UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): March 31, 2017
TECHPRECISION CORPORATION
(Exact Name of Registrant as Specified in Charter)
| Delaware | | 000-51378 | | 51-0539828 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
1 Bella Drive
Westminster, MA 01473
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(978) 874-0591
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 31, 2017, Leonard M. Anthony, Phillip A. Dur, Michal R. Holly and Robert Isaman each resigned from the board of directors (the “Board”) of TechPrecision Corporation (the “Company”). None of Messrs. Anthony, Dur, Holly or Isaman resigned because of a disagreement with the Company or the other members of the Board on any matter relating to the Company’s operations, policies or practices. On April 4, 2017, the Board reduced the number of directors serving on the Board from eight to four, eliminating the vacancies created by the resignations.
On April 5, 2017, the Company issued a press release discussing the resignations of Messrs. Anthony, Dur, Holly and Isaman and the reduction in the size of the Board. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
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| | 99.1 Press Release of TechPrecision Corporation dated April 5, 2017 |
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 |
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| Date: April 5, 2017 | By: | /s/ Thomas Sammons |
| | Name: | Thomas Sammons |
| | Title: | Chief Financial Officer |
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EXHIBIT INDEX
Exhibit Number | Exhibit |
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| 99.1 | Press Release of TechPrecision Corporation dated April 5, 2017 |
