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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 29, 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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers. |
On September 2, 2026, the Board of Directors (the
“Board”) of TechPrecision Corporation (the “Company”) adopted an amendment and restatement of the
TechPrecision Corporation 2016 Equity Incentive Plan (as amended and restated, the “Amended and Restated Plan”), subject
to stockholder approval at the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual
Meeting, held on September 29, 2026, the Company’s stockholders approved the Amended and Restated Plan to, among other changes,
increase the number of shares of the Company’s Common Stock authorized for issuance under the Amended and Restated Plan by 750,000
shares and extend the expiration of the Amended and Restated Plan to September 29, 2036. A description of the Amended and Restated Plan
was set forth in the section titled “Amended and Restated Plan Summary” of the Company’s Proxy Statement dated September
2, 2026 (the “Proxy Statement”) which was filed with the Securities and Exchange Commission and distributed to stockholders.
The descriptions of the Amended and Restated Plan contained herein and in the Proxy Statement are qualified in their entirety by reference
to the Amended and Restated Plan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On September 29, 2026, the Company held the Annual
Meeting. A total of 10,133,261 shares of the Company’s common stock were entitled to vote as of August 27, 2026, the record
date for the Annual Meeting, of which 6,783,109 were present in person or by proxy at the Annual Meeting. The final results for
each of the matters submitted to a vote of stockholders at the Annual Meeting are as follows:
Proposal
No. 1: All of the nominees for director listed below were elected to serve for a one-year term expiring on the
date of the Company’s 2027 Annual Meeting of Stockholders (and until their successors are duly elected and qualified) by the votes
set forth in the table below:
| Nominee | |
For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| Andrew A. Levy | |
| 2,298,408 | | |
| 1,381,397 | | |
| 263,455 | | |
| 2,839,849 | |
| General Victor E. Renuart Jr. (Ret.) | |
| 3,903,999 | | |
| 39,221 | | |
| 40 | | |
| 2,839,849 | |
| Walter M. Schenker | |
| 2,123,132 | | |
| 1,688,648 | | |
| 131,480 | | |
| 2,839,849 | |
| Alexander Shen | |
| 2,691,374 | | |
| 422,149 | | |
| 829,737 | | |
| 2,839,849 | |
| Robert D. Straus | |
| 3,584,548 | | |
| 20,694 | | |
| 338,018 | | |
| 2,839,849 | |
Proposal
No. 2: The selection of CBIZ CPAs P.C. as the Company’s independent registered public accounting firm for the fiscal
year ending on March 31, 2027 was ratified by the Company’s stockholders by the votes set forth in the table below:
| For | | |
Against | | |
Abstain | |
| | 6,505,347 | | |
| 192,188 | | |
| 85,574 | |
Proposal
No. 3: The compensation of the Company’s Named Executive Officers as disclosed in the Company’s Proxy Statement
dated September 2, 2026 was approved by the Company’s stockholders on an advisory, non-binding basis by the votes set forth in the
table below:
| For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| | 3,502,890 | | |
| 311,496 | | |
| 128,874 | | |
| 2,839,849 | |
Proposal
No. 4: The Amended and Restated Plan was approved by the Company’s stockholders by the votes set forth in the table below:
| For | | |
Against | | |
Abstain | | |
Broker Non-Votes | |
| | 3,388,818 | | |
| 401,137 | | |
| 153,305 | | |
| 2,839,849 | |
| Item 9.01 | Financial Statements and Exhibits. |
|
Exhibit
Number |
Description |
| 10.1 |
TechPrecision Corporation 2016 Equity Incentive Plan, as amended and restated |
| 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 29, 2026 |
By: |
/s/ Phillip E. Podgorski |
| |
Name: |
Phillip E. Podgorski |
| |
Title: |
Chief Financial Officer |