Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ENERGY FOCUS, INC/DE incurred loan of $50,000 with Tingyu Lin at annual rate of eight percent maturing nine months from the date of issuance.
- Instrument
- loan
- Principal
- $50,000
- Counterparty
- Tingyu Lin
- Rate
- annual rate of eight percent
- Maturity
- nine months from the date of issuance
- Event
- incurrence
Exact text from the filing
On December 30, 2022, Energy Focus, Inc. (the “Company”) issued a short-term Promissory Note in favor of Tingyu Lin (the “Lender”) in the original principal amount of $50,000 (the “Note”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
ENERGY FOCUS, INC/DE entered into Short-term Promissory Note with Tingyu Lin valued at $50,000 principal, 8% annual interest, maturity 9 months (effective 2022-12-30).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Tingyu Lin
- Value
- $50,000 principal, 8% annual interest, maturity 9 months
- Effective
- 2022-12-30
Exact text from the filing
On December 30, 2022, Energy Focus, Inc. (the “Company”) issued a short-term Promissory Note in favor of Tingyu Lin (the “Lender”) in the original principal amount of $50,000 (the “Note”).
View on SEC.gov