Energy Focus, Inc. Announces $5.0 Million Registered Direct Offering Priced-At-the-Market under Nasdaq Rules
Energy Focus, Inc. (”Energy Focus,” “we,” “our,” “us” or the “Company”) (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (“HCL”) technologies and developer of a range of UV-C disinfection products announced on June 14, 2021, that it has entered into definitive securities purchase agreements with certain institutional investors for the issuance and sale of 990,100 shares of the Company’s common stock, at a purchase price of $5.05 per share, in a registered direct offering priced at-the-market under the rules of The Nasdaq Stock Market (“Nasdaq”). The closing of the sale of the securities is expected to occur on or…
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