TECHPRECISION CORP — fact timeline

TECHPRECISION CORP reported fiscal year 2027 results: revenue $35.0 million - $37.0 million. Guidance initiated.

“2027 Full year consolidated revenue is projected to be between $35.0 million - $37.0 million with EBITDA of $3.0 million - $4.0 million”

TECHPRECISION CORP reported twelve months ended March 31, 2026 results: revenue $31.6 million, net income $1.6 million.

“million, compared with net income of $0.1 million in the same period a year ago. Consolidated Financial Results - Fiscal 2026 Twelve Months Ended March 31, 2026 · Revenue was $31.6 million, a 7% decrease on a favorable but different mix of customer projects. · Cost of revenue was $26.7 million, or a 10% decrease on lower revenue but improving manufacturing process.”

TECHPRECISION CORP reported three months ended March 31, 2026 results: revenue $8.1 million, net income $0.4 million.

“the three and twelve months ended March 31, 2026 to the same prior year period: Consolidated Financial Results - Fiscal 2026 Three Months Ended March 31, 2026 · Revenue was $8.1 million, a 15% decrease on a changing project mix at both segments. · Cost of revenue was $7.0 million, or a 6% decrease in lower manufacturing costs. · Gross profit was $1.1 million, a”

TECHPRECISION CORP amended Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note with Beacon Bank & Trust (successor by merger to Berkshire Bank) valued at Extension of maturity date of Revolver Loan from January 16, 2026 to May 15, 2026 (effective 2026-01-12).

“On January 12, 2026, Ranor and the other Borrowers entered into a Thirteenth Amendment to Amended and Restated Loan Agreement and Ninth Amendment to Second Amended and Restated Promissory Note (the “ Amendment ”) with Beacon Bank & Trust, successor by merger to Berkshire Bank (“ Beacon ”).”

TECHPRECISION CORP: Amended the 2016 Equity Incentive Plan to eliminate the ability to reprice stock options without stockholder approval (effective 2025-08-08).

“On August 8, 2025, the Board of Directors (the “ Board ”) of TechPrecision Corporation (the “ Company ”) approved an amendment (the “ Amendment ”) to the Company’s 2016 Equity Incentive Plan, as amended (the “ Plan ”). The Amendment, which became effective upon its signature by an executive officer, amends the Plan to eliminate the Company’s ability to reprice stock options without obtaining stockholder approval.”

TECHPRECISION CORP: Amended and restated bylaws to implement a majority vote standard in uncontested director elections, require director resignation if majority not received, and grant 20% stockholders ability to call special meetings (effective 2025-08-08).

“On August 8, 2025, the Board of the Company approved and adopted the amendment and restatement of the Company’s Amended and Restated By-laws (as further amended and restated, the “ Bylaws ”), effective on such date. Among other things, the amendments contained in the Bylaws: · Implement a majority vote standard in uncontested elections of directors, while retaining a plurality vote standard in contested elections in which the number of director candidates exceeds the number of directors to be elected; · Require director nominees who do not receive the majority of votes cast in an uncontested election to submit their resignation to the Board, which the Board will decided whether to accept or reject; and · Grant stockholders owning 20% or more of the voting power of the outstanding shares of common stock of the Company entitled to vote the ability, subject to certain requirements set forth in the Bylaws, to request that the Board call a special meeting of stockholders.”

TECHPRECISION CORP received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“July 18, 2025, TechPrecision Corporation (the “ Company ”) received a notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”) because it had not timely filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2025 (the “ Form 10-K ”) with the Securities and Exchange Commission (the “ SEC ”) on or before July 15, 2025, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amen”

Barbara M. Lilley changed role as Interim Chief Financial Officer at TECHPRECISION CORP.

“Barbara M. Lilley stepped down as the Company’s Interim Chief Financial Officer and will retain her position as Controller of Ranor, Inc., a wholly owned subsidiary of the Company, effective on the Transition Date.”

Phillip E. Podgorski was appointed as Chief Financial Officer at TECHPRECISION CORP.

“On March 31, 2025, TechPrecision Corporation (the “ Company ”) announced that the Board of Directors (the “ Board ”) of the Company appointed Phillip E. Podgorski to serve as the Chief Financial Officer of the Company, effective March 31, 2025”

Alexander Shen changed role as interim principal financial officer and principal accounting officer at TECHPRECISION CORP.

“Mr. Shen will no longer be the principal financial officer and principal accounting officer of the Company, as Ms. Lilley assumed those responsibilities upon her appointment as Interim Chief Financial Officer.”

Barbara M. Lilley was appointed as Interim Chief Financial Officer, principal financial officer and principal accounting officer at TECHPRECISION CORP.

“On March 7, 2025, the Board appointed Barbara M. Lilley, 66, the Controller of Ranor, Inc., one of the Company’s operating subsidiaries, to serve as Interim Chief Financial Officer, principal financial officer and principal accounting officer, in addition to her current duties, while the Board is engaged in a search to identify the Company’s next Chief Financial Officer.”

TECHPRECISION CORP received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“February 21, 2025, TechPrecision Corporation (the “ Company ”) received a notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”) because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024 (the “ Form 10-Q ”) with the Securities and Exchange Commission (the “ SEC ”) on or before February 19, 2025, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act”

Alexander Shen was appointed as interim principal financial officer and principal accounting officer at TECHPRECISION CORP.

“On February 14, 2025, the Board of Directors of the Company, appointed Alexander Shen, the Company’s Chief Executive Officer to serve as the interim principal financial officer and principal accounting officer of the Company”

Richard Roomberg resigned as Chief Financial Officer at TECHPRECISION CORP.

“As previously reported, Richard Roomberg resigned as Chief Financial Officer of TechPrecision Corporation (the “ Company ”), effective on February 14, 2025”

Richard D. Roomberg resigned as Chief Financial Officer at TECHPRECISION CORP.

“On January 15, 2025, Richard D. Roomberg, Chief Financial Officer of the Company, notified the Company that he will resign from all roles with the Company and its subsidiaries effective as of February 14, 2025.”

John A. Moore resigned as Director at TECHPRECISION CORP.

“On January 13, 2025, John A. Moore resigned as a member of the board of directors (the “ Board ”) of TechPrecision Corporation (the “ Company ”), effective immediately.”

TECHPRECISION CORP engaged CBIZ CPAs P.C. as its auditor.

“CBIZ CPAs P.C. was engaged as the Company’s independent registered public accounting firm”

Marcum LLP resigned as auditor of TECHPRECISION CORP.

“as notified that Marcum LLP (“ Marcum ”), the Company’s independent registered public accounting firm, entered”

Barbara M. Lilley changed role as Controller at TECHPRECISION CORP.

“Barbara M. Lilley stepped down as Chief Financial Officer of the Company and all other roles held with the Company and its subsidiaries effective on the Transition Date to become Controller and will continue her employment with the Company in that capacity.”

Richard D. Roomberg was appointed as Chief Financial Officer at TECHPRECISION CORP.

“On September 19, 2024, the board of directors of TechPrecision Corporation (the “Company”) appointed Richard D. Roomberg to serve as Chief Financial Officer of the Company, effective as of August 20, 2024”

TECHPRECISION CORP amended Seventh Amendment to Amended and Restated Loan Agreement and Third Amendment to Second Amended and Restated Promissory Note with Berkshire Bank valued at The Amendment, among other things (i) extends the maturity date of the Revolver Loan from March 20, (effective 2024-03-20).

“On March 20, 2024, Ranor and certain affiliates of the Company entered into a Seventh Amendment to Amended and Restated Loan Agreement and Third Amendment to Second Amended and Restated Promissory Note (the “ Amendment ”).”

TECHPRECISION CORP terminated Purchase Agreement with Doerfer Corporation valued at 320,000 shares of the Company’s common stock (effective 2024-04-02).

“On April 2, 2024, the Seller delivered to the Company written notice of its election to terminate the Purchase Agreement under Section 7.01(f) effective immediately.”

TECHPRECISION CORP received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“February 26, 2024, TechPrecision Corporation (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2023 (the “Q3 Form 10-Q”) with the Securities and Exchange Commission (the “SEC”) on or before February 20, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended.”

TECHPRECISION CORP reported third quarter of fiscal year 2024 results: revenue $7.7 million.

“three and nine months ended December 31, 2023 to the same prior year period: Consolidated Financial Results - Fiscal 2024 Three Months Ended December 31, 2023 · Net sales were $7.7 million, a or 8% lower when compared to the same period in fiscal 2023, on a different proportionate project mix of products and a decline in utilized labor hours. · Cost of sales were”

TECHPRECISION CORP reported preliminary financial results for the third quarter ended December 31, 2023.

“On February 22, 2024, TechPrecision Corporation issued a press release containing forecasts related to its pending acquisition of Votaw Precision Technologies, Inc., including preliminary financial results for the third quarter ended December 31, 2023.”

TECHPRECISION CORP amended Sixth Amendment to Amended and Restated Loan Agreement and Second Amendment to Second Amended and Restated Promissory Note with Berkshire Bank valued at Extension of Revolver Loan maturity from December 20, 2023 to March 20, 2024; limits use of proceeds (effective 2023-12-20).

“On December 22, 2023, Ranor and certain affiliates of the Company entered into a Sixth Amendment to Amended and Restated Loan Agreement and Second Amendment to Second Amended and Restated Promissory Note (the “ Amendment ”).”

TECHPRECISION CORP entered into Stock Purchase Agreement with Doerfer Corporation valued at $70,000,000, less the amount of indebtedness and transaction expenses of Votaw, plus the amount of u (effective 2023-11-22).

“On November 22, 2023, TechPrecision Corporation, a Delaware corporation (the “ Company ”), entered into a Stock Purchase Agreement (the “ Purchase Agreement ”) with Doerfer Corporation, an Iowa corporation (the “ Seller ”)”

TECHPRECISION CORP reported second quarter ended September 30, 2023 results: revenue $8.0 million, net income net loss of $528,000, EPS $0.06 per share.

“driving a strong backlog of $44.6 million as of September 30, 2023,” stated Alexander Shen, TechPrecision’s Chief Executive Officer. “Second quarter consolidated net sales were $8.0 million when compared to $8.5 million in the fiscal 2023 second quarter, or 6% lower” “Ranor reported net sales of $4.5 million or a 9% decrease from the second quarter of fiscal 2023.”

TECHPRECISION CORP shareholders approved Advisory vote on executive compensation at the 2023-09-12 meeting.

“The compensation of the Company’s Named Executive Officers as disclosed in the Company’s Proxy Statement dated August 3, 2023 was approved by the Company’s stockholders on an advisory, non-binding basis by the votes set forth in the table below:”

TECHPRECISION CORP shareholders approved Ratification of Marcum LLP as independent registered public accounting firm at the 2023-09-12 meeting.

“The selection of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending on March 31, 2024 was ratified by the Company’s stockholders by the votes set forth in the table below:”

TECHPRECISION CORP shareholders approved Election of Directors at the 2023-09-12 meeting.

“All of the nominees for director listed below were elected to serve for a one-year term expiring on the date of the Company’s 2024 Annual Meeting of Stockholders (and until their successors are duly elected and qualified) by the votes set forth in the table below:”

TECHPRECISION CORP reported first quarter of fiscal year 2024 results: revenue $7.4 million, EPS $ 0.06.

“remains high, driving a strong backlog increase. Total consolidated backlog is at a strong $46.3 million as of June 30, 2023. First quarter consolidated net sales were $7.4 million, or 4% higher when compared to $7.1 million in fiscal 2023 first quarter,” stated Alexander Shen, TechPrecision’s Chief Executive Officer. “On a consolidated basis, we had a net”

Barbara M. Lilley was appointed as Chief Financial Officer at TECHPRECISION CORP.

“On July 17, 2023, TechPrecision Corporation (the “ Company ”) entered into an Employment Agreement with Barbara M. Lilley (the “ Employment Agreement ”), with an effective date as of July 14, 2023 and which governs Ms. Lilley’s employment as Chief Financial Officer of the Company.”

TECHPRECISION CORP reported financial results for the fourth quarter and fiscal year ended March 31, 2023.

“On June 15, 2023, TechPrecision Corporation issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 31, 2023.”

Barbara M. Lilley was appointed as Chief Financial Officer at TECHPRECISION CORP.

“On May 30, 2023, the Board appointed Barbara M. Lilley, currently the Controller of the Company, as Chief Financial Officer, effective as of the Transition Date, to succeed Mr. Sammons.”

Thomas Sammons retired as Chief Financial Officer at TECHPRECISION CORP.

“On May 24, 2023, Thomas Sammons, Chief Financial Officer of TechPrecision Corporation (the “ Company ”) , notified the Company that he will retire from all roles with the Company and its subsidiaries effective on or about July 14, 2023”

TECHPRECISION CORP: Filed Certificate of Incorporation amendment to effect a 1-for-4 reverse stock split and reduce authorized shares from 90,000,000 to 50,000,000 (effective 2023-02-23).

“On February 21, 2023, TechPrecision Corporation (the “ Company ”) filed a Certificate of Incorporation (the “ Amendment ”) with the Secretary of State of the State of Delaware to (i) effect a 1-for-4 reverse stock split (the “ Reverse Stock Split ”) of the Company’s shares of common stock, $0.0001 par value (the “ Common Stock ”), and (ii) effect a related reduction in the number of the Company’s authorized shares of Common Stock from 90,000,000 to 50,000,000 (the “ Authorized Share Reduction ”).”

TECHPRECISION CORP reported nine months ended December 31, 2022 results: revenue $23.9 million.

“Fiscal 2023 Nine Months Ended December 31, 2022 Consolidated Financial Results · Net sales were $23.9 million”

TECHPRECISION CORP reported third quarter of fiscal year 2023 ended December 31, 2022 results: revenue $8.3 million.

“and precision industrial sectors, today reported financial results for the third quarter of fiscal year 2023 ended December 31, 2022. “Third quarter consolidated net sales were $8.3 million or 28% higher when compared to $6.5 million in same quarter a year ago,” stated Alexander Shen, TechPrecision’s Chief Executive Officer. “Our Ranor segment reported a strong”

TECHPRECISION CORP entered into Payment Agreement with Department of Water and Power of the City of Los Angeles (LADWP) valued at approximately $1,770,201 (effective 2023-01-30).

“On January 30, 2023, Stadco, a wholly-owned subsidiary of TechPrecision Corporation (the “Company”), entered into a payment arrangement agreement (the “Payment Agreement”) with the Department of Water and Power of the City of Los Angeles (“LADWP”), in order to settle previously outstanding amounts for water, water service, electric energy and/or electric service in the aggregate amount of approximately $1,770,201 that are delinquent and unpaid.”

TECHPRECISION CORP amended Amendment with Berkshire Bank (effective 2022-12-20).

“On December 23, 2022, Ranor and certain affiliates of the Company entered into a Fifth Amendment to Amended and Restated Loan Agreement, Fifth Amendment to Promissory Note and First Amendment to Second Amended and Restated Promissory Note (the “ Amendment ”). Effective as of December 20, 2022, the Amendment, among other things (i) extends the maturity date of the Ranor Term Loan to December 15, 2027, (ii) extends the maturity date of the Revolver Loan from December 20, 2022 to December 20, 2023, (iii) increases the interest rate on the Ranor Term Loan from 5.21% to 6.05% per annum, (iv) decreases the monthly payment on the Ranor Term Loan from $19,260.46 to $16,601.89, (v) replaces LIBOR as an option for the benchmark interest rate for the Revolver Loan with SOFR, (vi) replaces LIBOR-based interest pricing conventions with SOFR-based pricing conventions, including benchmark replacement provisions, and (vii) solely with respect to the fiscal quarter ending December 31, 2022, lowers the”

TECHPRECISION CORP reported the six months ended September 30, 2022 results: revenue $15.6 million.

“Fiscal 2023 Six Months Ended September 30, 2022, Consolidated Financial Results · Net sales were $15.6 million, an increase of $7.4 million, due to $4.7 million of added revenue from Stadco and $2.7 million of higher revenue at Ranor.”

TECHPRECISION CORP reported the second quarter of fiscal 2023 ended September 30, 2022 results: revenue $8.5 million.

“Second quarter consolidated net sales were $8.5 million or 78% higher when compared to $4.8 million in same quarter a year ago,”

Alexander Shen was appointed as Director at TECHPRECISION CORP.

“On September 15, 2022, the Board of Directors (the “Board”) of the Company approved an increase in the size of the Board from four directors to five directors and appointed Alexander Shen to fill the newly-created directorship, effective on the same date.”