{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-25-015513","form_type":"8-K","ticker":"TOGI","cik":"0001349706","company_name":"TurnOnGreen, Inc.","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.210709+00:00","generated_at":"2026-05-17T01:36:23.485927+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TurnOnGreen enters up to $1.5M convertible note financing with SJC Lending; 12% interest, 20% discount conversion","bullets":["Total principal amount up to $1.65M; initial tranche of $440K principal ($400K cash) issued at closing on October 29, 2025.","Notes bear 12% interest (20% upon default), mature one year; conversion price is greater of $0.035 or 20% discount to lowest 10-day VWAP.","Company grants security interests on substantially all assets and pledges subsidiary stock as collateral via IP, Security, and Pledge Agreements.","Covenants restrict dividends, additional debt, asset sales, and variable-rate transactions; SJC gets right of first refusal on future equity offerings for one year.","Proceeds intended for general corporate purposes; offering exempt under Section 4(a)(2) of the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-25-015513","json":"https://secwatch.observer/filing/0001214659-25-015513.json","markdown":"https://secwatch.observer/filing/0001214659-25-015513.md","text":"https://secwatch.observer/filing/0001214659-25-015513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1349706/000121465925015513/0001214659-25-015513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1349706/000121465925015513/i10292518k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:36:23.485927+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}