secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0000924168-23-000014
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus receives Nasdaq delisting notice; appeals to Hearings Panel
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- Received Feb 21, 2023 notification of non-compliance with bid price rule; ineligible for second 180-day period due to insufficient stockholders' equity ($5M minimum not met as of Sep 30, 2022).
- Common stock subject to delisting; appeal requested Feb 24, 2023, staying delisting pending hearing.
- No assurance appeal will succeed; if denied, stock will be delisted from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416823000014/0000924168-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416823000014/efoi-20230221.htm
  HTML page:      https://secwatch.observer/filing/0000924168-23-000014

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