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EX-10.36 - EX 10.36 DEBT AMENDMENT - TECOGEN INC.tgn-201604148kex1036debtam.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________
 
FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported): April 15, 2016 (April 14, 2016)
TECOGEN INC.
(Exact Name of Registrant as Specified in Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

333-178697
 
04-3536131
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
 
45 First Avenue
 
 
Waltham, Massachusetts
 
02451
(Address of Principal Executive Offices)
 
(Zip Code)

(781) 622-1120
(Registrant's telephone number, including area code)
  
_______________________________________________
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 1.01.
Entry into a Material Definitive Agreement.
On April 14, 2016, the Company entered into an amendment of the Senior Convertible Promissory Note that was entered into on December 23, 2013 between Michaelson Capital Special Fund LP and the Company with an effective date of April 1, 2016 (the "Amendment"). Pursuant to this Amendment the parties have agreed to increase the loan amount to $3,150,000, extend the maturity date until December 23, 2018, and adjusted the conversion price to $3.54 per share.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.
    
The information in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
Item 9.01    Financial Statements Exhibits

(d) Exhibits.
Exhibit No.
Description of Exhibit
10.36
Amendment #1 to the Michaelson Debt Agreement
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
TECOGEN INC.
 
 
 
 
By: /s/ David A. Garrison
April 15, 2016
 
David A. Garrison, Chief Financial Officer