secwatch.observer — SEC 8-K summary
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Issuer:     ORION ENERGY SYSTEMS, INC. (OESX)
CIK:        0001409375
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001193125-26-033633
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526033633/0001193125-26-033633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526033633/d52207d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-033633

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