Techprecision Corp SEC Filings

TechPrecision Corporation has filed a Form S-1 to register the resale of up to 60,000 shares of common stock held by certain current and former directors. These shares were issued under agreements dated September 26, 2025 that resolved a disagreement over prior board compensation. All sale proceeds will go to the selling stockholders; TechPrecision will only cover registration-related expenses.

The company has 10,012,950 shares of common stock outstanding as of November 21, 2025. TechPrecision, through subsidiaries Ranor and Stadco, manufactures large, precision metal components primarily for defense and aerospace customers in the United States. The company has never paid cash dividends and states it currently intends to retain earnings for business growth, with its Berkshire Bank credit facility also restricting dividend payments.

TechPrecision Corporation reported improved quarterly results and highlighted liquidity risks. For the quarter ended September 30, 2025, revenue was $9,086 thousand, up 2% year over year, with gross margin rising to 27% from 11%. Net income was $825 thousand (basic and diluted EPS $0.08), versus a loss of $601 thousand a year ago. Ranor delivered stronger margins, while Stadco returned to positive gross profit.

Despite better profitability, liquidity remains tight. Total available liquidity was $1,400 thousand as of September 30, 2025, including $220 thousand in cash and $1,180 thousand of undrawn revolver capacity. The company acknowledged an event of default under its loan agreement for failing the balance sheet leverage covenant at March 31 and September 30, 2025. All long-term debt is classified as current, with debt, net, at $7,199 thousand and the revolver maturing on January 16, 2026. Management is seeking a revolver renewal or alternative financing and working to improve Stadco’s operations; these uncertainties raise substantial doubt about the ability to continue as a going concern.

TechPrecision Corporation furnished a press release announcing its financial results for the three months ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference.

The information under Item 2.02 and Exhibit 99.1 is expressly stated as furnished, not filed under the Securities Exchange Act of 1934, and is not subject to Section 18 liabilities nor incorporated into Securities Act filings unless specifically referenced. TechPrecision’s common stock trades on the Nasdaq Capital Market under the symbol TPCS.

TechPrecision (TPCS) insider filing: A company director reported a bona fide gift of common stock. On 11/11/2025, the reporting person disposed of 2,200 shares under transaction code G at a stated price of $0. Following the transaction, the individual directly beneficially owns 384,418 shares.

TechPrecision (TPCS) director Andrew Levy filed a Form 4 reporting a transaction in common stock. On 10/31/2025, 8,300 shares were disposed of at $0 under transaction code G.

After the transaction, the reporting person directly owns 386,618 shares. The filing is by one reporting person, and no derivative security transactions were reported.

TechPrecision Corporation reported the results of its 2025 Annual Meeting of Stockholders. A total of 9,952,950 shares were entitled to vote as of October 1, 2025, and 7,323,846 were present in person or by proxy. All director nominees were elected to one-year terms expiring at the 2026 Annual Meeting.

Stockholders ratified the selection of CBIZ CPAs P.C. as independent registered public accounting firm for the fiscal year ending March 31, 2026 by a vote of 7,110,852 For, 208,572 Against, and 4,422 Abstain. The advisory vote on executive compensation was approved with 3,863,039 For, 234,751 Against, 526,357 Abstain, and 2,699,699 broker non-votes.

TechPrecision Corp (TPCS) director Andrew Levy reported a bona fide gift of 2,000 shares of common stock on 10/20/2025 (Transaction Code G) at a reported price of $0. Following the transaction, he beneficially owns 394,918 shares, held directly.

Techprecision Corporation (TPCS) has filed its definitive proxy statement for the annual meeting scheduled for October 28, 2025. Shareholders will vote on three principal proposals: the election of five directors, the ratification of CBIZ CPAs P.C. as the independent registered public accounting firm for the fiscal year ending March 31, 2026, and an advisory vote to approve the compensation of the company’s Named Executive Officers. The board recommends a vote FOR all three proposals.

The proxy discloses director nominees and ages, board committee memberships, the company’s insider trading/hedging prohibition on derivatives and short sales, recent executive changes including the CFO transition in 2024, and option holdings: 100,000 stock options outstanding as of March 31, 2025 and option exercises by CEO Alexander Shen on August 6, 2025. Voting methods include virtual attendance, mail, mobile QR code, and internet voting with deadlines through October 27, 2025.

Walter Milton Schenker, a director of TechPrecision Corp (TPCS), filed a Form 4 disclosing purchases and holdings of the issuer's common stock. On 09/26/2025 he acquired 10,000 shares reported as a direct acquisition at a recorded price of $0, bringing his direct beneficial ownership to 63,220 shares. In addition, he reports indirect ownership of 300,902 shares held by MAZ Partners LP, of which MAZ Capital Advisors, LLC is the general partner and Mr. Schenker is the sole member and manager.

The filing includes an explanatory statement that Mr. Schenker disclaims beneficial ownership of the shares held by MAZ Partners LP except to the extent of his pecuniary interest. The Form is signed and dated 09/30/2025.