TechPrecision Secures $10 Million Financing Agreement With Rosenthal Capital Group

• TechPrecision secured a three-year, non-dilutive $10 million financing agreement with Rosenthal Capital Group, finalized November 3, 2026.
• The financing repaid approximately $5.8 million under its prior Beacon Bank & Trust credit facility, leaving $4.2 million available.
• Term loans of $3.5 million and $1.5 million carry interest at the JP Morgan Chase prime rate plus 2%.
• The $5 million revolving line of credit charges prime plus 0.75% against accounts receivable or 1.25% against work-in-progress contract assets.
• The agreement requires minimum tangible net worth of $5.5 million, versus $7.6 million as of June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechPrecision Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-124612), on November 09, 2026, and is solely responsible for the information contained therein.