TurnOnGreen Files Proxy Statement for July 19 Meeting
Ticker: TOGIW · Form: DEF 14A · Filed: Jul 2, 2024 · CIK: 1349706
| Field | Detail |
|---|---|
| Company | Turnongreen, Inc. (TOGIW) |
| Form Type | DEF 14A |
| Filed Date | Jul 2, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Key Dollar Amounts | $0.02, $0.072 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, corporate-governance
TL;DR
TurnOnGreen proxy filed, shareholders vote July 19.
AI Summary
TurnOnGreen, Inc. filed a definitive proxy statement (DEF 14A) on July 2, 2024, for its annual meeting on July 19, 2024. The filing concerns the solicitation of proxies from shareholders regarding matters to be voted on at the meeting. The company, previously known as IMPERALIS HOLDING CORP. and COLOURED (US) INC., is incorporated in Nevada and headquartered in Milpitas, California.
Why It Matters
This filing is crucial for shareholders as it outlines the agenda and proposals for the annual meeting, allowing them to make informed voting decisions on company matters.
Risk Assessment
Risk Level: low — This is a routine proxy filing and does not contain new financial information or significant corporate actions that would inherently increase risk.
Key Numbers
- 13 — Public Documents (Number of documents included in the filing)
Key Players & Entities
- TurnOnGreen, Inc. (company) — Registrant
- IMPERALIS HOLDING CORP. (company) — Former Company Name
- COLOURED (US) INC. (company) — Former Company Name
- 20240719 (date) — Meeting Date
- 20240702 (date) — Filing Date
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this DEF 14A filing is to solicit proxies from shareholders for the annual meeting of TurnOnGreen, Inc.
When is the annual meeting scheduled to take place?
The annual meeting is scheduled to take place on July 19, 2024.
What was TurnOnGreen, Inc. formerly known as?
TurnOnGreen, Inc. was formerly known as IMPERALIS HOLDING CORP. and COLOURED (US) INC.
In which state is TurnOnGreen, Inc. incorporated?
TurnOnGreen, Inc. is incorporated in Nevada (NV).
What is the business address of TurnOnGreen, Inc.?
The business address of TurnOnGreen, Inc. is 1421 McCarthy Blvd., Milpitas, CA 95035.
Filing Stats: 4,882 words · 20 min read · ~16 pages · Grade level 12.8 · Accepted 2024-07-02 16:30:29
Key Financial Figures
- $0.02 — rsion price equal to the greater of (i) $0.02 per share (the " Floor Price "), which
- $0.072 — rice as of the Record Date be less than $0.072. As of the Record Date, the holders of
Filing Documents
- z71242def14a.htm (DEF 14A) — 1127KB
- comptable_01.jpg (GRAPHIC) — 79KB
- comptable_02.jpg (GRAPHIC) — 76KB
- comptable_03.jpg (GRAPHIC) — 64KB
- evcharging_1.jpg (GRAPHIC) — 52KB
- evcharging_2.jpg (GRAPHIC) — 52KB
- evcharging_networksize.jpg (GRAPHIC) — 94KB
- exproxrb-001.jpg (GRAPHIC) — 99KB
- exproxrb-002.jpg (GRAPHIC) — 119KB
- powerelectronics.jpg (GRAPHIC) — 62KB
- proxsb-001.jpg (GRAPHIC) — 80KB
- proxsb-002.jpg (GRAPHIC) — 89KB
- tog_logo.jpg (GRAPHIC) — 23KB
- 0001214659-24-011841.txt ( ) — 2355KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 20 Summary Compensation Table 20 Termination Provisions 20 Outstanding Equity Awards at Fiscal Year End 20 Director Compensation 20 Stock Incentive Plans 20 CEO Pay Ratio 20 Pay Versus Performance 21
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 24 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 25 PROPOSALS OF SHAREHOLDERS FOR THE 2025 MEETING 27 OTHER BUSINESS 27 ANNEX A – ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 A-1 ANNEX B – PROXY CARDS B-1 TURNONGREEN, INC. 1421 McCarthy Blvd. Milpitas, CA 95035 Telephone: (510) 657-2635 DEFINITIVE PROXY STATEMENT FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON July 19, 2024 INFORMATION CONCERNING THE ANNUAL MEETING General The enclosed proxy is solicited by the Board of Directors (the “ Board ”) of TurnOnGreen, Inc. (the “ Company ”), for use at the Annual Meeting of the Company’s shareholders (the “ Meeting ”) to be held in virtual format on July 19, 2024 at 12:00 P.M. Eastern Time and at any adjournments thereof. Whether or not you expect to attend the Meeting, please vote your shares as promptly as possible to ensure that your vote is counted. The proxy materials will be furnished to shareholders on or about June 28, 2024. The Meeting will be held in a virtual meeting format only. You will not be able to attend the Meeting in person. To access the virtual meeting please click the Virtual Shareholder Meeting link: meetnow.global/MH4RV7F . To login to the virtual meeting you have two option: Join as a “Guest” or Join as a “Shareholder.” If you join as a “Shareholder” you will be required to have a control number. Action to be taken under Proxy Unless otherwise directed by the giver of the proxy, the persons named in the form of proxy, namely, Amos Kohn, the Company's Chief Executive Officer and Marcus Charuvastra, its President, or either of them who acts, will vote: · To elect the three (3) director nominees named in the Proxy Statement to hold office until the next annual meeting of shareholders (the " Director Proposal "); · To ratify t