Stem, Inc. entered into an Open Market Sales Agreement with Jefferies LLC on March 6, 2026, establishing an at-the-market equity offering program for up to $30,000,000 of common stock on the NYSE. The program allows flexible sales at prevailing market prices with no obligation to sell any shares.
Key takeaways
Entered Open Market Sales Agreement with Jefferies LLC on March 6, 2026
Aggregate offering price up to $30,000,000 of common stock, par value $0.0001 per share
Sales through ordinary brokers’ transactions on NYSE or other methods permitted by law
Jefferies commission of up to 3.0% of gross proceeds
Pursuant to Form S-3 Registration No. 333-291820 effective December 11, 2025
Company may suspend or terminate sales at any time