secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2022-08-26T23:59:59+00:00
Accession:  0000924168-22-000074
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period
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- Received Nasdaq notice on Aug 23, 2022: closing bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until Feb 20, 2023, to regain compliance.
- Stock continues trading on Nasdaq Capital Market during the cure period.
- If not cured by Feb 20, 2023, an additional 180 days may be granted if conditions met; otherwise delisting possible.
- Company may consider options such as reverse stock split to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000074/0000924168-22-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000074/efoi-20220823.htm
  HTML page:      https://secwatch.observer/filing/0000924168-22-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer