TECHPRECISION CORP 8-K

What Happened TechPrecision Corporation (TPCS) reported that Ranor, Inc., a wholly owned subsidiary, together with certain affiliates, entered into the Thirteenth Amendment to the Amended and Restated Loan Agreement (and Ninth Amendment to the related promissory note) with Beacon Bank & Trust (successor by merger to Berkshire Bank). The amendment, executed on January 12, 2026, extends the maturity date of the borrowers’ revolving line of credit (the “Revolver Loan”) from January 16, 2026 to May 15, 2026.

Key Details

• Revolver maximum principal amount: $4,500,000.
• Amendment executed: January 12, 2026 (Thirteenth Amendment to the Loan Agreement; Ninth Amendment to the promissory note).
• Maturity date changed from January 16, 2026 to May 15, 2026.
• Parties include Ranor, Stadco New Acquisition, LLC, Stadco, Westminster Credit Holdings, LLC and Beacon Bank & Trust; full amendment is filed as Exhibit 10.1.

Why It Matters The amendment shifts the repayment timeline for the company’s $4.5M revolving credit facility by roughly four months, delaying the near-term maturity date and changing the company’s debt schedule. The filing notes there is no material relationship between the borrowers and Beacon beyond the loan and related security/guaranty documents and the previously disclosed borrowing relationship. Investors should view this as an update to the company’s short-term financing arrangements and timeline for the revolving credit facility.