{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-033633","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.011567+00:00","generated_at":"2026-05-16T05:34:12.754751+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Orion Energy Systems closes $7M public offering of 500k shares at $14.00 to repay debt","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-033633","json":"https://secwatch.observer/filing/0001193125-26-033633.json","markdown":"https://secwatch.observer/filing/0001193125-26-033633.md","text":"https://secwatch.observer/filing/0001193125-26-033633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000119312526033633/0001193125-26-033633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000119312526033633/d52207d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:34:12.754751+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":"e72c17dcb324e83d336132190566a8e2abd5f5e8","claim":"ORION ENERGY SYSTEMS, INC. entered into Underwriting Agreement with Craig-Hallum Capital Group LLC valued at $6.4 million (effective 2026-01-29).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000119312526033633/0001193125-26-033633-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Craig-Hallum Capital Group LLC"},{"label":"Value","value":"$6.4 million"},{"label":"Effective","value":"2026-01-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}