---
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"
generated_at: "2026-11-09T22:30:09.127691+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TechPrecision closes $10M Rosenthal facility, repays $5.8M Beacon debt; flags possible 10-Q delay

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-124612
- JSON: https://secwatch.observer/filing/0001104659-26-124612.json
- Plain text: https://secwatch.observer/filing/0001104659-26-124612.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.