---
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"
generated_at: "2026-05-17T01:36:23.485927+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TurnOnGreen enters up to $1.5M convertible note financing with SJC Lending; 12% interest, 20% discount conversion

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-25-015513
- JSON: https://secwatch.observer/filing/0001214659-25-015513.json
- Plain text: https://secwatch.observer/filing/0001214659-25-015513.txt

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