DevvStream Corp. (NASDAQ:DEVS) saw its stock jump 31.6% in premarket trading Wednesday following news that the carbon management company has restored compliance with Nasdaq’s minimum bid price rule.
The firm received notification from Nasdaq on August 22, 2025, confirming it met the exchange’s listing standards. Previously, DevvStream’s shares had traded below the $1.00 minimum bid price required by Nasdaq Listing Rule 5550(a)(2) for 30 consecutive trading days, putting its listing status at risk.
According to the company, its common shares closed above $1.00 for more than ten consecutive trading days through August 21, 2025, prompting Nasdaq’s Office of General Counsel to issue a letter verifying the company’s compliance with listing rules.
DevvStream, focused on the development, investment, and sale of environmental assets, can now continue trading on The Nasdaq Capital Market without the threat of potential delisting.
The sharp increase in the stock price reflects investor relief that the company has resolved its listing compliance issues, removing a major uncertainty for shareholders.
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