debt
confidence high
sentiment neutral
materiality 0.50
TurnOnGreen ups credit line with affiliate Hyperscale Data to $8M, extends to Dec 2026
TurnOnGreen, Inc.
- Credit limit increased from $2M to $8M; termination extended from Dec 31, 2023 to Dec 31, 2026.
- Additional advances of $2.26M made since Nov 2023 are now included as Advances under the amended agreement.
- Lender Hyperscale Data, Inc. is an affiliate; amendment retroactively effective to Dec 31, 2023.