---
schema_version: "secwatch.filing_event.v1"
accession: "0000924168-23-000091"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:28:11.912616+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Energy Focus raises $1.75M in private placement of 853,658 shares at $2.05/share

## Summary
- Gross proceeds ~$1.75M from sale of 853,658 common shares at $2.05 each.
- Private placement closed Sept 29, 2023; priced at Nasdaq Minimum Price, exempting shareholder approval.
- Shares issued in unregistered transaction under Section 4(a)(2) and Regulation D.
- Proceeds expected to be used for general corporate purposes and working capital.

## SEC filing metadata
- accession: 0000924168-23-000091
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000092416823000091/0000924168-23-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000092416823000091/efoi-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924168-23-000091
- JSON: https://secwatch.observer/filing/0000924168-23-000091.json
- Plain text: https://secwatch.observer/filing/0000924168-23-000091.txt

## Key facts
- Material Agreements
  ENERGY FOCUS, INC/DE entered into Purchase Agreements with certain accredited investors (effective 2023-09-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Effective: 2023-09-29
  source text: On September 29, 2023, Energy Focus, Inc. (the “Company”) entered into certain securities purchase agreements (the “Purchase Agreements”) with certain accredited investors (the “Purchasers”), pursuant to which the Company agreed to issue and sell in a private placement (the “Private Placement”) an aggregate of 853,658 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 $2.05.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924168/000092416823000091/0000924168-23-000091-index.htm

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