ZombieClean Energy
What Happened to DevvStream?
Ticker: DEVSSPAC Year: 2021
Return
-94.0%
Current Price
$0.6
Peak Price
$19.1
Trust Size
$7M
Summary
DevvStream is a technology-driven carbon credit company that generates and manages carbon credits from environmental projects using blockchain-based verification.
What Happened
DevvStream went public through a SPAC merger and operates at the intersection of carbon markets and blockchain technology. The company manages a portfolio of carbon credit generation projects and uses distributed ledger technology for transparent tracking and verification. The stock has struggled significantly with limited revenue and a reverse stock split executed.
Timeline
2021-07-15
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split