secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2026-10-23T20:07:09+00:00
Accession:  0001758766-26-000088
Event type: regulatory
Sentiment:  negative
Materiality: 0.72
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876626000088/0001758766-26-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876626000088/stem-20261019.htm
  HTML page:      https://secwatch.observer/filing/0001758766-26-000088

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