secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0000924168-23-000069
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus stockholders approve 1-for-7 reverse stock split; effective June 16, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/0000924168-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000092416823000069/efoi-20230615.htm
  HTML page:      https://secwatch.observer/filing/0000924168-23-000069

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