Document
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) March 3, 2017 (February 27, 2017)
AMERICAN DG ENERGY INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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001-34493 | | 04-3569304 |
(Commission File Number) | | (IRS Employer Identification No.) |
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45 First Avenue | | |
Waltham, Massachusetts | | 02451 |
(Address of Principal Executive Offices) | | (Zip Code) |
(781) 622-1120
(Registrant’s Telephone Number, Including Area Code)
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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:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.02. Termination of a Material Definitive Agreement
On February 27, 2017, John N. Hatsopoulos terminated the Revolving Line of Credit Agreement (the “Credit Agreement”) he had with American DG Energy (the “Company”) for $3,000,000 that was executed on December 22, 2016, and filed with the Securities and Exchange Commission on December 28, 2016. Mr. Hatsopoulos is the Co-Chief Executive Officer of the Company and a member of the board of directors. The Company has currently pulled $850,000 from the Credit Agreement and this amount will still be due as agreed to in the Credit Agreement.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following exhibits are filed:
Exhibit Description
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Date: | March 3, 2017 | AMERICAN DG ENERGY INC. |
| | By: /s/ Bonnie Brown |
| | Bonnie Brown, Chief Financial Officer |
