---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-067776"
form_type: "8-K"
ticker: "TPCS"
cik: "0001328792"
company_name: "TECHPRECISION CORP"
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:44:47.779438+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TechPrecision subsidiary extends revolver to Aug 2024, cuts line to $4.5M, acknowledges defaults

## Summary
- Revolver maturity extended to Aug 30, 2024; maximum principal reduced from $5M to $4.5M.
- Interest rate margin on revolver increases to 2.50% per annum effective June 1, 2024 (from 2.25%).
- Borrowers acknowledge existing defaults on Debt Service Coverage Ratio for periods ended Sep 30, 2023 and Dec 31, 2023.
- Borrowers must obtain an operational assessment from a third-party consultant by July 31, 2024.

## SEC filing metadata
- accession: 0001104659-24-067776
- form_type: 8-K
- ticker: TPCS
- cik: 0001328792
- company_name: TECHPRECISION CORP
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1328792/000110465924067776/0001104659-24-067776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1328792/000110465924067776/tm2416208d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-067776
- JSON: https://secwatch.observer/filing/0001104659-24-067776.json
- Plain text: https://secwatch.observer/filing/0001104659-24-067776.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.