TechPrecision extends $4.5M credit line to Oct 2026

TechPrecision’s Ranor subsidiary obtained a short extension of its $4.5 million revolving credit facility maturity from September 15, 2026 to October 16, 2026.

Rhea-AI Filing Summary

TECHPRECISION CORPORATION (TPCS) reports that its wholly owned subsidiary Ranor, Inc., together with certain affiliates, entered into an amendment with Beacon Bank & Trust to extend the maturity of an existing revolving credit facility. The revolving line of credit under the Amended and Restated Loan Agreement has a maximum principal amount of $4,500,000. The amendment, executed September 15, 2026, extends the Revolver Loan maturity date from September 15, 2026 to October 16, 2026, with no other material relationship between the TechPrecision group and Beacon beyond this borrowing arrangement and related loan documents.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Revolving line of credit maximum principal: $4,500,000 Original Revolver Loan maturity date: September 15, 2026 Extended Revolver Loan maturity date: October 16, 2026 +1 more

4 metrics

Revolving line of credit maximum principal $4,500,000 Maximum principal amount under the Amended and Restated Loan Agreement

Original Revolver Loan maturity date September 15, 2026 Maturity date before the latest amendment

Extended Revolver Loan maturity date October 16, 2026 New maturity date under the Fifteenth Amendment

Amendment execution date September 15, 2026 Date the Fifteenth Amendment and Eleventh Amendment to Promissory Note were executed

Key Terms

Amended and Restated Loan Agreement, revolving line of credit loan, promissory note, security and guaranty documents

4 terms

Amended and Restated Loan Agreement financial

"entered into that certain Amended and Restated Loan Agreement"

An amended and restated loan agreement is a rewritten version of an existing loan contract that replaces the old document and sets new borrowing terms—such as interest rates, repayment schedule, collateral and rules for the borrower. Think of it like renegotiating and reprinting a mortgage with changed monthly payments or house rules. Investors care because these changes affect a company’s cash flow, risk of default and financial flexibility, which can influence credit ratings and share value.

revolving line of credit loan financial

"Beacon provides a revolving line of credit loan to the Borrowers"

promissory note financial

"Eleventh Amendment to Second Amended and Restated Promissory Note"

A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

security and guaranty documents financial

"the related security and guaranty documents"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did TECHPRECISION (TPCS) announce regarding its credit facility?

TECHPRECISION disclosed that Ranor, Inc. and certain affiliates entered into an amendment with Beacon Bank & Trust that extends the maturity of their existing revolving credit facility from September 15, 2026 to October 16, 2026.

What is the size of the revolving credit facility for TECHPRECISION (TPCS)?

Under the Amended and Restated Loan Agreement with Beacon Bank & Trust, the revolving line of credit currently has a maximum principal amount of $4,500,000 available to Ranor, Inc. and certain affiliates.

Who is the lender under TECHPRECISION’s (TPCS) revolving credit agreement?

The lender is Beacon Bank & Trust, successor by merger to Berkshire Bank, under the Amended and Restated Loan Agreement providing the $4,500,000 revolving line of credit.

What are the old and new maturity dates of the TECHPRECISION (TPCS) Revolver Loan?

The Revolver Loan’s maturity date was previously September 15, 2026. The latest amendment extends that maturity to October 16, 2026.

Does TECHPRECISION (TPCS) report any other material relationship with Beacon Bank & Trust?

The company states there is no material relationship between TechPrecision, its affiliates and Beacon Bank & Trust other than the Amended and Restated Loan Agreement, related notes, security and guaranty documents, and the previously disclosed borrowing relationship.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 04:06 PM Accepted by SEC EDGAR 09/21/2026 - 04:05 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): September 15, 2026

TECHPRECISION CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware		001-41698		51-0539828
(State or Other Jurisdiction of Incorporation or Organization)		(Commission File Number)		(IRS Employer Identification No.)

1 Bella Drive

Westminster, MA 01473

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (978) 874-0591

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		TPCS		Nasdaq Capital Market

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
10.1		Fifteenth Amendment to Amended and Restated Loan Agreement and Eleventh Amendment to Second Amended and Restated Promissory Note, executed on September 15, 2026, by and among Ranor, Inc., Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Beacon Bank & Trust, successor by merger to Berkshire Bank
104		Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

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 hereunto duly authorized.

	TECHPRECISION CORPORATION
Date: September 21, 2026	By:	/s/ Phillip E. Podgorski
	Name:	Phillip E. Podgorski
	Title:	Chief Financial Officer

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EXHIBIT 10.1 49.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB