Energy Focus, Inc. announced that it has entered into agreement with Chiao Chieh Huang for a private placement of 108,502 shares at an issue price of $0.5609 per share for proceeds of $60,859 on March 28, 2023. The company will issue securities pursuant to exemption from securities registration afforded by Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D.
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- Energy Focus, Inc. announced that it expects to receive $0.060859 million in funding