$STPK DD thread

Liking this for a swing imo. Could definitely go long too. Gonna break down the merger company etc.

No date announced for the merger vote yet. It closed after hours Friday at $28.48

$STPK is merging with Stem. ( http://stem.com ).

They work with a variety of customers to transform how they create, store, and manage renewable energy.

Huge potential for the future in a lot of aspects imo.

Quick info about some of $STPK/Stem’s partners: (1/6)

Saint-Gobain: Massive company that does a ton of things. https://www.saint-gobain.com/en/group/our-main-brands

Quick info about some of $STPK/Stem’s partners: (2/6)

$BXP/Boston Properties: $21.284 billion in assets (2019). Clear focus on Sustainability.

Good partner to have also imo

Quick info about $STPK/Stem’s partners: (3/6)

Whole Foods: bought by $AMZN for $13.7b in 2017. Amazon connection is always good imo.
$RTX/Raytheon Tech.: Military contractor. Consulting. Etc. Big govt. involvement. Merged with United Technologies

Good partners to have imo

Quick info about some of $STPK/Stem’s partners: (4/6)

Forefront Power: Offers a variety of solar based services. Including a subscription based solar service for renters(,etc). Business/Public services as well. Will be a huge partner for Stem

Quick info about some of $STPK/Stem’s partners: (5/6)

$ADBE/Adobe: “Operating sustainably has been one of Adobe’s core values since the beginning”.

Key partner from a longterm perspective imo.
https://www.adobe.com/corporate-responsibility/sustainability/energy-conservation.html

Quick info about some of $STPK/Stem’s partners: (6/6)

Greenskies: Backed by Clean Focus Group. Going to have a big place in the future as well imo. Mutually beneficial partnership for Stem 100%.

https://www.greenskies.com/partners/developers

$STPK

Stem “builds and operates the largest digitally connected energy storage network for our customers. Our world class AI platform optimizes the value of our customers’ energy assets and facilitates their participation in energy markets”

$STPK- Breakdown of Stem

- 30+ Fortune 500 Customers
- 360+ customers (actively growing)
- 16+ million runtime hours
- read the full thing imo

$STPK a bit more about Stem:

- Invested in by Blackrock, among others
- Significant value by lowering energy costs for customers
- Will become $STEM (expected to happen in Q1 2021)
- Estimated equity value of $1.35b when the transaction closes

$STPK bit more about $STEM:

- Addresses a $1.2 trillion market (opportunity)
- Possible great longterm investment due to all of it’s potential/history
- $525 million in cash
- From conference call/SEC filing. Management combination is great imo

https://sec.report/Document/0001104659-20-132221/

More info on $STPK:

- Warrants are $1:1 conversion at $11.50
- 22,500,000 PIPE investor shares ($225m)
- Read about the lockup period! Always important to know imo. $STEM

More about $STPK / Star Peak.

- Mission is clear and Stem is a perfect partner
- Climate change is a huge problem and this merger is one major longterm step towards fighting it imo
$STEM

$STPK / $STEM:

- Major longterm investment opportunity (I got some Friday, wish I did research sooner on it)
- Will be the first public pure play smart smart energy storage company
- Revenues projected to grow at a 51% CAGR from 2021 to 2026
- $1.2T longterm revenue opportunity

$STPK / $STEM

- World’s largest energy storage systems network
- Upside sharing through sales into energy markets

Most information is from this SEC filing btw https://sec.report/Document/0001104659-20-132221/ (nothing actually confidential)

$STPK / $STEM

Stem is super well positioned with the world headed towards decarbonization.

Just one of the reasons I’m investing longterm (personally)

Some numbers for $STPK / $STEM:

- 125% pipeline growth since Q3 2019
- Well positioned to help continue driving down energy prices
- More MWh than $TSLA

More info on $STPK / $STEM ‘s AI platform, Athena:

- Commercial growth started in 2016
- 2019 is when growth really began to accelerate
- Supplies backup power
- Athena has 24 patents covering it
- Lots of services

More on the value $STPK / $STEM brings it’s customers/partners.

- Athena AI reduces volatility
- 35% of Fortune 500 companies have comitted to carbkn neutrality
- Big name distributors, sales partners, and direct customers

(all from that same SEC filing from earlier btw)

$STPK / $STEM financial forecast:

- Rapid growth rate
- 140 projects in progress
- Take a minute to comprehend the graphs imo

$STPK / $STEM financial forecast:

- Nice longterm YoY growth in multiple areas (some stabilizing after 2023, but still insane numbers)
- Solid balance sheet all around imo (longterm perspective)
- Gross margin projected to grow YoY

If people want, we can do a seperate thread breaking down the combined management team/Stem’s contracts etc in depth. Let us know! $STPK

Please do your own research/DD before buying/selling anything. This is a biased thread

Personally invested longterm in $STPK (will be $STEM eventually). 100% my own opinions regarding it.

Please reply if you can think of a good bearish case for $STPK

Looking to add more on Monday in my Roth & forget it. Another retirement hold for me

Also - if you liked the info in this thread. Please consider RT’ing/sharing so others can get the info as well! (Do your own dd as well!)

Long $STPK / $STEM

Should probably note the “Partners” are Customers*