Star Peak Energy Transition Corp. Reminds Stockholders to Vote in Favor of Business Combination with Stem, Inc.
Star Peak Energy Transition Corp. (“Star Peak” or “the Company”) (NYSE: STPK), a publicly traded special purpose acquisition company, reminds its holders of common stock to vote in favor of the approval of the Company’s proposed business combination with Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, and the related proposals to be voted upon at the Company’s virtual Special Meeting on April 27, 2021.
The Special Meeting to approve the pending business combination is scheduled for Tuesday, April 27, 2021, at 11:00 a.m. ET. It will be completely virtual and conducted via live webcast via the following link: https://www.cstproxy.com/starpeakcorp/2021. Holders of Star Peak’s shares of common stock at the close of business on the record date of March 4, 2021 are entitled to notice of the virtual Special Meeting and should vote before 11:59 p.m. ET on April 26, 2021.
If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions.
It remains important that all holders who owned Star Peak common stock as of March 4, 2021 – even if they have since sold – vote by the April 26, 2021 deadline to ensure the deal proceeds in a timely manner.
There are three ways to vote: online, via telephone or by mail. More information on how to vote can be found at https://stpk.starpeakcorp.com/vote. Holders of Star Peak common stock who need assistance voting or have questions regarding the Special Meeting may contact Star Peak’s proxy solicitor, Morrow Sodali, toll-free at (877) 787-9239 or email Morrow Sodali at STPK.email@example.com.
Stem provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena, a world-class artificial intelligence (AI)-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter.