secwatch.observer — SEC 8-K summary
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Issuer:     TECHPRECISION CORP (TPCS)
CIK:        0001328792
Form:       8-K
Filed at:   2022-09-19T23:59:59+00:00
Accession:  0001104659-22-101034
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechPrecision stockholders approve reverse stock split; loan maturity extended to Dec 2022
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- Fourth Amendment extends Ranor Term Loan maturity from Sept 16 to Dec 15, 2022 with Berkshire Bank.
- Shareholders approved reverse stock split (1:2 to 1:5) and reduced authorized shares from 90M to 50M.
- Board increased from 4 to 5 directors; CEO Alexander Shen appointed as director effective Sept 15, 2022.
- All four director nominees elected; Marcum LLP ratified as auditor; say-on-pay approved with one-year frequency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328792/000110465922101034/0001104659-22-101034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328792/000110465922101034/tm2225997d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-101034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer