---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-22-012277"
form_type: "8-K"
ticker: "TOGI"
cik: "0001349706"
company_name: "TurnOnGreen, Inc."
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:46:31.877161+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ault Lending converts $101,528.77 note into 10.99M shares at $0.01 each

## Summary
- Ault Lending converted entire outstanding Convertible Note principal ($101,528.77) plus accrued interest into 10,990,142 common shares on Oct 12, 2022.
- Conversion price was $0.01 per share; note originally issued Dec 2021, matures Dec 15, 2023, with 10% annual interest.
- Shares issued under Section 3(a)(9) exemption from Securities Act; no registration required due to exchange of securities.
- No new cash proceeds; conversion extinguishes note liability and increases outstanding share count by 10.99 million.

## SEC filing metadata
- accession: 0001214659-22-012277
- form_type: 8-K
- ticker: TOGI
- cik: 0001349706
- company_name: TurnOnGreen, Inc.
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1349706/000121465922012277/0001214659-22-012277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1349706/000121465922012277/g10132228k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-22-012277
- JSON: https://secwatch.observer/filing/0001214659-22-012277.json
- Plain text: https://secwatch.observer/filing/0001214659-22-012277.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.