{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-005286","form_type":"8-K","ticker":"TOGI","cik":"0001349706","company_name":"TurnOnGreen, Inc.","filed_at":"2023-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.528636+00:00","generated_at":"2026-06-17T02:58:10.471016+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Imperalis enters $300k note with FAR Holdings, receives $250k cash and issues warrants","bullets":["Borrowed $250k; issued promissory note with $300k face value ($50k original issue discount), no interest.","Issued warrants to purchase 1,000,000 common shares at $0.044 per share, exercisable for five years.","Note requires three payments of $100k each on May 6, June 6, and July 6, 2023.","Default triggers a 3% fee on overdue amount; prepayment permitted without penalty."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-005286","json":"https://secwatch.observer/filing/0001214659-23-005286.json","markdown":"https://secwatch.observer/filing/0001214659-23-005286.md","text":"https://secwatch.observer/filing/0001214659-23-005286.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1349706/000121465923005286/0001214659-23-005286-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1349706/000121465923005286/r4112308k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:58:10.471016+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":[{"claim_id":"212d151fb0c9ee98346f5b7d001d9e7c4d4431e4","claim":"TurnOnGreen, Inc. incurred loan of $300,000 with FAR Holdings International, LLC at bears no interest maturing July 6, 2023.","evidence_excerpt":"the Company borrowed $250,000 and issued a promissory note to the Investor in the principal face amount of $300,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1349706/000121465923005286/0001214659-23-005286-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$300,000"},{"label":"Counterparty","value":"FAR Holdings International, LLC"},{"label":"Rate","value":"bears no interest"},{"label":"Maturity","value":"July 6, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"15d44142048bab0bc54a4f335a3f0ea967f7911c","claim":"TurnOnGreen, Inc. entered into Purchase Agreement with FAR Holdings International, LLC valued at $300,000 (effective 2023-04-06).","evidence_excerpt":"On April 6, 2023 (the “Closing Date”), Imperalis Holding Corp., a Nevada corporation (the “ Company ”), entered into a Purchase Agreement (the “ Agreement ”) with FAR Holdings International, LLC (the “ Investor ”) pursuant to which the Company borrowed $250,000 and issued a promissory note to the Investor in the principal face amount of $300,000 (the “ Note ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1349706/000121465923005286/0001214659-23-005286-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"FAR Holdings International, LLC"},{"label":"Value","value":"$300,000"},{"label":"Effective","value":"2023-04-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}