Tecogen Inc.

25/07/2024 | Press release | Distributed by Public on 25/07/2024 16:43

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.
On July 23, 2024, Tecogen Inc. (the "Company") borrowed $500,000 from Mr. John N. Hatsopoulos, a director and principal shareholder of the Company, and executed a promissory note in favor of Mr. Hatsopoulos with a maturity of one year and an interest rate of 5.06% on the terms and conditions set forth therein and the Note Subscription Agreement dated October 9, 2023, as amended.