Tecogen Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Tecogen Inc. will hold its 2024 Annual Meeting of Stockholders on June 6, 2024, to elect directors and ratify auditors.</b>

AI Summary

TECOGEN INC. (TGEN) filed a Proxy Statement (DEF 14A) with the SEC on April 23, 2024. The 2024 Annual Meeting of Stockholders for Tecogen Inc. will be held on June 6, 2024, at 1:00 p.m. local time. The meeting will take place at 76 Treble Cove Road, North Billerica, Massachusetts 01862. Stockholders of record as of April 9, 2024, are eligible to attend. Key agenda items include the election of seven directors and the ratification of Wolf & Company, P.C. as the independent auditor. A conference call-in option is available for stockholders to listen and ask questions, but not to vote.

Why It Matters

For investors and stakeholders tracking TECOGEN INC., this filing contains several important signals. This filing is a proxy statement, indicating the company is seeking shareholder votes on important corporate governance matters. The election of directors and ratification of auditors are standard but crucial procedures for maintaining corporate oversight and financial integrity.

Risk Assessment

Risk Level: low — TECOGEN INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational concerns indicated.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director elections and auditor ratification.

Key Numbers

• 7 — Directors to be elected (To hold office until the next annual meeting.)
• June 6, 2024 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
• April 9, 2024 — Record Date (Date to determine stockholders eligible to vote.)

Key Players & Entities

• TECOGEN INC. (company) — Registrant
• June 6, 2024 (date) — Date of Annual Meeting
• April 9, 2024 (date) — Record Date
• Wolf & Company, P.C. (company) — Proposed independent auditor
• 76 Treble Cove Road, North Billerica, Massachusetts 01862 (location) — Meeting location

FAQ

Risk Factors

• Proxy Statement Filing [low — regulatory]: The company is filing a DEF 14A, which is a definitive proxy statement required for soliciting shareholder votes.

Industry Context

Tecogen Inc. operates in the air conditioning, heating, and industrial refrigeration equipment sector.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Rule 14a-101, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the proposal to ratify the appointment of Wolf & Company, P.C. as independent auditor.
3. Understand the voting procedures and deadlines for submitting proxies.

Key Dates

• 2024-06-06: Annual Meeting of Stockholders — Election of directors and ratification of auditors.
• 2024-04-09: Record Date — Determines eligibility to vote at the Annual Meeting.

Glossary

DEF 14A

Definitive Proxy Statement (This filing is the official document used to solicit shareholder votes for the annual meeting.)

Record Date

A specific date set by the company to determine which shareholders are entitled to receive notice of and vote at a shareholder meeting. (Establishes eligibility for voting on director elections and auditor ratification.)

Year-Over-Year Comparison

This is the initial filing for the 2024 Annual Meeting of Stockholders.

Filing Documents

• tgendef14a2024.htm (DEF 14A) — 626KB
• tecogenproxycard001.jpg (GRAPHIC) — 148KB
• tecogenproxycard002.jpg (GRAPHIC) — 130KB
• 0001537435-24-000044.txt (&nbsp;) — 1011KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 10 Corporate Governance 13 Report of the Audit Committee 16 Compensation of Directors and Executive Officers 17 Pay Versus Performance 23 Certain Relationships and Related Transactions and Director Independence 25 Audit Fees Summary 25 Proposals Recommended for Consideration by Stockholders 27 PROPOSAL 1 - Election of Directors 27 PROPOSAL 2 - Ratification of Appointment of Independent Registered Public Accounting Firm 28 PROPOSAL 3 - Approval of Amendment to Our Amended and Restated Certificate of Incorporation 28 PROPOSAL 4 - Non-Binding Advisory Vote on Named Executive Officer Compensation 34 Additional Information 35 APPENDIX I Proxy Card # TECOGEN INC. PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS To be held on June 6, 2024 INFORMATION ABOUT THE 2024 ANNUAL MEETING AND VOTING WHY DID YOU FURNISH ME WITH THIS PROXY STATEMENT This Proxy Statement and accompanying Proxy Card are being furnished in connection with the solicitation of proxies by the Board of Directors of Tecogen Inc. (Tecogen, Company, we, our, or us) for the 2024 Annual Meeting of Stockholders, to be held on June 6, 2024, at 100 p.m., local time, and at any adjournments or postponements of the Annual Meeting. In addition to attending the meeting in person and to facilitate greater shareholder access and participation, we are also making available a conference call-in number to permit you to listen to the meeting and ask questions during the meeting. You may listen to the Annual Meeting and ask questions during the meeting by calling 877-407-7186 (or +1 201-689-8488 from outside the United States) and inputting the meeting number 13746035. You will be able to vote your shares by following the instructions in this notice. You will not be able to vote your shares through participation in the meeting via conference call. This Proxy Statement summarizes the information you need to make

View Full Filing

View this DEF 14A filing on SEC EDGAR