secwatch.observer — SEC 8-K summary
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Issuer:     TECHPRECISION CORP (TPCS)
CIK:        0001328792
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001104659-23-024816
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechPrecision announces 1-for-4 reverse stock split effective Feb 24, 2023; authorized shares reduced to 50M
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- Reverse stock split at 1-for-4 ratio effective for trading on OTCQB on Feb 24, 2023.
- Outstanding shares reduced from ~34.4M to ~8.6M; no fractional shares issued.
- Temporary trading symbol 'TPCSD' for 20 business days, then returns to 'TPCS'.
- Authorized shares reduced from 90M to 50M; new CUSIP 878739 200.
- Purpose: to prepare for potential listing on Nasdaq Capital Market or other national exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1328792/000110465923024816/0001104659-23-024816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1328792/000110465923024816/tm237570d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-024816

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