{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-07T07:16:59.648804+00:00","company":{"ticker":"STEM","cik":1758766,"company_name":"STEM, INC."},"pagination":{"limit":100,"returned":32,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"shareholder_vote","fact_key":"74d6730e8538b0a4672779ce8ecb3f66aff05e79","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-06-03T20:29:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-03","outcome":"passed","proposal_text":"Ratification of RSM US LLP as independent auditor for fiscal year ending December 31, 2026","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"—","subject":null,"votes_abstain":"52,846","votes_against":"148,533","votes_for":"4,330,718","votes_withheld":null}]},"claim":"STEM, INC. shareholders approved Ratification of RSM US LLP as independent auditor for fiscal year ending December 31, 2026 at the 2026-06-03 meeting.","evidence_excerpt":"Proposal 4 – Ratification of RSM US LLP as the Company’s Independent Auditor for 2026 . Stockholders ratified the selection of RSM US LLP as the Company’s independent auditor for the fiscal year ending December 31, 2026, by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 4,330,718 148,533 52,846 —","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000059","anchor_url":"https://secwatch.observer/filing/0001758766-26-000059#claim-74d6730e8538b0a4672779ce8ecb3f66aff05e79","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000059/0001758766-26-000059-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3369aede21b076fbc4d8d89425e3f1150fe791c3","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-06-03T20:29:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-03","outcome":"passed","proposal_text":"Non-binding, advisory approval of the compensation of the Company's named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,489,327","subject":null,"votes_abstain":"22,507","votes_against":"128,692","votes_for":"1,891,571","votes_withheld":null}]},"claim":"STEM, INC. shareholders approved Non-binding, advisory approval of the compensation of the Company's named executive officers at the 2026-06-03 meeting.","evidence_excerpt":"Proposal 3 – Non-Binding, Advisory Approval of the Compensation of the Company’s Named Executive Officers . Stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 1,891,571 128,692 22,507 2,489,327","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000059","anchor_url":"https://secwatch.observer/filing/0001758766-26-000059#claim-3369aede21b076fbc4d8d89425e3f1150fe791c3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000059/0001758766-26-000059-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e27046e189340a4cb727c4255e5f712338c44d15","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-06-03T20:29:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-03","outcome":"passed","proposal_text":"Approval of amendment and restatement of Amended and Restated Stem, Inc. 2024 Equity Incentive Plan to increase shares by 425,000 and extend term","proposal_type":"equity_plan","results":[{"broker_non_votes":"2,489,327","subject":null,"votes_abstain":"9,361","votes_against":"387,942","votes_for":"1,645,467","votes_withheld":null}]},"claim":"STEM, INC. shareholders approved Approval of amendment and restatement of Amended and Restated Stem, Inc. 2024 Equity Incentive Plan to increase shares by 425,000 and extend term at the 2026-06-03 meeting.","evidence_excerpt":"Proposal 2 – Approval of an Amendment and Restatement of the Plan . Stockholders approved the amendment and restatement of the Plan by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 1,645,467 387,942 9,361 2,489,327","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000059","anchor_url":"https://secwatch.observer/filing/0001758766-26-000059#claim-e27046e189340a4cb727c4255e5f712338c44d15","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000059/0001758766-26-000059-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8d83c7d7d91fba14a3a568069c56f82fd203c7bd","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-06-03T20:29:49+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-03","outcome":"passed","proposal_text":"Election of three Class II director nominees to serve until 2029 Annual Meeting","proposal_type":"director_election","results":[{"broker_non_votes":"2,489,327","subject":"Ira Birns","votes_abstain":null,"votes_against":null,"votes_for":"1,977,507","votes_withheld":"65,263"},{"broker_non_votes":"2,489,327","subject":"Adam E. Daley","votes_abstain":null,"votes_against":null,"votes_for":"1,852,248","votes_withheld":"190,522"},{"broker_non_votes":"2,489,327","subject":"Anil Tammineedi","votes_abstain":null,"votes_against":null,"votes_for":"1,827,044","votes_withheld":"215,726"}]},"claim":"STEM, INC. shareholders approved Election of three Class II director nominees to serve until 2029 Annual Meeting at the 2026-06-03 meeting.","evidence_excerpt":"Proposal 1 – Election of Directors . All of the Class II director nominees were elected to serve until the 2029 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified, by the following votes: Name Votes For Votes Withheld Broker Non-Votes Ira Birns 1,977,507 65,263 2,489,327 Adam E. Daley 1,852,248 190,522 2,489,327 Anil Tammineedi 1,827,044 215,726 2,489,327","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000059","anchor_url":"https://secwatch.observer/filing/0001758766-26-000059#claim-8d83c7d7d91fba14a3a568069c56f82fd203c7bd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000059/0001758766-26-000059-index.htm"},{"fact_type":"earnings_release","fact_key":"c2eb2d47d7a8dcdac5bb3b83bb0a127e2726b57d","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$18.9 million","period_text":"the quarter ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":"$29.0 million"},"claim":"STEM, INC. reported the quarter ended March 31, 2026 results: revenue $29.0 million, net income $18.9 million. Guidance reaffirmed.","evidence_excerpt":"a global leader reimagining technology to support the energy transition, announced today its results for the quarter ended March 31, 2026. Financial Highlights • Revenue of $29.0 million, down 11% from $32.5 million in 1Q25 • Software, services, and edge hardware revenue of $29.0 million, up 4% from $28.0 million in 1Q25 • GAAP gross profit of $10.9 million, up","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000043","anchor_url":"https://secwatch.observer/filing/0001758766-26-000043#claim-c2eb2d47d7a8dcdac5bb3b83bb0a127e2726b57d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000043/0001758766-26-000043-index.htm"},{"fact_type":"auditor_change","fact_key":"49f34697297ab59b34e1d3f22ccbac3cbe9b8f20","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-03-17T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"RSM US LLP","disagreement_text":null,"effective_date":"2026-03-12","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"STEM, INC. engaged RSM US LLP as its auditor.","evidence_excerpt":"(b) On March 12, 2026, the Audit Committee of the Board approved the engagement of RSM US LLP (“ RSM ”) as the Company’s new independent registered public accounting firm, beginning with the review of the Company’s financial statements for the quarter ending March 31, 2026, and including the audit of the Company’s consolidated financial statements for the fiscal year ending December 31, 2026.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000031","anchor_url":"https://secwatch.observer/filing/0001758766-26-000031#claim-49f34697297ab59b34e1d3f22ccbac3cbe9b8f20","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000031/0001758766-26-000031-index.htm"},{"fact_type":"auditor_change","fact_key":"a567b87195a1e5b1f23184a126ef5f90e61dc276","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2026-03-17T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"Deloitte & Touche LLP","disagreement_text":null,"effective_date":"2026-03-12","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":"RSM US LLP"},"claim":"STEM, INC. dismissed Deloitte & Touche LLP as its auditor.","evidence_excerpt":"(the “ Company ”) approved the dismissal of Deloitte & Touche LLP (“ Deloitte ”) as the Company’s independent registered public accounting firm.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-26-000031","anchor_url":"https://secwatch.observer/filing/0001758766-26-000031#claim-a567b87195a1e5b1f23184a126ef5f90e61dc276","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000031/0001758766-26-000031-index.htm"},{"fact_type":"governance_change","fact_key":"201e89d84c006e02f87f988c1ae3370464bcf255","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-10-16T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-10-15","item_codes_triggered":["5.03"],"summary_text":"Reduced quorum requirement for stockholder meetings from a majority to one-third of voting power"},"claim":"STEM, INC.: Reduced quorum requirement for stockholder meetings from a majority to one-third of voting power (effective 2025-10-15).","evidence_excerpt":"On October 15, 2025, the Board of Directors of Stem, Inc. (the “Company”) approved an amendment (the “Amendment”) to the Company’s Amended and Restated Bylaws (the “Bylaws”) that reduced the quorum required for the transaction of business at stockholder meetings from (i) a majority of the voting power of the stock outstanding and entitled to vote at the meeting, to (ii) one-third of the voting power of the stock outstanding and entitled to vote at the meeting.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001758766-25-000061","anchor_url":"https://secwatch.observer/filing/0001758766-25-000061#claim-201e89d84c006e02f87f988c1ae3370464bcf255","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876625000061/0001758766-25-000061-index.htm"},{"fact_type":"debt_financing","fact_key":"495a33301f0c035be39e0d2b1098ecb4392054d1","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-06-30T23:59:59+00:00","payload":{"counterparty":"U.S. Bank Trust Company, National Association","effective_date":"2025-06-30","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"12.00% per annum on the principal amount thereof if interest is paid in kind, su","item_codes_triggered":["2.03"],"maturity_text":"the earlier of (a) December 30, 2030, (b) the date, if any, on or after June 30, 2028 on which (x) the aggregate principal amount of the 2028 Convertible Notes","principal_text":"$155,426,583"},"claim":"STEM, INC. incurred senior notes of $155,426,583 with U.S. Bank Trust Company, National Association at 12.00% per annum on the principal amount thereof if interest is paid in kind, su maturing the earlier of (a) December 30, 2030, (b) the date, if any, on or after June 30, 2028 on which (x) the aggregate principal amount of the 2028 Convertible Notes.","evidence_excerpt":"to exchange (the “Exchange”) (i) $228,818,000 principal amount of the 2028 Convertible Notes and (ii) $121,310,000 principal amount of the 2030 Convertible Notes (clauses (i) and (ii) together, the “Exchanged Notes”) and (iii) $10,000,000 of cash, less amounts in lieu of fractional notes, for (a) $155,426,583 in aggregate principal amount of the Company’s new 12.00%/11.00% Senior Secured PIK Toggle Notes due 2030 (the “New Notes”), (b) Warrants (the “Warrants”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-152073","anchor_url":"https://secwatch.observer/filing/0001193125-25-152073#claim-495a33301f0c035be39e0d2b1098ecb4392054d1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000119312525152073/0001193125-25-152073-index.htm"},{"fact_type":"governance_change","fact_key":"c76357130468f1b2a8d9a81e8f20b35c8ea4b683","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-06-16T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-06-23","item_codes_triggered":["5.03"],"summary_text":"Filed an amendment to the Second Amended and Restated Certificate of 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The Plan will reduce the Company’s global full-time workforce by approximately 27%. The Company estimates the total cash expenditures associated with the Plan to be approximately $6.0 million to $6.5 million, primarily consisting of severance payments, notice period payments in applicable jurisdictions, employee benefits and related costs.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-079764","anchor_url":"https://secwatch.observer/filing/0001193125-25-079764#claim-9ccae90cb95795606897ec8e83d04c4fd1d235c1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000119312525079764/0001193125-25-079764-index.htm"},{"fact_type":"executive_change","fact_key":"17db3f11e0","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-03-18T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-03-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Vasudevan (Vasu) Guruswamy was appointed as Director at STEM, INC..","evidence_excerpt":"appointed (i) Mr. Krishna Shivram to the Board as a Class I director and (ii) Mr. Vasudevan (Vasu) Guruswamy to the Board as a Class III director, both effective March 17, 2025.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001193125-25-056217","anchor_url":"https://secwatch.observer/filing/0001193125-25-056217#claim-17db3f11e0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000119312525056217/0001193125-25-056217-index.htm"},{"fact_type":"executive_change","fact_key":"a9f7eb4d1d","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-03-18T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-03-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Krishna Shivram was appointed as Director at STEM, INC..","evidence_excerpt":"appointed (i) Mr. Krishna Shivram to the Board as a Class I director and (ii) Mr. Vasudevan (Vasu) Guruswamy to the Board as a Class III director, both effective March 17, 2025.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001193125-25-056217","anchor_url":"https://secwatch.observer/filing/0001193125-25-056217#claim-a9f7eb4d1d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000119312525056217/0001193125-25-056217-index.htm"},{"fact_type":"executive_change","fact_key":"bc41ddf8bb","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-03-07T23:59:59+00:00","payload":{"action":"assumed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2025-03-06","interim":false,"role":"President, Managed Services","role_category":"president","successor_name":null,"successor_named":false},"claim":"Michael Carlson changed role as President, Managed Services at STEM, INC..","evidence_excerpt":"Effective March 6, 2025, Michael Carlson, formerly the Company’s Chief Operating Officer, has changed roles and assumed the position of President, Managed Services.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-25-049919","anchor_url":"https://secwatch.observer/filing/0001193125-25-049919#claim-bc41ddf8bb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1758766/000119312525049919/0001193125-25-049919-index.htm"},{"fact_type":"executive_change","fact_key":"9d82007400","cik":1758766,"ticker":"STEM","company_name":"STEM, INC.","filed_at":"2025-02-25T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-02-28","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Gerard Cunningham resigned as Director at STEM, INC..","evidence_excerpt":"On February 25, 2025, Gerard Cunningham notified the Board of Directors (the “Board”) and the Corporate Secretary of Stem, Inc. 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