Stem Inc. announced amendments to its bylaws, including a 1-for-20 reverse stock split and a reduction in authorized common stock shares from 500 million to 250 million, effective June 23, 2025. The reverse split will consolidate every 20 shares into one new share, and no fractional shares will be issued. Trading on a split-adjusted basis is expected to commence on the effective date with a new CUSIP number, while the par value per share remains unchanged.
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