Tecogen (TGEN) Registration Filing summary

Use of proceeds and capital allocation

• Estimated offering expenses include SEC registration, NYSE listing, FINRA filing, accounting, legal, printing, and miscellaneous fees totaling approximately $217,021, excluding underwriting discounts and commissions.

Risk factors and disclosures

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

• Indemnification for directors and officers is provided to the fullest extent permitted by Delaware law, with advancement of expenses and maintenance of a $10 million liability insurance policy.

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

Management team and governance

• Principal executive, financial, and accounting officers are identified, with board and committee structure in place.

• Board includes independent directors and lead director, with attorney-in-fact authorized for filings.