Stem reduces stockholder meeting quorum to one-third of voting power

STEM, INC.

Board approved amendment to Bylaws on October 15, 2025, reducing quorum from majority to one-third of outstanding voting power.
Company cited past difficulty reaching quorum due to large, dispersed stockholder base.
Lower quorum aims to reduce adjournment costs, proxy solicitation costs, and management distractions.
Amendment filed as Exhibit 3.1 to the Form 8-K.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

STEM, INC.: Reduced quorum requirement for stockholder meetings from a majority to one-third of voting power (effective 2025-10-15).

Change: bylaw amendment
Effective: 2025-10-15

Exact text from the filing

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.

View on SEC.gov

247 governance changes filed in the last 30 days. Browse all governance changes →

STEM, INC. filing history →

Source: SEC EDGAR

accession 0001758766-25-000061

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.