Current Report · Items 1.01, 9.01 · 8-K
TechPrecision Corporation
TPCSNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement As previously disclosed, on August 25, 2021, Ranor, Inc. (“Ranor”), a wholly owned subsidiary of TechPrecision Corporation (the “Company”), along with certain affiliates of the Company (together with Ranor, the “Borrowers”), entered into that certain Amended and Restated Loan Agreement (as amended from time to time, the “Amended and Restated Loa…
Filed Sep 21, 2026Accepted Sep 21, 2026, 4:05 PM EDTCIK 1328792Accession 0001104659-26-109295
Company context
We are a Delaware corporation organized in February 2005 under the name Lounsberry Holdings II, Inc. On February 24, 2006, we acquired all of the issued and outstanding capital stock of our wholly owned subsidiary Ranor, Inc., or “Ranor.” Ranor, together with its predecessors, has been in continuous operation since 1956. On March 6, 2006, following the acquisition of Ranor, we changed our corporate name to TechPrecision Corporation. From February 24, 2006 until our acquisition of Stadco in August 2021, our primary business was the business of Ranor.
Current securities
Registered securities in this filing
TECHPRECISION CORPORATION · 8-K · Filed 2026-09-21
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock, par value $0.0001 per share
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Filing context
Context: AsOf2026-09-15
Dimensions: Not supplied
Accession 000110465926109295 · 1 registered-security cover member
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Items 1.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement
As previously disclosed, on August 25, 2021,
Ranor, Inc. (“Ranor”), a wholly owned subsidiary of TechPrecision Corporation (the “Company”),
along with certain affiliates of the Company (together with Ranor, the “Borrowers”), entered into that certain Amended
and Restated Loan Agreement (as amended from time to time, the “Amended and Restated Loan Agreement”) with Beacon Bank &
Trust, successor by merger to Berkshire Bank (“Beacon”) under which, among other things, Beacon provides a revolving
line of credit loan to the Borrowers which currently has a maximum principal amount of $4,500,000 (the “Revolver Loan”).
Under the Amended and Restated Loan Agreement and related loan documents, as further amended, the Revolver Loan had a maturity date of
September 15, 2026. On September 15, 2026, Ranor and the other Borrowers entered into a Fifteenth Amendment to Amended and Restated Loan
Agreement and Eleventh Amendment to Second Amended and Restated Promissory Note (the “Amendment”) with Beacon.
The Amendment, among other things, extends the
maturity date of the Revolver Loan from September 15, 2026 to October 16, 2026.
Other than in respect of the Amended and Restated
Loan Agreement, the promissory notes made thereunder, the related security and guaranty documents and the previously disclosed past borrowing
relationship, there is no material relationship between Ranor, the Company and the other affiliates of the Company party thereto, on the
one hand, and Beacon, on the other hand. The description of the Amendment is qualified in its entirety by reference to the full text of
the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated by reference herein.