---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-030269"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:18:06.189672+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Energy Focus sells 534,592 shares to CEO-affiliated entity in $0.85M private placement

## Summary
- Sold 534,592 shares at $1.59/share to Sander Electronics Inc., controlled by CEO Jay Huang.
- Gross proceeds ~$0.85M; placement closed on June 21, 2024.
- Shares issued under Regulation S exemption; not registered under Securities Act.
- Pricing based on prior day's Nasdaq closing price, representing fair market value.

## SEC filing metadata
- accession: 0001628280-24-030269
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2024-06-27T23:59:59+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/924168/000162828024030269/0001628280-24-030269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000162828024030269/efoi-20240621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-030269
- JSON: https://secwatch.observer/filing/0001628280-24-030269.json
- Plain text: https://secwatch.observer/filing/0001628280-24-030269.txt

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