Form of WarrantTechprecision Corp • July 10th, 2024 • Fabricated structural metal products
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [_________] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after January 8, 2025 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on July 8, 2029 (the “Termination Date”) but not thereafter, to subscribe for and purchase from TechPrecision Corporation, a company incorporated under the laws of the State of Delaware (the “Company”), up to _______ shares of Common Stock (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
FORM OF SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 10th, 2024 • Techprecision Corp • Fabricated structural metal products • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of July 3, 2024 and is between TechPrecision Corporation, a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
Re: Private Placement of Common StockTechprecision Corp • July 10th, 2024 • Fabricated structural metal products • New York
This letter (the “Agreement”) constitutes the agreement between Wellington Shields & Co. LLC (the “Placement Agent”) and TechPrecision Corporation, a Delaware corporation (the “Company”), that the Placement Agent shall serve as the exclusive placement agent for the Company, on a “best efforts” basis, in connection with the proposed private placement (the “Offering”) of shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), and warrants to purchase Common Stock (the “Warrants,” and together with the Shares, the “Securities”). The Securities actually placed by the Placement Agent in connection with the Offering are referred to herein as the “Placement Agent Securities.” The terms of the Offering shall be mutually agreed upon by the Company and the purchasers (each, a “Purchaser” and collectively, the “Purchasers”), and nothing herein grants the Placement Agent the power or authority to bind the Company or any Purchaser, or constitutes an ob
