Company: TOGIW
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001214659-25-006296
Chunk: 43

Company: TurnOnGreen, Inc.
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 43
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 there is a risk that we may be more susceptible to adverse events than we would have otherwise
experienced as a subsidiary of Hyperscale. As a subsidiary of Hyperscale, we enjoyed certain benefits, including economies of scope and
scale in costs, employees and business relationships. These benefits may not be as readily achievable as a smaller, stand-alone company.

There is a limited public market for our common
stock, and there may be a large number of sales after the Distribution.

Although our common stock has been publicly traded
since 2007, due to the relatively few number of shares held in the “public float,” the relatively few number of shareholders
and the infrequency of trading, there is currently only a limited trading market for our common stock and there can be no assurance as
to the extent of the trading market that will develop following the Distribution.

Immediately after the Distribution, it is possible
that there may be a larger number of sellers than purchasers of our common stock, as new shareholders may not be interested in owning
an interest in our company attempt to sell their shares of our common stock. If such a situation exists, the price of our common stock
would likely be adversely affected.

An active, liquid trading market for our common
stock does not currently exist and may not develop after this report, and as a result, you may not be able to sell your common stock at
or above the public offering price, or at all.

A relatively inactive trading market exists for
our common stock on the Pink Open Market (Current Information). No assurance can be given as to the following:

  that we will be successful in causing our common stock to become listed on the OTCQB Market or, in the  

  the likelihood that a more active trading market for shares of our common stock will develop or be sustained;  

  the liquidity of any such market;  

  the ability of our shareholders to sell their shares of common stock; or  

  the price that our shareholders may obtain for their shares of common stock.  
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If an active market does not develop for our common
stock or is not maintained, the market price of our common stock may decline and you may not be able to sell your shares. The market price
of our common stock may be highly volatile and subject to wide fluctuations. Our financial performance, government regulatory action,
tax laws, interest rates and market conditions in general could have a significant impact on the future market price of