Imperalis Holding Corp. announced that On March 16, 2022, Henry Nisser resigned as the Chief Executive Officer of the company. Effective immediately upon Mr. Nisser's resignation, Darren Magot was appointed as the Company's Chief Executive Officer.

Darren Magot has served as the Chief Executive officer and sole member of the Board of Directors of AC Management Inc., and AMRE Management Inc., since October 2020 and previously served as the Chief Executive Officer and as a director of Ault Alliance Inc., from January 2019 to February 2022. Mr. Magot also currently serves the Senior Vice President of BitNile Inc., since his appointment in February 2022.