Techprecision CORP
Market Movers (8-K)
NASDAQ
TechPrecision Corporation's subsidiary, Ranor, Inc., secured an extension for its $4.5 million revolving line of credit with Beacon Bank & Trust until May 15, 2026, despite ongoing financial covenant defaults.
Delay expected
Worse than expected
NASDAQ
TechPrecision Corporation reported a significant increase in net income for its fiscal year 2026 second quarter, driven by improved gross margins and favorable project mix across its Ranor and Stadco segments.
Better than expected
NASDAQ
TechPrecision Corporation held its 2025 Annual Meeting, electing all director nominees, ratifying CBIZ CPAs P.C. as auditor, and approving executive compensation on an advisory basis.
NASDAQ
TechPrecision Corporation announced the date for its 2025 Annual Meeting of Stockholders and updated deadlines for shareholder proposals.
NASDAQ
TechPrecision Corporation and its subsidiaries secured an extension for their $4.5 million revolving credit facility with Berkshire Bank until January 16, 2026, despite continuing financial covenant defaults.
Worse than expected
Delay expected
NASDAQ
TechPrecision Corporation reported strong first-quarter fiscal year 2026 results with a $50.1 million backlog and expanded gross margins, despite an 8% revenue decrease.
Better than expected
Quarterly Earnings (10-Q)
NASDAQ
TechPrecision Corporation reported a significant turnaround to net income in Q2 fiscal year 2026, driven by improved gross margins and Stadco's reduced operating losses, despite ongoing liquidity challenges and debt covenant non-compliance.
Better than expected
Capital raise
Delay expected
NASDAQ
TechPrecision Corporation reported a significantly reduced net loss and improved gross profit for Q1 FY2026, but faces substantial doubt about its ability to continue as a going concern due to debt covenant violations and liquidity challenges.
Worse than expected
Capital raise
NASDAQ
TechPrecision Corporation reports a net loss for Q3 2025 and expresses substantial doubt about its ability to continue as a going concern due to recurring losses, debt covenant issues, and the need for financing.
Worse than expected
Capital raise
NASDAQ
TechPrecision Corporation's Q2 2025 results show increased revenue but a net loss, coupled with concerns about the company's ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
NASDAQ
TechPrecision Corporation reported a net loss of $1.5 million for the quarter ended June 30, 2024, and faces significant financial challenges including debt covenant violations and going concern uncertainty.
Worse than expected
Capital raise
NASDAQ
TechPrecision Corporation reported a net loss for the third quarter of fiscal year 2024, while also navigating debt covenant issues and pursuing a significant acquisition.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
NASDAQ
TechPrecision Corporation reported a net loss of $1.664 million for fiscal year 2026, facing substantial doubt about its ability to continue as a going concern due to debt covenant non-compliance and recurring losses at its Stadco subsidiary.
Delay expected
Worse than expected
Capital raise
NASDAQ
TechPrecision Corporation reported an 8% increase in consolidated revenue for fiscal year 2025, reaching $34.03 million, but faces substantial doubt about its ability to continue as a going concern due to recurring losses at its Stadco subsidiary and ongoing debt covenant non-compliance.
Delay expected
Worse than expected
Capital raise
NASDAQ
TechPrecision Corporation's fiscal year 2024 results reveal a net loss of $7.0 million and ongoing concerns about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
Insider Trading (Form 4)
NASDAQ
TECHPRECISION CORP Director Andrew A. Levy reported gifting 8,600 shares of common stock in two separate transactions.
NASDAQ
Andrew Levy, a director at TechPrecision Corp, gifted 2,200 shares of common stock on November 11, 2025, reducing his direct beneficial ownership to 384,418 shares.
NASDAQ
TECHPRECISION CORP Director Andrew A. Levy gifted 8,300 shares of common stock, reducing his direct beneficial ownership to 386,618 shares.
NASDAQ
TechPrecision Director Andrew Levy reported gifting 2,000 shares of common stock, reducing his direct beneficial ownership to 394,918 shares.
NASDAQ
TechPrecision Director Walter Schenker acquired 10,000 shares, increasing his direct beneficial ownership.
NASDAQ
Andrew A. Levy, a Director at TechPrecision Corp, acquired 10,000 shares of common stock, increasing his direct beneficial ownership to 396,918 shares.
Better than expected
Proxy Statements (Def-14A)
NASDAQ
TechPrecision Corporation announced its virtual Annual Meeting of Stockholders for October 28, 2025, to elect directors, ratify auditors, and approve executive compensation, following years of net losses and declining shareholder returns.
Worse than expected
NASDAQ
TechPrecision Corporation's upcoming annual meeting will feature a contested election of directors, with the board recommending shareholders vote for their nominees and against those proposed by the Wynnefield Group.
Worse than expected
NASDAQ
Wynnefield Partners and Robert D. Straus are soliciting proxies to elect their nominees to the TechPrecision board, citing concerns over the company's performance and governance.
Worse than expected
Delay expected
Capital raise
New Public Companies (S-1)
NASDAQ
TechPrecision Corporation's selling stockholders are offering up to 60,000 shares of common stock, with the company receiving no proceeds from the sale.
Capital raise
NASDAQ
TechPrecision Corporation has filed an amendment to its S-1 registration statement to allow the resale of common stock and warrants by existing security holders.
Capital raise
NASDAQ
TechPrecision Corporation has filed an amendment to its registration statement for the resale of up to 1,672,183 shares of common stock and 666,100 warrants by selling securityholders.
Capital raise
NASDAQ
TechPrecision Corporation has filed a registration statement for the resale of up to 320,000 shares of its common stock by a selling securityholder, Doerfer Corporation, following the termination of a stock purchase agreement.