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

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 reve