Every material Form 8-K TECHPRECISION CORP has filed with the SEC since September 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
TechPrecision and its subsidiaries Ranor and Stadco entered a $10.0 million credit agreement with Rosenthal & Rosenthal on November 3, 2026, and used the proceeds to repay the prior Beacon Bank & Trust loan agreement. The facility includes a revolving line of up to $5.0 million and two term loans, and it requires a minimum quarterly tangible net worth of $5.5 million. The company also said it may be unable to file its Form 10-Q for the period ended September 30, 2026 on time.
Facility includes a $5.0 million revolving line, a $1.5 million three-year term loan and a $3.5 million five-year term loan, secured by substantially all personal property and a first mortgage on Ranor's Westminster, Massachusetts facility
Prior Beacon Bank & Trust loan agreement was terminated and repaid in full on November 3, 2026; closing costs were approximately $0.6 million.
Company issued 25,000 shares of common stock to the broker that introduced the lender.
Management expects the financing to alleviate the substantial doubt about going concern; tangible net worth was $7.6 million as of June 30, 2026 against the $5.5 million covenant.
TechPrecision's subsidiary Ranor and affiliated borrowers signed a sixteenth amendment to their Beacon Bank & Trust loan agreement, extending the maturity of the $4,500,000 revolving line of credit from October 16, 2026 to November 30, 2026. The amendment was effective October 16, 2026, and the filing describes it as a routine extension of an existing facility, with no change to the loan amount disclosed.
Revolver Loan maximum principal amount: $4,500,000
Maturity extended from October 16, 2026 to November 30, 2026
Amendment signed October 22, 2026, effective as of October 16, 2026
At its September 29, 2026 annual meeting, TechPrecision stockholders approved an amended and restated 2016 Equity Incentive Plan that adds 750,000 shares and extends the plan's expiration to September 29, 2036. All five director nominees were elected to one-year terms, and stockholders ratified CBIZ CPAs P.C. as the independent auditor for the fiscal year ending March 31, 2027. The plan change increases the number of shares available for equity awards to employees and others under the plan.
Plan amendment adds 750,000 shares and extends expiration to September 29, 2036; approved with 3,388,818 for and 401,137 against
All five director nominees, including Andrew A. Levy and Robert D. Straus, were elected to one-year terms expiring at the 2027 annual meeting
CBIZ CPAs P.C. ratified as independent registered public accounting firm with 6,505,347 votes for
Advisory say-on-pay proposal approved with 3,502,890 votes for and 311,496 against
TechPrecision's subsidiary Ranor and other borrowers signed a fifteenth amendment to their loan agreement with Beacon Bank & Trust on September 15, 2026. The amendment extends the maturity of the $4.5 million revolving line of credit from September 15, 2026 to October 16, 2026, a short extension of the existing facility.
Revolving line of credit maximum principal amount: $4,500,000
Maturity extended from September 15, 2026 to October 16, 2026
Amendment executed September 15, 2026 with Beacon Bank & Trust, successor by merger to Berkshire Bank
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every TECHPRECISION CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →