{"schema_version":"secwatch.filing_event.v1","accession":"0000924168-23-000071","form_type":"8-K","ticker":"EFOI","cik":"0000924168","company_name":"ENERGY FOCUS, INC/DE","filed_at":"2023-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.049641+00:00","generated_at":"2026-06-13T13:00:41.682241+00:00","sec_items":["1.01","3.02","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Energy Focus raises $1.3M via private placement and appoints four new directors","bullets":["Private placement of 746,875 shares at $1.76/share for gross proceeds of ~$1.3M, closed June 29.","Four directors (Jennifer Cheng, Brian Lagarto, Jeffery Parker, Stephen Socolof) resigned June 28.","Board appointed Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, Dr. Chao-Jen Huang on July 2.","One purchaser, Jay Huang, is a board member; proceeds to be used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000924168-23-000071","json":"https://secwatch.observer/filing/0000924168-23-000071.json","markdown":"https://secwatch.observer/filing/0000924168-23-000071.md","text":"https://secwatch.observer/filing/0000924168-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/efoi-20230628.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T13:00:41.682241+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":"28f21d56d1","claim":"Brian Lagarto resigned as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"676407fd62","claim":"Dr. Shou-Jang Lee was appointed as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"945b8a7200","claim":"Kin-Fu Chen was appointed as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9948a8e124","claim":"Jennifer Cheng resigned as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a8e945078e","claim":"Jeffery Parker resigned as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"c308dd71f6","claim":"Stephen Socolof resigned as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ce6a0252d1","claim":"Dr. Chao-Jen Huang was appointed as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f434216bf1","claim":"Jason Tien-Chia Tsai was appointed as Director at ENERGY FOCUS, INC/DE.","evidence_excerpt":"On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"c71d207133782eb033afd0a51f8d1a5d60f7daa8","claim":"ENERGY FOCUS, INC/DE entered into Purchase Agreement with certain purchasers valued at approximately $1.3 million (effective 2023-06-29).","evidence_excerpt":"On June 29, 2023, Energy Focus, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Company agreed to issue and sell in a private placement (the “Private Placement”) an aggregate of 746,875 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), for a purchase price per share of $1.76. Aggregate gross proceeds to the Company in respect of the Private Placement is approximately $1.3 million, before offering expenses payable by the Company.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000071/0000924168-23-000071-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain purchasers"},{"label":"Value","value":"approximately $1.3 million"},{"label":"Effective","value":"2023-06-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}