{"schema_version":"secwatch.filing_event.v1","accession":"0000924168-23-000069","form_type":"8-K","ticker":"EFOI","cik":"0000924168","company_name":"ENERGY FOCUS, INC/DE","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.841540+00:00","generated_at":"2026-06-13T19:36:00.431438+00:00","sec_items":["3.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Energy Focus stockholders approve 1-for-7 reverse stock split; effective June 16, 2023","bullets":["Stockholders approved reverse stock split at ratio of 1-for-7; board set ratio on June 15, 2023.","Effective June 16, 2023; shares reduced from ~19.2M to ~2.7M; authorized shares unchanged at 50M.","Trading on split-adjusted basis began June 20, 2023; ticker symbol EFOI remains.","Eight directors elected; ratification of GBQ Partners as auditor; advisory vote on executive compensation passed."],"urls":{"canonical":"https://secwatch.observer/filing/0000924168-23-000069","json":"https://secwatch.observer/filing/0000924168-23-000069.json","markdown":"https://secwatch.observer/filing/0000924168-23-000069.md","text":"https://secwatch.observer/filing/0000924168-23-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/efoi-20230615.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:36:00.431438+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c01e8f4680916b6ecde589714eae80fb2c73f20","claim":"ENERGY FOCUS, INC/DE: Amended certificate of incorporation to effect a 1-for-7 reverse stock split (effective 2023-06-16).","evidence_excerpt":"The Certificate of Amendment was filed with the Secretary of State of the State of Delaware on June 15, 2023, and the Reverse Stock Split became effective at 5:00 pm Eastern time on June 16, 2023","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-16"}],"fact_type":"governance_change"},{"claim_id":"48b6e38e892cde9e6cd427d24192506131a4a391","claim":"ENERGY FOCUS, INC/DE shareholders approved Approval of a discretionary amendment to the Company’s certificate of incorporation, as amended, to effect a reverse stock split of the Company’s common stock at a ratio of at least 1-for-2 and up to 1-for-10, with the exact ratio within the foregoing range to be determined by the Company’s board of at the 2023-06-15 meeting.","evidence_excerpt":"Proposal 2: Approval of a discretionary amendment to the Company’s certificate of incorporation, as amended, to effect a reverse stock split of the Company’s common stock at a ratio of at least 1-for-2 and up to 1-for-10, with the exact ratio within the foregoing range to be determined by the Company’s board of directors: For Against Abstain 11,730,677 1,239,831 14,102","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"a1d5c683ee8cb476209add037bf38ba646446121","claim":"ENERGY FOCUS, INC/DE shareholders approved Election of Directors at the 2023-06-15 meeting.","evidence_excerpt":"Proposal 1: Election of Directors: Director Nominees For Withheld Broker Non-Votes Wen-Jeng Chang 9,594,060 922,485 2,468,065 Jennifer Cheng 3,919,240 6,597,305 2,468,065 K.R. “Kaj” den Daas 4,255,934 6,260,611 2,468,065 Jay (Chiao Chieh) Huang 9,691,075 825,470 2,468,065 Gina (Mei Yun) Huang 9,701,856 814,689 2,468,065 Brian Lagarto 4,267,535 6,249,010 2,468,065 Jeffery Parker 4,258,999 6,257,546 2,468,065 Stephen Socolof 3,932,739 6,583,806 2,468,065","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"dde7627882cdf50fdeead544b5e707c1b8fb7591","claim":"ENERGY FOCUS, INC/DE shareholders approved Ratification of the appointment of GBQ Partners LLC as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-15 meeting.","evidence_excerpt":"Proposal 3: Ratification of the appointment of GBQ Partners LLC as the Company’s independent registered public accounting firm for the year ending December 31, 2023: For Against Abstain 9,906,835 3,068,055 9,720","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"},{"claim_id":"f1e1dd8d7fe73566296f88c95953fb8273d2671b","claim":"ENERGY FOCUS, INC/DE shareholders approved Approval, on an advisory basis, of the compensation of our named executive officers at the 2023-06-15 meeting.","evidence_excerpt":"Proposal 4: Approval, on an advisory basis, of the compensation of our named executive officers: For Against Abstain Broker Non-Votes 7,973,490 2,501,004 42,051 2,468,065","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-15"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}