TechPrecision (NASDAQ: TPCS) extends $4.5M revolver to May 2026 maturity

Rhea-AI Filing Summary

TechPrecision Corporation reports that its subsidiary Ranor, Inc. and affiliated borrowers have amended their revolving credit facility. The revolving line of credit, which currently has a maximum principal amount of $4,500,000, was issued under an Amended and Restated Loan Agreement originally with Berkshire Bank, now Beacon Bank & Trust as successor by merger.

The latest amendment extends the maturity date of this $4,500,000 revolving loan from January 16, 2026 to May 15, 2026. The company states there is no material relationship with Beacon beyond this loan agreement, related notes, security and guaranty documents, and the previously disclosed borrowing relationship.

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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): January 12, 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 Berkshire Bank under which, among other things, Berkshire Bank provided 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 January 16, 2026. On January 12, 2026, Ranor and the other Borrowers entered into a Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note (the “Amendment”) with Beacon Bank & Trust, successor by merger to Berkshire Bank (“Beacon”).

The Amendment, among other things, extends the maturity date of the Revolver Loan from January 16, 2026 to May 15, 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		Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note, executed on January 12, 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: January 14, 2026	By:	/s/ Phillip E. Podgorski
	Name:	Phillip E. Podgorski
	Title:	Chief Financial Officer

FAQ

What change did TechPrecision (TPCS) disclose in this 8-K?

TechPrecision disclosed an amendment to its revolving credit facility that extends the maturity date of the loan from January 16, 2026 to May 15, 2026.

What is the size of TechPrecision's revolving credit facility?

The revolving line of credit provided to TechPrecision's borrowers currently has a maximum principal amount of $4,500,000.

Which entities are party to TechPrecision's amended loan agreement?

Ranor, Inc., certain affiliates of TechPrecision, and Beacon Bank & Trust, as successor by merger to Berkshire Bank, are parties to the amended loan agreement.

What is the new maturity date of TechPrecision's revolver?

The amendment extends the maturity date of the revolving loan to May 15, 2026.

Does TechPrecision have any other material relationship with Beacon Bank & Trust?

The company states there is no material relationship with Beacon Bank & Trust other than the loan agreement, related notes, security and guaranty documents, and the previously disclosed borrowing relationship.

Where can investors find the full text of TechPrecision's loan amendment?

The full text of the amendment is filed as Exhibit 10.1, titled "Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note."