secwatch.observer — SEC 8-K summary
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Issuer:     Tectonic Financial, Inc. (—)
CIK:        0001766526
Form:       8-K/A
Filed at:   2026-01-09T23:59:59+00:00
Accession:  0001185185-26-000106
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tectonic Financial files pro forma for Spinco separation; 9M 2025 pro forma net income $9.1M vs $14.2M historical
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- Pro forma balance sheet at Sep 30, 2025: total assets $1.098B, equity $153.5M (historical equity $119.2M).
- 9M 2025 pro forma net income available to common $7.6M ($1.45 diluted EPS) vs historical $12.7M ($1.85).
- FY 2024 pro forma net income includes $27.3M gain on spin-off; diluted EPS $5.96 vs historical $1.67.
- Shares outstanding reduced by 1,529,880 to 5,546,556 pro forma due to spin-off distribution.
- Company received $35M cash from Spinco promissory note on separation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766526/000118518526000106/0001185185-26-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766526/000118518526000106/tectp8ka1010926.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-000106

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