TurnOnGreen Files 8-K with Corporate Updates

Ticker: TOGIW · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1349706

Turnongreen, Inc. 8-K Filing Summary
FieldDetail
CompanyTurnongreen, Inc. (TOGIW)
Form Type8-K
Filed DateAug 15, 2024
Risk Levelmedium
Pages2
Reading Time3 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: corporate-action, filing

TL;DR

TurnOnGreen filed an 8-K on 8/15/24 detailing corporate changes and financial updates.

AI Summary

TurnOnGreen, Inc. filed an 8-K on August 15, 2024, reporting material modifications to the rights of security holders and amendments to its articles of incorporation or bylaws. The filing also includes financial statements and exhibits, indicating significant corporate actions and disclosures.

Why It Matters

This 8-K filing signals significant corporate actions and potential changes affecting TurnOnGreen's security holders and governance structure.

Risk Assessment

Risk Level: medium — 8-K filings often contain material information that can impact a company's stock price, requiring careful investor attention.

Key Players & Entities

  • TurnOnGreen, Inc. (company) — Registrant
  • August 15, 2024 (date) — Filing Date
  • Nevada (jurisdiction) — State of Incorporation
  • 000-52140 (identifier) — SEC File Number
  • 20-5648820 (identifier) — IRS Number

FAQ

What specific material modifications to the rights of security holders are detailed in this 8-K?

The filing indicates material modifications to the rights of security holders, but the specific details are not provided in the header information. The full text of the 8-K would be required for specifics.

What amendments to the articles of incorporation or bylaws are reported?

The 8-K reports amendments to the articles of incorporation or bylaws, but the exact nature of these amendments is not detailed in the provided header.

What financial statements and exhibits are included with this filing?

The filing states that financial statements and exhibits are included, but their specific content is not listed in the header.

When was TurnOnGreen, Inc. incorporated?

TurnOnGreen, Inc. was incorporated in Nevada.

What is the SEC file number for TurnOnGreen, Inc.?

The SEC file number for TurnOnGreen, Inc. is 000-52140.

Filing Stats: 661 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-08-15 16:30:19

Key Financial Figures

  • $0.001 — e redeemable preferred stock, par value $0.001 per share (the " Series A Preferred Sto

Filing Documents

03 Material Modification to Rights of Security Holders

Item 3.03 Material Modification to Rights of Security Holders. The information contained in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.

03 Amendments to Articles of Incorporation; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation; Change in Fiscal Year. On August 9, 2024, TurnOnGreen, Inc., a Nevada corporation (the " Company ") amended its articles of incorporation by the filing with the Secretary of State of the Series A convertible redeemable preferred stock, par value $0.001 per share (the " Series A Preferred Stock "). The Series A COD Amendment was approved on August 9, 2024, by the affirmative vote of the holder of all the Series A Preferred Stock outstanding as of such date and by the unanimous affirmative vote of the board of directors of the Company on August 9, 2024. The Series A COD Amendment became effective upon filing with the Secretary of State of the State of Nevada. Pursuant to the Series A COD Amendment, the holder of the Series A Preferred Stock, which is a related party, waived all accrued and future dividends in exchange for an increase in the liquidation preference to 125% from 100%. The foregoing description of Series A COD Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Series A COD Amendment, a copy of which is attached as Exhibit 3.1 to this Current Report on Form 8-K, which is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 3.1 Amendment to the Certificate of Designations of Preferences, Rights and Limitations of Series A Convertible Redeemable Preferred Stock, filed with the Nevada Secretary of State on August 9, 2024. 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TURNONGREEN, INC. Dated: August 15, 2024 /s/ Amos Kohn Amos Kohn Chief Executive Officer and Chairman -3-

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