secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2022-09-22T23:59:59+00:00
Accession:  0000924168-22-000081
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus issues $450K promissory note to director; CAO Clifford Griffin resigns
--------------------------------------------------------------------------------

- Issued $450,000 promissory note to board member Mei-Yun Huang at 8% interest, maturing June 16, 2023.
- Note is prepayable; events of default include payment failure and bankruptcy, with acceleration and 2% interest bump.
- Clifford R. Griffin resigned as SVP, Corporate Controller and Chief Accounting Officer; notice received Sept 20, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000081/0000924168-22-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000081/efoi-20220916.htm
  HTML page:      https://secwatch.observer/filing/0000924168-22-000081

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