Energy Focus, Inc. announced that it has entered into a securities purchase agreement with accredited individual investor Mei Yun Huang for private placement of 803,212 shares at a price of $0.4980 per share for gross proceeds of $400,000 on February 24, 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.