Orion Announces Pricing of Public Offering of Common Stock

Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of 500,000 shares of common stock priced at $14.00 per share, aiming to raise approximately $7.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The public offering consists of 500,000 shares priced at $14.00 each, with expected gross proceeds of around $7.0 million [1]. - The net proceeds will be utilized to reduce outstanding amounts under the existing credit agreement, with the remainder allocated for working capital and general corporate purposes [2]. - The offering is expected to close on or about February 2, 2026, subject to customary closing conditions [2]. Group 2: Regulatory and Compliance Information - A shelf registration statement on Form S-3 has been filed with the Securities and Exchange Commission and has been declared effective [3]. - The offering is being conducted only through a preliminary prospectus supplement and accompanying prospectus [3]. Group 3: Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services [5]. - The company focuses on providing turnkey design-through-installation solutions for large national customers and aims to help clients achieve business and environmental goals [5].