secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001193125-25-135268
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 5.07, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stockholders approve reverse stock split (10:1-20:1) and reduce authorized shares
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- Reverse stock split approved: 77.1M for, 11.3M against; ratio 10:1 to 20:1 inclusive.
- Authorized shares reduction approved: 80.0M for, 8.2M against.
- Amended equity plan: 4M additional shares authorized; 25.8M for, 10.4M against.
- Class I directors elected: Krishna Shivram (34.8M for) and Laura D'Andrea Tyson (28.6M for).
- Advisory say-on-pay passed with 23.9M for, 7.6M against, 5.3M abstain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000119312525135268/0001193125-25-135268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000119312525135268/d42665d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-135268

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer