secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001628280-24-013734
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000162828024013734/0001628280-24-013734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000162828024013734/efoi-20240328.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-013734

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer