Stem Inc. announced that its Board of Directors has approved an amendment to the company's bylaws, reducing the quorum requirement for stockholder meetings from a majority to one-third of the voting power of outstanding stock. This change aims to address past difficulties in reaching a quorum due to the size and dispersed nature of the stockholder base, minimizing the risk of meeting adjournments and additional costs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stem Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001758766-25-000061), on October 16, 2025, and is solely responsible for the information contained therein.
Comments