TechPrecision extends revolver maturity to Jan 2026, discloses ongoing covenant defaults

TECHPRECISION CORP

Revolver line maturity extended from Aug 29, 2025 to Jan 16, 2026 under Twelfth Amendment with Berkshire Bank.
Borrowers acknowledge existing defaults for failing debt service coverage ratio (Sep 2023-Jun 2025).
Also defaulted on maximum balance sheet leverage covenant (Mar 2024-Jun 2025).
Modification fee of $8,500 paid; Bank reserves all rights including acceleration and default interest.
Guarantors TechPrecision Corp, Stadco, Westminster Credit consent and waive defenses.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.