---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013734"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:38:55.584755+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Energy Focus raises ~$450k via private placement of 283,109 shares at $1.59/share

## Summary
- Issued 283,109 shares at $1.59/share for aggregate gross proceeds of approximately $450,143.
- Private placement closed March 28, 2024; unregistered under Securities Act, exempt under Section 4(a)(2) and Reg D.
- Price set at Nasdaq's Minimum Price, exempting shareholder approval under Listing Rule 5635(d).

## SEC filing metadata
- accession: 0001628280-24-013734
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000162828024013734/0001628280-24-013734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000162828024013734/efoi-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013734
- JSON: https://secwatch.observer/filing/0001628280-24-013734.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013734.txt

## Key facts
- Material Agreements
  ENERGY FOCUS, INC/DE entered into Purchase Agreements with certain accredited investors valued at approximately $450,143 (effective 2024-03-28).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: approximately $450,143
  - Effective: 2024-03-28
  source text: On March 28, 2024, 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 283,109 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 $1.59.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924168/000162828024013734/0001628280-24-013734-index.htm

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