TechPrecision extends $4.5M revolver maturity to Oct 16, 2026; acknowledges loan defaults

TECHPRECISION CORP

Fifteenth amendment extends Line of Credit maturity from Sep 15, 2026 to Oct 16, 2026.
Existing defaults: missed DSCR for periods ending Sep 2023–Jun 2025 and max leverage for periods ending Mar 2024–Jun 2026.
Borrowers paid $15,000 failure-to-perform fee and $2,500 modification fee under the amendment.
Lender expressly reserves right to accelerate and demand immediate repayment despite the extension.

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.