{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-124612","form_type":"8-K","ticker":"TPCS","cik":"0001328792","company_name":"TECHPRECISION CORP","filed_at":"2026-11-09T22:27:41+00:00","discovered_at":"2026-11-09T22:30:00.553211+00:00","generated_at":"2026-11-09T22:30:09.127691+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TechPrecision closes $10M Rosenthal facility, repays $5.8M Beacon debt; flags possible 10-Q delay","bullets":["$5.0M revolver plus $1.5M three-year and $3.5M five-year term loans; term loans at Prime +2.00%, revolver at Prime +0.75%/+1.25%.","Proceeds repaid ~$5.8M Beacon Bank facility, leaving $4.2M availability; closing costs ~$0.6M plus 25,000 TPCS shares issued to broker.","Covenant requires minimum tangible net worth of $5.5M; company reported $7.6M as of June 30, 2026; dividends capped at $250,000 annually.","Management says financing alleviates prior going-concern doubt; backlog was $52.7M as of June 30, 2026.","Company may miss timely filing of its Sept. 30, 2026 10-Q due to staff resources used on the financing close."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-124612","json":"https://secwatch.observer/filing/0001104659-26-124612.json","markdown":"https://secwatch.observer/filing/0001104659-26-124612.md","text":"https://secwatch.observer/filing/0001104659-26-124612.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1328792/000110465926124612/0001104659-26-124612-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1328792/000110465926124612/tm2629341d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T22:30:09.127691+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"}