Filing Details

Accession Number:
0001214659-22-012317
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-10-14 16:30:23
Reporting Period:
2022-10-12
Accepted Time:
2022-10-14 16:30:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1349706 Imperalis Holding Corp. IMHC Electronic Components, Nec (3679) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
896493 Bitnile Holdings, Inc. 11411 Southern Highlands Parkway
Suite 240
Las Vegas NV 89141
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-10-12 10,990,142 $0.01 11,006,643 No 4 C Indirect By Ault Lending, LLC
Common Stock Acquisiton 2022-10-12 3,499 $0.25 11,010,142 No 4 P Indirect By Ault Lending, LLC
Common Stock Acquisiton 2022-10-13 5,000 $0.23 11,015,142 No 4 P Indirect By Ault Lending, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Ault Lending, LLC
No 4 P Indirect By Ault Lending, LLC
No 4 P Indirect By Ault Lending, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Convertible Promissory Note Disposition 2022-10-12 0 $0.00 10,990,142 $0.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2021-12-15 2023-12-15 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 129,363,756 Indirect By BitNile, Inc.
Footnotes
  1. Ault Lending, LLC, formerly known as Digital Power Lending, LLC ("Ault Lending"), converted the entire principal and accrued interest of the Convertible Promissory Note into 10,990,142 shares of the Issuer's common stock at a conversion price of $0.01 per share. The original principal amount of the Convertible Promissory Note was $101,528.77, accrued interest at 10% per annum, and had a maturity date of December 15, 2023.
  2. Ault Lending is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
  3. The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2528. The range of purchase prices on the transaction date was $0.252 to $0.255 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
  4. BitNile, Inc. ("BNI") is a wholly-owned subsidiary of BH. Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by BNI.