STEM, INC. 8-K

What Happened

• STEM, Inc. announced on March 17, 2026 (8-K filing) that its Audit Committee approved the dismissal of Deloitte & Touche LLP as the company's independent registered public accounting firm on March 12, 2026; the company notified Deloitte on March 13, 2026.
• Deloitte’s audit reports on STEM’s consolidated financial statements for the years ended December 31, 2024 and December 31, 2025 were unmodified (no adverse opinion, disclaimer, or qualifications). The firm reported no disagreements with STEM on accounting, disclosure or audit scope, and no “reportable events” for the periods referenced through March 12, 2026. The company provided Deloitte with a copy of this 8-K; Deloitte’s letter to the SEC dated March 17, 2026 is included as an exhibit.

Key Details

• Audit Committee approved dismissal: March 12, 2026; company notified Deloitte: March 13, 2026.
• Deloitte’s reports for fiscal years ended Dec 31, 2024 and Dec 31, 2025 were unmodified.
• No disagreements or reportable events between STEM and Deloitte during 2024, 2025, or through March 12, 2026.
• 8-K filed March 17, 2026 and signed by Chief Legal Officer Saul R. Laureles; includes Deloitte’s March 17, 2026 letter as an exhibit.

Why It Matters

• A change of independent auditor is material because it affects who reviews and attests to the company’s financial statements. For investors, the absence of modified opinions, disagreements, or reportable events in this filing reduces the likelihood that the dismissal was due to accounting irregularities.
• The filing does not name a successor auditor; investors should watch for a follow-up 8-K appointing a new independent auditor and review any future auditor communications for potential impacts on audit quality or financial reporting.