ: FIAC) today announced that they have entered into a definitive Business Combination Agreement (the “Business Combination Agreement”) for a business combination (the “Transaction” or the “Business Combination”).
  • Focus Impact is a special purpose acquisition corporation focused on amplifying social impact through the pursuit of a merger or business combination with socially forward companies.
  • The Transaction is structured as an amalgamation of DevvStream into a wholly owned subsidiary of Focus Impact, following Focus Impact’s redomiciling as an Alberta company.
  • Focus Impact will be renamed DevvStream Corp. (the “Combined Company”) and continue the business of DevvStream following the amalgamation.

Artmarket.com: the Paris+ art fair will boost the French art market; Artprice congratulates Mimosa Echard, winner of the 2022 Marcel Duchamp Prize

Retrieved on: 
Tuesday, October 18, 2022

This is why we are very proud with Artmarket.com to support the ADIAF ((Association for the International Dissemination of French Art) and the Marcel Duchamp prize".

Key Points: 
  • This is why we are very proud with Artmarket.com to support the ADIAF ((Association for the International Dissemination of French Art) and the Marcel Duchamp prize".
  • Artprice is proud to support this initiative and congratulates the 2022 winner, Mimosa Echard.
  • During the week of 17-23 October, Artprice has identified no less than twenty Fine Art auction sales in the French capital.
  • Artprice by Artmarket's latest Ultra-Contemporary Art Market Report highlights the difficulties France faces when it comes to nurturing its own Contemporary art scene.