Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the management of Stem expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions.

This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the management of Stem with respect to future business activities. Stem is a vertically-integrated cannabis branded products and technology company with state-of-the-art cultivation, processing, extraction, retail and distribution operations in the United States.Ĭautionary Note Regarding Forward-Looking Information Registered shareholders needing to contact the transfer agent should submit and online ticket at for service. There is no additional action required from investors with deposited Company common shares. All fractional interests resulting from the reverse split will be rounded up to the nearest whole share.Ĭompany shares in brokerage accounts will automatically be converted to shares of Stem (CUSIP NO: 85858U305) by Depository Trust Company (“DTC”) and the brokerage firms. As a result of the reverse split, the Company’s 557,999,222 shares will be converted into 5,579,992 post-split shares. The reverse split was approved by the Company’s shareholders on Decemand approved by the Company’s Board of Directors on November 27, 2023, with a filing with the Nevada Secretary of State on December 18, 2023.Įffective February 1, 2024, the Company’s Common Stock will trade under CUSIP 85858U305 and the Company’s former CUSIP (85858U107) will be suspended effective February 1, 2024.

The shares of Stem will continue to trade under the symbol, STMH on the OTC Pink Sheets and, STEM on the CSE. (the “ Company” or “ Stem”) (OTC Pink: STMH CSE: STEM), a vertically-integrated cannabis branded products and technology company, announced that the Februeffectiveness of its one for 100 reverse stock split. 01, 2024 (GLOBE NEWSWIRE) - Stem Holdings, Inc.

Stem inc stock symbol