Stem, Inc. (STEM) Announces 1:20 Reverse Share Split

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Go back to Stem, Inc. (STEM) Announces 1:20 Reverse Share Split

Stem, Inc. Announces 1-for-20 Reverse Stock Split

June 11, 2025 4:15 PM EDT

HOUSTON--(BUSINESS WIRE)-- Stem, Inc. (NYSE: STEM) (the Company or Stem) today announced that it will implement a 1-for-20 reverse stock split of the issued and outstanding shares of the Company's common stock, effective at 12:01 a.m. Eastern Time on June 23, 2025 (the Effective Time), in order to regain compliance with the minimum average closing price requirement under the rules of the New York Stock Exchange (the NYSE). The Company's common stock is expected to begin trading on a reverse split-adjusted basis as of the opening of trading on June 23, 2025 under the Company's existing trading symbol "STEM... More