BitNile Holdings: Announces Postponement of the Distribution of Securities of Imperalis Holding

BitNile Holdings: Announces Postponement of the Distribution of Securities of Imperalis Holding

• BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses
• Imperalis Holding Corp. (to be renamed TurnOnGreen, Inc.) designs and manufactures innovative, feature-rich
• Announced that the record date for the stock dividend for the spinoff of Imperalis Holding, to be renamed TurnOnGreen
• The Company’s Board of Directors declared a pro rata dividend to the stockholders of (i) 140 million shares
• Federal securities laws require that the Distribution Securities have been registered for distribution prior to the date set therefor
• The Company remains intent on effectuating the Distribution as soon as it may do so in compliance with federal securities