Sunny Trinh, Co-Founder and CEO of DevvStream Holdings, Inc. (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0) (“DevvStream”), talks with New to The Street’s TV Host Jane King about the Company. As a technological-based ESG (environmental, social, and governance) company that advances the development and monetization of ecological assets, DevvStream provides revenue streams for businesses, organizations, and governmental entities using carbon credits. The Company’s target market is any entity’s activities in lowering energy consumption and carbon emissions. Management looks to fund companies in the renewable energy sectors, energy efficiency industries, and entities that reduce/eliminate CO2 emissions. Every 1MT (Metric Ton) of carbon reduction equates to 1 carbon credit. For every carbon credit generated for a customer, DevvStream receives a % of those credits. The carbon credit market is about $1.16T and expected to be around $2.6T in 2030. Because DevvStream uses technology to reduce carbon emissions in various industries, the carbon footprint reductions are shorter than those of its competitors using natural-based solutions. Planting trees and other natural solutions can take up to 20 years to realize results. Sunny provided a case study of success with a client in the waste-water management business, where DevvStream and its tech partner can reduce up to 83% of carbon output. With over 144 pipeline projects and nine signed contracts, DevvStresan expects continued growth in carbon credits, possibly generating yearly $240M in revenues. A pending S-4 registration statement with the US Securities and Exchange Commission is pending for the Company to merge with Focus Impact Acquisition Corp, a SPAC (Special Purpose Acquisition Company) entity. Once approved, the Company will become the first carbon credit industry listed on the Nasdaq Exchange. Currently, the Company’s common stock trades on the following exchanges – the Canadian CBOE Market, symbol DESG; the US OTCMarket’s OTCQB, symbol DSTRF; and the Frankfurt Exchange, symbol CQ0. The DevvStream platform is unique to developing carbon reduction strategies and other sustainability projects and is a leader in the carbon credit marketplace. The on-screen QR code is available during the show; download or visit DevvStream Holdings, Inc. – https://devvstream.com/.
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