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home / news releases / EFOI - Energy Focus announces $1.3M investment

EFOI - Energy Focus announces $1.3M investment

Energy Focus Inc.

2023-07-05 09:53:49 ET

  • Energy Focus ( NASDAQ: EFOI ) enters into a purchase agreement for the issuance and sale of 746,875 shares in a private placement priced at fair market value.
  • The private placement closed on June 29, 2023, and was facilitated by certain purchasers associated with Sander Electronics following the previously announced strategic investment in early 2023.
  • Gross proceeds are ~$1.3M.
  • Net proceeds from this transaction for general corporate purposes.

For further details see:

Energy Focus announces $1.3M investment
Stock Information
Company Name: Energy Focus Inc.
Stock Symbol: EFOI
Market: NASDAQ
Website: energyfocus.com
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