---
schema_version: "secwatch.filing_event.v1"
accession: "0000924168-23-000028"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T23:10:03.964221+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Energy Focus raises $400k via private placement of 803,212 shares to director Mei Yun Huang at $0.4980/share

## Summary
- Gross proceeds of $400,000 from sale of 803,212 shares of common stock at $0.4980 per share.
- Purchaser is board member Mei Yun (Gina) Huang; transaction is an insider private placement.
- Shares issued in unregistered offering exempt under Section 4(a)(2) and Regulation D.
- Proceeds will be used for general corporate purposes; no other material terms disclosed.

## SEC filing metadata
- accession: 0000924168-23-000028
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000092416823000028/0000924168-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000092416823000028/efoi-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924168-23-000028
- JSON: https://secwatch.observer/filing/0000924168-23-000028.json
- Plain text: https://secwatch.observer/filing/0000924168-23-000028.txt

## Key facts
- Material Agreements
  ENERGY FOCUS, INC/DE entered into Purchase Agreement with Mei Yun (Gina) Huang valued at $400 thousand (effective 2023-02-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Mei Yun (Gina) Huang
  - Value: $400 thousand
  - Effective: 2023-02-24
  source text: On February 24, 2023, Energy Focus, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Mei Yun (Gina) Huang, a member of the Company’s board of directors, pursuant to which the Company agreed to issue and sell, in a private placement (the “Private Placement”) 803,212 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share, for a purchase price of $0.4980 per share. Gross proceeds to the Company in respect of the Private Placement are $400 thousand, before deducting estimated offering expenses payable by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924168/000092416823000028/0000924168-23-000028-index.htm

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