---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-013383"
form_type: "8-K"
ticker: "TOGI"
cik: "0001349706"
company_name: "TurnOnGreen, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:18:33.181564+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TurnOnGreen enters $25M equity line with GCEF Opportunity Fund

## Summary
- Signed ELOC Purchase Agreement with GCEF for up to $25M of common stock over 36 months.
- Shares sold at 90% of avg daily closing price during 30-day pricing period; draw limited to 400% of 30-day avg volume.
- Commitment fee of 2% of Aggregate Limit in shares/cash; warrant for 2% of outstanding shares at strike = closing price on listing date.
- Company controls timing and amount of draws; GCEF covenant not to short or hedge.
- Minimum price threshold $0.01; beneficial ownership cap 4.99% per draw.

## SEC filing metadata
- accession: 0001214659-24-013383
- form_type: 8-K
- ticker: TOGI
- cik: 0001349706
- company_name: TurnOnGreen, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1349706/000121465924013383/0001214659-24-013383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1349706/000121465924013383/p73024138k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-013383
- JSON: https://secwatch.observer/filing/0001214659-24-013383.json
- Plain text: https://secwatch.observer/filing/0001214659-24-013383.txt

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