STEM, INC. (STEM) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
STEM currently has 8.19M outstanding shares. with moderate dilution risk from 3.61M authorized shares representing 44.1% potential dilution. The company has minimally diluted shareholders by 1.81% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 02, 2026 |
S-3 filing: This filing registers the resale of 289,045 shares of common stock by a Selling Shareholder. |
8.2M | 3.6M |
| Nov 26, 2025 |
S-3 filing: This S-3 filing outlines a shelf registration for various types of securities, including common stock, preferred stock, rights, warrants, and units, which may be offered through underwriters, directly to purchasers, through agents, or via an at-the-market offering. |
8.2M | 3.3M |
| Sep 02, 2025 |
S-3 filing: This is an S-3 filing for the registration of resale of common stock and warrants by selling stockholders. |
8.2M | 3.3M |
| Jun 23, 2025 |
Stock Split
8-K filing: Stock split 1-for-20 | Outstanding: 163,889,801 → 8,194,490 |
8.2M | 2.4M |
| Apr 30, 2025 |
10-Q filing | 163.9M shares outstanding |
160M | 49M |
| Mar 05, 2025 |
10-K filing | 161.4M shares outstanding |
160M | 49M |
| Oct 31, 2024 |
10-Q filing | 162.6M shares outstanding |
160M | 49M |
| Aug 07, 2024 |
10-Q filing | 162.2M shares outstanding |
160M | 49M |
| May 03, 2024 |
10-Q filing | 158.2M shares outstanding |
160M | 49M |
| Feb 29, 2024 |
10-K filing | 155.6M shares outstanding |
160M | 49M |
| Nov 03, 2023 |
10-Q filing | 155.8M shares outstanding |
160M | 49M |
| Aug 04, 2023 |
10-Q filing | 155.8M shares outstanding |
160M | 49M |
| May 05, 2023 |
10-Q filing | 155.0M shares outstanding |
150M | 49M |
| Feb 17, 2023 |
10-K filing | 153.4M shares outstanding |
150M | 49M |
| Nov 04, 2022 |
10-Q filing | 154.4M shares outstanding |
150M | 49M |
| Sep 02, 2022 |
S-3 filing: This S-3 filing describes a shelf registration for the possible issuance of common stock, preferred stock, and units consisting of a combination of these securities, through various methods including underwriters, direct sales, or agents. |
150M | 49M |
| Aug 05, 2022 |
10-Q filing | 154.1M shares outstanding |
150M | 49M |
| Jun 15, 2022 |
S-3 filing: This is an S-3 filing for Stem, Inc. regarding the offering of 8,621,006 shares of Common Stock by the Selling Securityholders. |
150M | 49M |
| Jun 02, 2022 |
POS AM filing: This POS AM filing relates to the offer and sale from time to time by the selling securityholders of 50,574,232 shares of common stock. |
150M | 40M |
| Jun 02, 2022 |
POS AM filing: This POS AM filing relates to the offer and sale from time to time by the selling securityholders of 1,115,683 shares of common stock originally issued in a private placement. |
150M | 40M |
| May 06, 2022 |
10-Q filing | 150.5M shares outstanding |
150M | 40M |
| Apr 29, 2022 |
POS AM filing: This prospectus relates to the offer and sale from time to time by the selling securityholders named in this prospectus (the "Selling Securityholders") of up to 50,574,232 shares of the common stock, par value $0.0001 per share, of the Company ("Common Stock"). |
150M | 40M |
| Apr 29, 2022 |
POS AM filing: This prospectus relates to the offer and sale from time to time by the selling securityholders named in this prospectus of up to 1,115,683 shares of the common stock, par value $0.0001 per share, of the Company originally issued in a private placement pursuant to the Exchange. |
150M | 40M |
| Feb 28, 2022 |
10-K filing | 153.4M shares outstanding |
150M | 120M |
| Nov 10, 2021 |
10-Q filing | 140.3M shares outstanding |
140M | 120M |
| Aug 11, 2021 |
10-Q filing | 131.0M shares outstanding |
130M | 120M |
| Jul 19, 2021 |
S-1 filing: This S-1 filing relates to the offer and sale from time to time by selling securityholders of up to 4,683,349 shares of common stock originally issued in a private placement; the company will not receive any proceeds from the sale of these shares. |
130M | 120M |
| Jun 28, 2021 |
8-K filing: Stem, Inc. entered into an Exchange Agreement with Star Peak Sponsor LLC and Star Peak Sponsor Warrantco LLC, to exchange 7,181,134 warrants for 4,683,349 shares of the Company's common stock. |
130M | 120M |
| May 26, 2021 |
S-1 filing: This prospectus relates to the offer and sale from time to time by the selling securityholders of up to 52,107,817 shares of common stock and up to 7,181,134 warrants. It also relates to the issuance by us of up to an aggregate of 19,967,263 shares of our Common Stock which consists of 7,181,134 shares of Common Stock that are issuable upon the exercise the Private Placement Warrants and 12,786,129 shares of Common Stock that are issuable upon the exercise of 12,786,129 warrants. |
130M | 120M |
| May 17, 2021 |
10-Q filing | 125.8M shares outstanding |
130M | 40M |
| May 04, 2021 |
8-K filing: Star Peak Energy Transition Corp. (STPK) consummated its merger with Stem, Inc., resulting in New Stem. Several agreements were entered into, including an Investor Rights Agreement, an Equity Incentive Plan, Lock-Up Agreements, and New Executive Agreements. The company also filed its Second Amended and Restated Certificate of Incorporation and amended and restated its bylaws. |
10M | 40M |
| Mar 04, 2021 |
10-K filing | 10.1M shares outstanding |
10M | 40M |
| Dec 04, 2020 |
8-K filing: Stark Peak Energy Transition Corp. entered into a merger agreement with Stem, Inc. and will issue 65,000,000 shares of New Stem Common Stock. Additionally, STPK will issue 22,500,000 shares of New Stem Common Stock to PIPE Investors for $225,000,000. ($225.0M proceeds) |
38M | 40M |
| Nov 16, 2020 |
10-Q filing | 38.4M shares outstanding |
38M | 40M |
| Aug 26, 2020 |
8-K filing: Star Peak Energy Transition Corp. consummated an initial public offering of 35,000,000 units at $10.00 per unit and a private placement of 6,733,333 private placement warrants at $1.50 per warrant on August 20, 2020. On August 26, 2020, the company issued an additional 3,358,504 units at $10.00 per unit and the sponsor purchased 447,801 private placement warrants for $671,700.80. ($394.36M proceeds) |
44B | 40M |
| Aug 20, 2020 |
8-K filing: Star Peak Energy Transition Corp. completed its IPO of 35,000,000 units at $10.00 per unit, generating gross proceeds of $350,000,000, and simultaneously consummated a private placement of 6,733,333 private placement warrants to Star Peak Sponsor LLC at $1.50 per warrant, generating total proceeds of $10,100,000. ($360.1M proceeds) |
44B | 40M |
| Aug 11, 2020 |
S-1/A filing: This is an S-1/A filing for Star Peak Energy Transition Corp. registering 40,250,000 units, each consisting of one share of Class A common stock and one third of one warrant, with a proposed maximum offering price of $10.00 per unit and a total offering price of $402,500,000. |
44B | 40M |
| Jul 31, 2020 |
S-1 filing: S-1 filing for common stock offering, including Class A and Class B shares. |
44B | 44M |