---
schema_version: "secwatch.filing_event.v1"
accession: "0000924168-22-000097"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:31:18.978203+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Energy Focus exchanges $99.8K note for 271K shares with Streeterville Capital

## Summary
- Issued 271,412 shares in exchange for $99,825.43 principal amount of promissory note held by Streeterville Capital.
- No cash proceeds; exchange satisfies a redemption notice that would have required cash payment.
- Exchange priced at-the-market under Nasdaq rules; relies on Section 3(a)(9) exemption from registration.
- Original note dated April 27, 2021; exchange closed December 13, 2022.

## SEC filing metadata
- accession: 0000924168-22-000097
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000092416822000097/0000924168-22-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000092416822000097/efoi-20221209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924168-22-000097
- JSON: https://secwatch.observer/filing/0000924168-22-000097.json
- Plain text: https://secwatch.observer/filing/0000924168-22-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.