secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001758766-26-000024
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stem enters $30M at-the-market equity offering with Jefferies
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- Enters Open Market Sales Agreement with Jefferies LLC to sell up to $30M of common stock at prevailing market prices.
- Shares may be sold in ordinary brokers' transactions or block trades on NYSE; company has no obligation to sell.
- Jefferies will receive a commission of up to 3.0% of gross proceeds from any sales.
- Offers made under existing S-3 registration statement (no. 333-291820) declared effective Dec 11, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876626000024/0001758766-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876626000024/stem-20260306.htm
  HTML page:      https://secwatch.observer/filing/0001758766-26-000024

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