{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-119706","form_type":"8-K","ticker":"TPCS","cik":"0001328792","company_name":"TECHPRECISION CORP","filed_at":"2026-10-28T21:30:06+00:00","discovered_at":"2026-10-28T21:32:00.297926+00:00","generated_at":"2026-10-28T21:32:04.578926+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TechPrecision extends $4.5M Beacon revolver to Nov 30, 2026 amid acknowledged covenant defaults","bullets":["Sixteenth Amendment to the Amended and Restated Loan Agreement with Beacon Bank & Trust extends the $4,500,000 revolver maturity from October 16, 2026 to November 30, 2026, effective October 16, 2026.","Borrowers acknowledge continuing Events of Default under Section 8.2: minimum Debt Service Coverage Ratio missed for 12-month periods ending Sept 30, 2023 through June 30, 2025.","Maximum Balance Sheet Leverage covenant breached for periods ended March 31, 2024 through June 30, 2026; Beacon reserves all remedies including acceleration and default-rate interest.","Borrowers paid Beacon a $15,000 failure-to-perform fee and $2,500 modification fee; the revolver stays interest-only at Term SOFR or Adjusted Prime, at Borrowers' election.","Other debt: $2,850,000 Ranor term loan and $4,000,000 Stadco term loan; TechPrecision, Stadco New Acquisition, Westminster and Stadco reaffirm their guaranties."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-119706","json":"https://secwatch.observer/filing/0001104659-26-119706.json","markdown":"https://secwatch.observer/filing/0001104659-26-119706.md","text":"https://secwatch.observer/filing/0001104659-26-119706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1328792/000110465926119706/0001104659-26-119706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1328792/000110465926119706/tm2628379d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-28T21:32:04.578926+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}