secwatch.observer — SEC 8-K summary
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Issuer:     TurnOnGreen, Inc. (TOGI)
CIK:        0001349706
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001214659-24-007567
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TurnOnGreen Amends Series A Preferred Stock Conversion and Voting Floor Prices
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- On April 22, 2024, TurnOnGreen filed an amendment to its Series A Preferred Stock certificate of designation with the Nevada Secretary of State.
- The amendment sets a Voting Floor Price of $0.072 per share for determining the holder's votes, adjustable for stock splits and dividends.
- The conversion price floor is the greater of $0.02 per share or 80% of the market price on the conversion date, with no adjustment for stock splits.
- The amendment was approved on April 18, 2024, by the unanimous vote of the sole Series A holder and the board of directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349706/000121465924007567/0001214659-24-007567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349706/000121465924007567/g4252418k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-007567

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