Stem receives NYSE noncompliance notice over market capitalization, stockholders' equity requirements
STEM•Stem received an NYSE noncompliance letter on October 20, 2026, for failing to meet continued listing standards requiring at least $50 million in average global market capitalization and $50 million in stockholders’ equity. It must submit a business plan within 45 days outlining how it will restore compliance within 18 months.
1. Listing standards notice
Stem received an NYSE noncompliance letter on October 20, 2026, after failing to meet continued listing standards. The standards require average global market capitalization of at least $50 million over 30 consecutive trading days, along with $50 million in stockholders’ equity.
2. Plan and trading status
Stem must submit a business plan within 45 days of receiving the letter, outlining how it will restore compliance within 18 months. Its common stock will continue trading during the cure period, subject to NYSE acceptance of the plan, quarterly monitoring and other listing requirements; the noncompliance does not affect its business operations, SEC reporting requirements or obligations under debt and other agreements.
