Tecogen (TGEN) Registration Filing summary

Use of proceeds and capital allocation

• Estimated offering expenses, excluding underwriting discounts and commissions, total $217,021, including legal, accounting, and listing fees.

• SEC registration and FINRA filing fees are specified as $3,521 and $3,500, respectively.

Risk factors and disclosures

• Charter eliminates personal liability for directors for monetary damages except in cases of breach of loyalty, bad faith, intentional misconduct, or improper personal benefit.

• Indemnification for directors, officers, and employees is provided to the fullest extent permitted by Delaware law, with advancement of expenses in legal proceedings.

• Directors and officers are covered by a $10 million liability insurance policy with a $1 million deductible per claim.

• Indemnification for Securities Act liabilities is unenforceable as per SEC policy.

Management team and governance

• Principal executive and financial officer is Abinand Rangesh.

• Principal accounting officer is Roger P. Deschenes.

• Board includes Angelina M. Galiteva (Chairperson), John N. Hatsopoulos (Lead Director), Ahmed F. Ghoniem, Earl R. Lewis III, Susan F. Hirsch, and John M. Albertine.

• John K. Whiting, IV serves as General Counsel and Attorney-in-Fact.