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

Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0000924168-22-000091
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus faces Nasdaq delisting for insufficient equity ($1.526M vs $2.5M required)
--------------------------------------------------------------------------------

- As of Sept 30, 2022, stockholders' equity was $1.526M, below Nasdaq's $2.5M minimum requirement.
- Company has 45 days (until Jan 3, 2023) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180-day extension from Nov 16, 2022.
- Failure to regain compliance could lead to delisting of common stock from Nasdaq Capital Market.
- Company evaluating actions and intends to submit compliance plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000091/0000924168-22-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416822000091/efoi-20221116.htm
  HTML page:      https://secwatch.observer/filing/0000924168-22-000091

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