TurnOnGreen, Inc. Granted Approval of Public Listing Name and Ticker Symbol Change to TOGI
TurnOnGreen, an EV charging and custom power supply company, announced that the Financial Industry Regulatory Authority approved its name change from 'Imperalis Holding Corp.' to 'TurnOnGreen, Inc.' and its ticker symbol change from 'IMHC' to 'TOGI,' effective May 21, 2024. The company’s outstanding warrants will also change from 'IMCW' to 'TOGIW.' This rebranding aims to align the company's public identity with its focus on e-mobility infrastructure and green energy solutions. CEO Amos Kohn highlighted this as a significant milestone, reinforcing the company's commitment to innovation and sustainability. President Marcus Charuvastra emphasized the goal of creating a sustainable and profitable EV charging network across North America.
- Approval of name change from 'Imperalis Holding Corp.' to 'TurnOnGreen, Inc.' aligns brand with business operations.
- Ticker symbol change to 'TOGI' reflects strategic focus on e-mobility infrastructure and green energy solutions.
- Rebranding marks a significant milestone, signaling innovation and expansion in green-energy technology.
- Commitment to driving growth and creating a sustainable, profitable EV charging network in North America.
- Focus on providing cutting-edge power solutions across multiple critical sectors.
- No immediate financial data or projections provided to support potential positive impact on stock price.
- Rebranding does not inherently guarantee improved financial performance or increased shareholder value.
- Potential costs associated with rebranding and ticker symbol change not disclosed.
Chief Executive Officer and Chairman of TurnOnGreen, Amos Kohn, stated, “We are excited to announce the official change of our corporate name and stock ticker symbol, which marks a significant milestone in our Company’s evolution and for our shareholders. This rebranding of our public listing name aligns with our commitment to advancing e-mobility infrastructure and reinforces our dedication to providing cutting-edge power solutions across multiple critical sectors. Our new public trading identity as TurnOnGreen, Inc. better represents our vision and strategic focus as we continue to innovate and expand our footprint in the green-energy technology marketplace. We look forward to delivering long-term value to our shareholders and supporting the growing demand for sustainable energy solutions in
President of TurnOnGreen, Marcus Charuvastra, added, “We are committed to driving growth and creating a dependable, sustainable, and profitable EV charging network across
For more information on TurnOnGreen’s product line, please visit www.TurnOnGreen.com.
About TurnOnGreen:
TurnOnGreen, Inc. (OTC: TOGI) designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets we serve include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility. TurnOnGreen brings decades of experience to every project, working with our clients to develop leading-edge products to meet a wide range of needs. TurnOnGreen headquarters are located at
Forward-Looking Statements:
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521484711/en/
TurnOnGreen Investor Contact:
IR@TurnOnGreen.com or (877) 634-0982
Source: TurnOnGreen, Inc.
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