---
schema_version: "secwatch.filing_event.v1"
accession: "0001758766-26-000088"
form_type: "8-K"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2026-10-23T20:07:09+00:00"
generated_at: "2026-10-23T20:08:03.508952+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Stem gets NYSE non-compliance letter on sub-$50M market cap and stockholders' equity

## Summary
- Stem notified NYSE on Oct 19, 2026 that it fails Section 802.01B: 30-trading-day average market cap and stockholders' equity must each be at least $50M.
- NYSE sent the non-compliance letter Oct 20, 2026; Stem must submit a business plan within 45 days showing how it will regain compliance within 18 months.
- Plan must set specific quarterly milestones; NYSE will rule on the plan within 45 days and monitor quarterly if accepted.
- Common stock (NYSE: STEM) stays listed and trading during the cure period; company says operations, SEC reporting and debt covenants are unaffected.

## SEC filing metadata
- accession: 0001758766-26-000088
- form_type: 8-K
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2026-10-23T20:07:09+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000175876626000088/0001758766-26-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000175876626000088/stem-20261019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001758766-26-000088
- JSON: https://secwatch.observer/filing/0001758766-26-000088.json
- Plain text: https://secwatch.observer/filing/0001758766-26-000088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.