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Energy Focus to sell 2.5 million common shares through public offering
Bookrunner Roth Capital Partners assists; deal funds working capital
By Devika Patel
Knoxville, Tenn., July 22 – Energy Focus, Inc. will sell 2.5 million common shares in its public offering with a 30-day greenshoe option of 375,000 additional shares, according to a Form S-1/A filed Tuesday with the Securities and Exchange Commission. The deal was announced on May 21.
Roth Capital Partners is the bookrunning manager. Northland Capital Markets and BTIG are the co-managers.
Proceeds will be used for working capital and other general corporate purposes.
Based in Solon, Ohio, Energy Focus designs, develops, manufactures and markets fiber optic lighting systems.
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