TechPrecision names Alexander Shen as interim principal financial officer

TechPrecision (TPCS) announced that the Board of Directors of the company appointed Alexander Shen, the company’s CEO, to serve as the interim principal financial officer and principal accounting officer ofthe company, effective at 5:30 p.m. February 14, after the previously disclosed resignation of Richard Roomberg, the company’s former CFO, took effect. Shen will serve in these capacities while the company searches for a replacement for Roomberg. The company has reported separately in Form 12b-25 that it is unable to file its Quarterly Report on Form 10-Q for the period ended December 31, 2024 within the prescribed time period. Alexander Shen stated, “For FY25 Q3, ending December 31, 2024, the company is targeting Friday, Mar 7, 2025 to file. Filing on March 7, 2025 will result in 21 days late. Resource drain from acquisition activity is the single major contributor to TechPrecision’s late SEC filings. Timely reporting is one of our fundamentals; we have been taking steps to achieve and consistently maintain compliance to this requirement.”