TechPrecision extends revolver maturity to Aug 29, 2025; acknowledges existing default on covenants

TECHPRECISION CORP

Extended $4.5M revolver maturity from April 30 to Aug 29, 2025.
Borrowers acknowledge existing defaults on DSCR and leverage covenants for multiple periods from Sep 2023 to Dec 2024.
Lender reserves all rights, including acceleration; modification fee of $7,500 paid.
Lender consents to CFO changes: resignation of Richard Roomberg, appointment of Phillip Podgorski as CFO.

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