Energy Focus raises $500K through private placement with CEO/CFO at $1.89/share

ENERGY FOCUS, INC/DE

CEO/CFO Chiao Chieh (Jay) Huang will buy 264,550 new shares at $1.89/share for $500K total.
Shares sold in unregistered private placement relying on Section 4(a)(2) exemption.
Pricing based on August 14 closing price; no discount to market.
Agreement signed August 15, 2025; expected to close within five trading days.

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