{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-22-004178","form_type":"8-K","ticker":"TOGI","cik":"0001349706","company_name":"TurnOnGreen, Inc.","filed_at":"2022-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.076763+00:00","generated_at":"2026-06-26T21:18:46.613539+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Imperalis to acquire TurnOnGreen from BitNile in exchange for $25M preferred stock","bullets":["Parent BitNile contributes all TurnOnGreen shares and forgives ~$25M in intracompany accounts for 25,000 Series A Preferred shares ($1,000 stated value each).","Post-closing, IMHC will rename to TurnOnGreen, Inc.; TOGI becomes wholly owned subsidiary; IMHC common stock remains outstanding.","Closing subject to delivery of audited financials of TOGI and other customary conditions.","IMHC Preferred Stock carries $25M liquidation preference, is convertible to common at Parent's option, and is redeemable by Parent."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-22-004178","json":"https://secwatch.observer/filing/0001214659-22-004178.json","markdown":"https://secwatch.observer/filing/0001214659-22-004178.md","text":"https://secwatch.observer/filing/0001214659-22-004178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1349706/000121465922004178/0001214659-22-004178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1349706/000121465922004178/c3212218k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T21:18:46.613539+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}