This is a routine registration of shares for a selling shareholder with no new capital raise for Stem. The 289,045 shares represent ~3.4% of outstanding shares and could create modest overhang, but the selling shareholder may sell gradually. Monitor for any large block trades by raicoon GmbH that could pressure the stock.
Price Chart
Executive Summary
Stem filed a 424B5 prospectus supplement registering 289,045 shares of common stock for resale by raicoon GmbH, the former owner of assets acquired by Stem. Stem will not receive any proceeds from this resale. The filing is a routine contractual obligation to register shares issued as acquisition consideration and does not represent a new capital raise by the company.
Key Facts
- Registers 289,045 shares of common stock for resale by selling shareholder raicoon GmbH
- Stem will not receive any proceeds from the sale of these shares
- Shares were issued in connection with Stem's acquisition of raicoon GmbH's assets
- raicoon GmbH beneficially owns 389,569 shares total, representing 4.5% of outstanding shares as of March 31, 2026
- Common stock outstanding as of March 31, 2026: 8,567,751 shares
- Last reported sale price on June 18, 2026: $8.22 per share
Financial Impact
No proceeds to Stem; potential overhang of up to 289,045 shares (3.4% of outstanding) at ~$8.22/share, representing ~$2.4M at current market price
Risk Factors
- Potential selling pressure from raicoon GmbH's resale of up to 289,045 shares
- Perception of overhang could weigh on stock price even if no immediate sales occur
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001758766-26-000074 |
| Document: 0001758766-26-000074-index-headers.html | 0001758766-26-000074 |
| Document: 0001758766-26-000074-index.html | 0001758766-26-000074 |
| Document: 0001758766-26-000074.txt | 0001758766-26-000074 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $3.03 | awaiting T+60 | — | $2.97 (+2.11%) |
Aug 10, 2026 11w ago | 144 | $5.68 | awaiting T+60 | — | $2.97 (−47.71%) |
Jul 29, 2026 12w ago | 144 | $4.95 $3.02 | ▼ −38.99% | ▼ −43.72% | $2.97 (−40.00%) |
Jun 22, 2026 18w ago | 424B5 | $7.63 $4.47 | ▼ −41.42% | ▼ −44.66% | $2.97 (−61.07%) |
Jun 11, 2026 19w ago | EFFECT | $7.57 $5.57 | ▼ −26.42% | ▼ −30.82% | $2.97 (−60.77%) |
Jun 3, 2026 20w ago | 8-K | $9.17 $5.44 | ▼ −40.68% | ▼ −42.56% | $2.97 (−67.61%) |
Jun 2, 2026 20w ago | S-3 | $9.04 $5.70 | ▼ −36.95% | ▼ −39.45% | $2.97 (−67.15%) |
May 6, 2026 24w ago | 8-K | $8.73 $5.62 | ▼ −35.62% | ▼ −39.46% | $2.97 (−65.98%) |
Apr 27, 2026 26w ago | DEFA14A | $11.29 $6.01 | ▼ −46.77% | ▼ −51.54% | $2.97 (−73.69%) |
Mar 4, 2026 33w ago | 8-K | $12.18 $10.15 | ▼ −16.67% | ▼ −27.97% | $2.97 (−75.62%) |
US Market Status
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