TurnOnGreen to Be Acquired by Imperalis Holding Corp.

Milpitas, CA, March 22, 2022 — TurnOnGreen, Inc., an electric vehicle (“EV”) charging and power solutions company (“TurnOnGreen”), has entered into a securities purchase agreement (the “SPA”) with Imperalis Holding Corp. (OTC Pink: IMHC) (“Imperalis”), a subsidiary of BitNile Holdings, Inc. (NYSE American: NILE)(“BitNile”), whereby TurnOnGreen will, upon closing, become a subsidiary of Imperalis (the “Acquisition”).