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SEC Comment Letter 0000000000-26-005750 to STEM, INC. (STEM)

STEM, INC.
Date: June 8, 2026 · CIK: 0001758766 · Accession: 0000000000-26-005750

Regulatory Compliance Offering / Registration Process

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File numbers found in text: 333-296427

Date
June 8, 2026
Author
Office of Technology
Form
UPLOAD
Company
STEM, INC.

Letter

June 8, 2026 Brian Musfeldt Chief Financial Officer Stem, Inc. 1400 Post Oak Boulevard, Suite 560 Houston, TX 77056 Re: Stem, Inc. Registration Statement on Form S-3 Filed June 2, 2026 File No. 333-296427 Dear Brian Musfeldt: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rule 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Jeff Kauten at 202-551-3447 with any questions. Sincerely, Division of Corporation Finance Office of Technology cc: Eric Scarazzo

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June 8, 2026
Brian Musfeldt
Chief Financial Officer
Stem, Inc.
1400 Post Oak Boulevard, Suite 560
Houston, TX 77056
Re: Stem, Inc.
Registration Statement on Form S-3
Filed June 2, 2026
File No. 333-296427
Dear Brian Musfeldt:
 This is to advise you that we have not reviewed and will not review your registration
statement.
 Please refer to Rule 461 regarding requests for acceleration. We remind you that the
company and its management are responsible for the accuracy and adequacy of their disclosures,
notwithstanding any review, comments, action or absence of action by the staff.
 Please contact Jeff Kauten at 202-551-3447 with any questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Eric Scarazzo