Orion Energy Systems closes $7M public offering of 500k shares at $14.00 to repay debt

ORION ENERGY SYSTEMS, INC.

500,000 shares sold at $14.00 each; gross proceeds ~$7.0M, net ~$6.4M after discounts and expenses.
Net proceeds will reduce outstanding balance under the existing credit agreement, with remainder for working capital and general corporate purposes.
Underwriting by Craig-Hallum Capital Group LLC; offering closed February 2, 2026.
Company and all directors/officers subject to 90-day lock-up on share sales without underwriter consent.
Offering made via effective shelf registration on Form S-3 (No. 333-270197).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ORION ENERGY SYSTEMS, INC. entered into Underwriting Agreement with Craig-Hallum Capital Group LLC valued at $6.4 million (effective 2026-01-29).

Action: entry
Agreement: underwriting
Counterparty: Craig-Hallum Capital Group LLC
Value: $6.4 million
Effective: 2026-01-29

Exact text from the filing

On January 29, 2026, Orion Energy Systems, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Craig-Hallum Capital Group LLC, as underwriter (the “Underwriter”), pursuant to which the Company agreed to sell 500,000 shares (the “Shares”) of the Company’s common stock

View on SEC.gov

291 material agreements filed in the last 30 days. Browse all material agreements →

ORION ENERGY SYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-033633

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.