Tecogen Inc. Completes Public Offering Raising $19.9 Million

Tecogen Inc., a company specializing in clean energy products, has successfully completed its underwritten public offering of 3,985,000 shares of common stock. This includes the full exercise of the underwriter's option to purchase an additional 485,000 shares. Priced at $5.00 per share, the gross proceeds reached approximately $19,925,000 before expenses.

Roth Capital Partners LLC managed the offering. The proceeds will fund Tecogen's product development, sales efforts, and expansion into the data center market, along with general corporate purposes.

The offering was conducted under a Registration Statement filed with the SEC. It does not constitute an offer or sale of securities in jurisdictions where such actions would be unlawful.