---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-008873"
form_type: "8-K"
ticker: "TOGI"
cik: "0001349706"
company_name: "TurnOnGreen, Inc."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:06:55.551236+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Imperalis shareholders approve reverse split, authorized share increase, and 2023 stock plan

## Summary
- Reverse stock split authorized at ratio of 1:50 to 1:500, with exact ratio set by board before June 26, 2024.
- Authorized common shares raised from 750M to 2B; 653M votes for, 983K against.
- 2023 Stock Incentive Plan approved with 653M votes for, 983K against, 15K abstentions.
- All three proposals passed at the June 27, 2023 special meeting of shareholders.

## SEC filing metadata
- accession: 0001214659-23-008873
- form_type: 8-K
- ticker: TOGI
- cik: 0001349706
- company_name: TurnOnGreen, Inc.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1349706/000121465923008873/0001214659-23-008873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1349706/000121465923008873/x6272318k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-008873
- JSON: https://secwatch.observer/filing/0001214659-23-008873.json
- Plain text: https://secwatch.observer/filing/0001214659-23-008873.txt

## Key facts
- Shareholder Votes
  TurnOnGreen, Inc. shareholders approved Approval of the amendment to the Company's Articles of Incorporation to increase the authorized shares of Common Stock from 750,000,000 to 2,000,000,000. at the 2023-06-27 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Proposal Two : Approval of the amendment to the Company's Articles of Incorporation to increase the authorized shares of Common Stock from 750,000,000 to 2,000,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1349706/000121465923008873/0001214659-23-008873-index.htm
- Shareholder Votes
  TurnOnGreen, Inc. shareholders approved Approval of the Imperalis Holding Corp. 2023 Stock Incentive Plan. at the 2023-06-27 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Proposal Three : Approval of the Imperalis Holding Corp. 2023 Stock Incentive Plan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1349706/000121465923008873/0001214659-23-008873-index.htm
- Shareholder Votes
  TurnOnGreen, Inc. shareholders approved Approval of the amendment to the Company's Articles of Incorporation to effect a reverse stock split of the Common Stock by a ratio of not less than one-for-fifty and not more than one-for-five hundred at any time prior to June 26, 2024, with the exact ratio to be set at a whole number within this r at the 2023-06-27 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Proposal One : Approval of the amendment to the Company's Articles of Incorporation to effect a reverse stock split of the Common Stock by a ratio of not less than one-for-fifty and not more than one-for-five hundred at any time prior to June 26, 2024, with the exact ratio to be set at a whole number within this range as determined by the Company's board of directors in its sole discretion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1349706/000121465923008873/0001214659-23-008873-index.htm

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