TPCS - Why Industrial Company TechPrecision Shares Are Surging Today | Benzinga
TechPrecision Corporation (NASDAQ:TPCS) shares are trading higher after the company announced the termination of the agreement to acquire Votaw Precision Technologies.
In particular, the company disclosed the termination of the Stock Purchase Agreement (SPA) between TechPrecision and Doerfer Corporation to acquire Votaw.
On April 2, 2024, Doerfer simultaneously notified that it was terminating the SPA effective immediately and, by a separate term sheet, offered to reinstate ...