TechPrecision Corp Files 8-K on Security Holder Vote Matters
Ticker: TPCS · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1328792
| Field | Detail |
|---|---|
| Company | Techprecision Corp (TPCS) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting
TL;DR
TechPrecision Corp is holding a shareholder vote.
AI Summary
On December 19, 2024, TechPrecision Corporation filed an 8-K report indicating a submission of matters to a vote of security holders. The company, incorporated in Delaware, is based in Westminster, MA, with its principal executive offices at 1 Bella Drive.
Why It Matters
This filing signals that TechPrecision Corporation is convening a meeting or taking action that requires the approval of its shareholders, which could impact corporate governance or strategic decisions.
Risk Assessment
Risk Level: low — The filing is a routine procedural report regarding a shareholder vote and does not disclose any immediate financial distress or significant operational changes.
Key Numbers
- 001-41698 — Commission File Number (Identifies the company's SEC filing history)
- 51-0539828 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- TechPrecision Corporation (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 1 Bella Drive, Westminster, MA 01473 (address) — Principal executive offices
- December 19, 2024 (date) — Date of earliest event reported
FAQ
What specific matters will be submitted for a vote of security holders?
The filing does not specify the exact matters to be voted on, only that matters are being submitted for a vote.
When is the meeting or vote scheduled to take place?
The filing does not provide a specific date for the meeting or vote, only the date of the report (December 19, 2024).
Has TechPrecision Corporation previously changed its name?
Yes, the company was formerly known as Techprecision Corp and Lounsberry Holdings II Inc, with name changes recorded on March 9, 2006, and May 31, 2005, respectively.
What is TechPrecision Corporation's industry classification?
The company is classified under 'FABRICATED STRUCTURAL METAL PRODUCTS' with SIC code 3440.
Where is TechPrecision Corporation's principal executive office located?
The principal executive offices are located at 1 Bella Drive, Westminster, MA 01473.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-12-23 09:04:45
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share TPCS Nasdaq Capital Market
Filing Documents
- tm2431853d1_8k.htm (8-K) — 43KB
- 0001104659-24-131092.txt ( ) — 211KB
- tpcs-20241219.xsd (EX-101.SCH) — 3KB
- tpcs-20241219_lab.xml (EX-101.LAB) — 33KB
- tpcs-20241219_pre.xml (EX-101.PRE) — 22KB
- tm2431853d1_8k_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On December 19, 2024, TechPrecision Corporation (the " Company ") held its 2024 Annual Meeting of Stockholders (the " Annual Meeting "). A total of 9,617,525 shares of the Company's common stock were entitled to vote as of November 4, 2024, the record date for the Annual Meeting, of which 6,902,634 were present in person or by proxy at the Annual Meeting. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting are as follows: Proposal No. 1 : The six directors elected at the Annual Meeting are Andrew A. Levy, John A. Moore, Walter M. Schenker, Alexander Shen, General Victor E. Renuart Jr. and Robert D. Straus by the votes set forth in the tables below. Nominees of the Company For Withheld Robert A. Crisafulli 1,380,466 5,486,530 Andrew A. Levy 2,397,960 4,480,356 Richard S. McGowan 774,514 6,092,482 John A. Moore 2,218,601 4,631,385 Walter M. Schenker 1,823,120 5,053,096 Alexander Shen 2,408,692 4,468,724 Nominees of Wynnefield Partners Small Cap Value, L.P. I and affiliates For Withheld General Victor E. Renuart Jr. 5,824,308 1,039,069 Robert D. Straus 5,558,837 1,303,340 Proposal No. 2 : The amendment to the Company's 2016 Long-Term Incentive Plan to increase the number of shares available for issuance was not approved by the Company's stockholders based on the votes set forth in the table below: For Against Abstain Broker Non-Votes 1,701,730 3,566,021 1,623,202 11,681 Proposal No. 3 : The selection of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending on March 31, 2025 was ratified by the Company's stockholders by the votes set forth in the table below: For Against Abstain Broker Non-Votes 6,514,155 65,851 322,628 0 Proposal No. 4 : The compensation of the Company's Named Executive Officers as disclosed in the Company's Proxy Statement dated N
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TECHPRECISION CORPORATION Date: December 23, 2024 By: /s/ Richard R. Roomberg Name: Richard R. Roomberg Title: Chief Financial Officer