TechPrecision stock climbs on termination of deal to buy Votaw Precision [Seeking Alpha]
TechPrecision Corporation (TPCS)
NASDAQ:AMEX Investor Relations:
techprecision.com/sec%20filings
Company Research
Source: Seeking Alpha
22, 2023, between TechPrecision and Doerfer Corporation to acquire Votaw Precision Technologies. On Tuesday April 2, 2024, Doerfer simultaneously notified company that it was terminating the SPA effective immediately and by separate term sheet offered to reinstate the SPA and extend the outside closing date in exchange for material concessions from the company. After several days of negotiating the terms of the proposed reinstatement and extension, the company and Doerfer failed to reach agreement and the SPA remains terminated. Pursuant to Section 7.02((a)) which includes Termination Fee, Doerfer is expecting the Company to issue 320,000 shares of TechPrecision to Doerfer. The company is presently reviewing the situation. Recommended For You More Trending News Recommended For You More Trending News About TPCS Stock Related Stocks Trending Analysis Trending News
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TPCS
News
- TechPrecision Announces Termination of Agreement to Acquire Votaw Precision Technologies [Yahoo! Finance]Yahoo! Finance
- TechPrecision Announces Termination of Agreement to Acquire Votaw Precision TechnologiesAccesswire
- TechPrecision Corporation (PNK:TPCS) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- TechPrecision Announces Receipt of Nasdaq Listing Determination; Expects Deficiency to Be Cured with Filing of Q3 Form 10-Q Today [Yahoo! Finance]Yahoo! Finance
- TechPrecision Announces Receipt of Nasdaq Listing Determination; Expects Deficiency to Be Cured with Filing of Q3 Form 10-Q TodayAccesswire
TPCS
Sec Filings
- 5/3/24 - Form S-1
- 4/9/24 - Form 8-K
- 4/8/24 - Form 8-K
- TPCS's page on the SEC website