Economic Impact of Tariffs - Employers cut 12,000 manufacturing jobs in August, totaling 33,000 jobs eliminated in the manufacturing sector in 2025, partly due to new tariffs introduced by President Trump [1] - Tariffs are expected to slow down the overall economy, impacting job security even for those not directly involved in affected industries [2][3] - Higher costs from tariffs are leading to immediate job cuts in specific industries, particularly manufacturing, construction, and transportation, as evidenced by a decline in manufacturing employment for four consecutive months [7] Consumer Spending and Economic Activity - Rising costs due to tariffs are affecting consumer purchasing power, leading to reduced spending on non-essential items such as dining out and travel [5] - Economic activity may slow as consumers face weakening wage growth and higher costs of everyday items, resulting in decreased overall spending [6] - The financial impact of tariffs is particularly alarming for low-wage workers, as they are expected to bear the brunt of higher costs [6]

As filed with the Securities and Exchange Commission on November 21, 2025 Registration Statement No.333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORMS-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 TechPrecision Corporation (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) Approximate date of commencement of proposed sale to the public: From time to time after this registration statement becomes ef ...

Core Insights - Business activity in the United States increased for the second consecutive month, reaching a four-month high in November, as reported by S&P Global [1] - The Flash U.S. Composite PMI Output Index rose from 54.6 in October to 54.8 in November, indicating growth in both services and manufacturing sectors [2] - The U.S. economy is showing signs of buoyancy, with an estimated annualized GDP growth of about 2.5% in the fourth quarter [3] Sector Performance - Services companies reported their strongest output increase since July and the largest increase in new business this year [2] - Manufacturing companies experienced a robust increase in production, although there was a slowdown in new orders [2] - Optimism among manufacturing companies reached a five-month high, while services companies' optimism hit an 11-month high [4] Economic Context - The end of the government shutdown on November 12, which lasted for 43 days, has contributed to improved economic sentiment [5] - The government shutdown had significant economic impacts, risking $3 billion a week for small business contractors and potentially costing the travel economy $1 billion a week [6] - Small business optimism saw a slight decline in October, with reports of decreased sales and profits [7]

Core Points - nVent Electric plc will participate in the Goldman Sachs Industrials and Materials Conference on December 3, 2025, with CFO Gary Corona presenting at 10:50 a.m. ET [1] - A webcast of the presentation will be available on nVent's Investor Relations website [2] Company Overview - nVent is a global leader in electrical connection and protection solutions, focusing on enabling safer systems and a more secure world [3] - The company designs, manufactures, markets, installs, and services high-performance products that protect sensitive equipment and critical processes [3] - nVent's portfolio includes well-known brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE, with a history spanning over 100 years [3]

Robotics Industry & Dexterity - Looper Robotics believes robotics will be the biggest industry in human history, with dexterity being the bottleneck [2][3] - The industry is studying and codifying dexterity learned from people using smart gloves to capture hand movements and senses [4] - This data is used to teach robot hands practical skills, transferring human dexterity to robots [5] Applications & Potential - Today, these gloves teach robots to grasp and assemble, potentially reducing workplace injuries and tackling food insecurity [6] - Tomorrow, they could guide robotic surgeons in rural hospitals or disaster zones and restore touch through prosthetic hands [6] - In 10 years, fleets of machines could share dexterity, rebuilding cities, repairing underwater cables, or exploring dangerous environments [7] Labor Market & Automation - The United States has 380,000 unfilled jobs in manufacturing, with a potential shortfall of up to 3 million workers within a decade [7] - Demographics and math are forcing the largest automation wave in modern American history [9] - Robotics can shrink inequality if built with intention, but could also displace millions of workers and concentrate power [9][10] Economic & Geopolitical Implications - Labor is becoming a commodity once more, like "the next oil," with repeatable physical and cognitive work becoming measurable and programmable [11][12] - The nations and firms that control this new commodity will have significant leverage [12] - The US needs to rewire itself to use AI at scale, seeing it as a lubricant to make systems run better, not just perfecting models [15] Policy & Strategy - An actionable idea would be a robot tax index to automation intensity, rechanneling gains into training and safety [14] - The US has no shot at winning the AI race without robotics, as AI's value is in what it touches [14][15] - Robotics is synonymous with the manufacturing of labor and should be scaled to create infrastructure that extracts value from AI [16]

Financial Data and Key Metrics Changes - For the fiscal 2025 Fourth Quarter, the company reported a net loss of $27.5 million, or $0.88 per share, compared to a net loss of $68.2 million, or $2.21 per share, a year ago, primarily due to significant restructuring charges last year [22] - Consolidated sales for the fiscal 2025 Fourth Quarter were $319 million, down from $447 million a year ago, mainly due to the divestiture of the SGK business [22] - Consolidated adjusted EBITDA for the fiscal 2025 Fourth Quarter was $51.5 million, compared to $58.1 million a year ago, reflecting the impact of the SGK divestiture [22][23] Business Line Data and Key Metrics Changes - Memorialization segment sales for the fiscal 2025 Fourth Quarter were $209.7 million, up from $196.8 million a year ago, with acquisitions contributing approximately $11 million [24] - Industrial technology segment sales for the fiscal 2025 Fourth Quarter were $93 million, down from $113.9 million a year ago, primarily due to lower sales in the engineering business [26] - Brand solution segment sales were $16.2 million for the quarter, down from $135.9 million a year ago, due to the divestiture of the SGK business [27] Market Data and Key Metrics Changes - The warehouse automation business experienced strong order rates, contributing to improved revenues and adjusted EBITDA in Q4 [11] - The market response to Propelus, the new company formed from the SGK divestiture, has been favorable, with an EBITDA run rate significantly higher than the $100 million initially assumed [5] Company Strategy and Development Direction - The company aims to simplify its corporate structure, expand in higher growth and higher margin businesses, and reduce costs [4] - Recent divestitures, including the sale of SGK and warehouse automation, are part of a strategy to reduce debt and enhance shareholder value [6][9] - The company is actively evaluating other strategic portfolio opportunities with the assistance of JP Morgan [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term value creation for shareholders, emphasizing the importance of reducing debt and pursuing strategic initiatives [37][17] - The company expects adjusted EBITDA guidance of at least $180 million for fiscal 2026, factoring in the 40% interest in Propelus [17] Other Important Information - The company announced an increase in the quarterly dividend to $0.2505 per share, marking the 32nd consecutive annual dividend increase since becoming publicly traded [30] - The company is undergoing a leadership transition, with Steve Nicola retiring as CFO effective December 1, 2025 [65] Q&A Session Summary Question: Can you talk about the opportunity set regarding solid state and ultra capacitors? - Management noted increased interest in dry battery electrode technology for energy storage applications beyond automotive, including data centers [33] Question: How should we think about M&A and augmenting the technology portfolio? - The focus is currently on reducing debt, with no immediate M&A plans as the company manages ongoing divestitures and restructuring [36] Question: How is the memorialization business performing? - The business is operating well, with improvements noted after the sale of the underperforming European business [43] Question: Can you provide an update on beta testing for the new printhead solution? - The new printhead solution is set to begin deliveries in December, with significant market interest noted at trade shows [45] Question: What is the significance of the GS1 certification for the new chip product ID solution? - GS1 certification standardizes the reading of 2D codes, allowing for faster and more efficient scanning, which is critical for retailers [58]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported a net loss of $27.5 million, or $0.88 per share, compared to a net loss of $68.2 million, or $2.21 per share, a year ago, primarily due to significant restructuring charges in the previous year [20] - Consolidated sales for Q4 2025 were $319 million, down from $447 million a year ago, mainly due to the divestiture of the SGK business [20] - Consolidated adjusted EBITDA for Q4 2025 was $51.5 million, compared to $58.1 million a year ago, reflecting the impact of the SGK divestiture [21][22] Business Line Data and Key Metrics Changes - The memorialization segment reported revenues of $209.7 million for Q4 2025, up from $196.8 million a year ago, with acquisitions contributing approximately $11 million [23] - The industrial technology segment's revenues decreased to $93 million from $113.9 million a year ago, primarily due to lower sales in the engineering business [25] - The brand solution segment's sales were $16.2 million for Q4 2025, down from $135.9 million a year ago, due to the divestiture of the SGK business [26] Market Data and Key Metrics Changes - The company noted that tariffs have impacted all businesses, but they have successfully mitigated these costs by passing along higher prices [12] - The market response to Propelus, the new company formed from the SGK divestiture, has been favorable, with an EBITDA run rate significantly higher than the $100 million initially assumed [5] Company Strategy and Development Direction - The company aims to simplify its corporate structure, expand in higher growth and margin businesses, and reduce costs, with significant actions taken throughout the year [4] - The divestiture of the warehouse automation unit is expected to provide $230 million, significantly reducing total debt and enhancing the company's ability to pursue strategic initiatives [6][28] - The company is actively evaluating other strategic portfolio opportunities and plans to complete smaller transactions to further simplify its operating structure [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term value creation for shareholders, emphasizing the importance of reducing debt and enhancing the balance sheet [6][17] - The company expects adjusted EBITDA guidance of at least $180 million for fiscal 2026, factoring in the 40% interest in Propelus [17] - Management highlighted the ongoing interest in their proprietary dry battery electrode technology, particularly in the context of solid-state batteries and energy storage solutions [15][40] Other Important Information - The company announced an increase in the quarterly dividend to $0.2505 per share, marking the 32nd consecutive annual dividend increase since becoming publicly traded [29] - The company has appointed Michael Naumann as the new Chairman of the Board, succeeding Alvaro Garcia Tunon [9] Q&A Session Summary Question: Can you talk about the opportunity set regarding solid state and ultra capacitors? - Management confirmed that their dry battery electrode technology applies to various energy storage applications, including ultra capacitors and data center power needs [30] Question: How should we think about M&A and augmenting the technology portfolio? - Management stated that the focus is currently on reducing debt and that strategic initiatives will be evaluated once the debt is in line [31] Question: Are customers less reticent to work with you despite the Tesla lawsuit? - Management indicated that customers are more dependent on market environments rather than being less reticent, with significant opportunities in the European market [33] Question: Can you provide an update on beta testing for the new printhead solution? - Management confirmed that the new printhead solution is in the market, with deliveries starting in December, and highlighted the significant market potential [36] Question: What is the significance of the GS1 certification for the new chip product? - Management explained that GS1 certification standardizes the reading of 2D codes, allowing their technology to operate at speeds that meet retailer demands [41]

Manufacturing Expansion - Foxconn plans to invest an initial $1 billion to $5 billion to expand its US manufacturing footprint [1]

Core Viewpoint - Tredegar Corporation announces the retirement of John M. Steitz as President and CEO, effective December 31, 2025, and the election of Arijit (Bapi) DasGupta as his successor, effective January 1, 2026 [1][6] Management Changes - John M. Steitz has been with Tredegar since 2018 and has served as President and CEO since 2019 [2] - Arijit (Bapi) DasGupta joined Tredegar in 2007 and has been leading the PE Films business unit since 2015 [2] - D. Andrew Edwards will also retire as Executive Vice President and CFO on December 31, 2025, with Frasier W. Brickhouse II elected as his successor, effective January 1, 2026 [3] Leadership Experience - Frasier W. Brickhouse II has been with Tredegar since 1993, serving in various roles including Corporate Controller and Treasurer [3] - Both DasGupta and Brickhouse have extensive experience within Tredegar, indicating a smooth transition in leadership [4] Company Overview - Tredegar Corporation operates primarily in two sectors: custom aluminum extrusions and surface protection films for high-technology applications [4] - The company employs approximately 1,600 individuals and has manufacturing facilities in North America and Asia [4]

Core Insights - Geospace Technologies Corporation reported a revenue of $30.7 million for Q4 FY 2025, down from $35.4 million in the same period last year, with a net loss of $9.1 million compared to a loss of $12.9 million a year ago [1][2] - For the fiscal year ending September 30, 2025, total revenue was $110.8 million, a decrease from $135.6 million in the previous year, with a net loss of $9.7 million compared to a loss of $6.6 million in the prior year [2][24] Financial Performance - Q4 FY 2025 revenue was $30.7 million, a decrease of 13.3% year-over-year [1] - The net loss for Q4 FY 2025 was $9.1 million, or $(0.71) per diluted share, an improvement from a net loss of $12.9 million, or $(1.00) per diluted share, in Q4 FY 2024 [1][2] - For the fiscal year, revenue totaled $110.8 million, down 18.3% from $135.6 million in FY 2024, with a net loss of $9.7 million, or $(0.76) per diluted share, compared to a loss of $6.6 million, or $(0.50) per diluted share, in FY 2024 [2][24] Segment Performance - The Smart Water segment generated $8.5 million in Q4 FY 2025, down 28% from $11.9 million in Q4 FY 2024, but annual revenue increased by 10% to $35.8 million [8][22] - The Energy Solutions segment reported $15.7 million in Q4 FY 2025, an 11% decrease from $17.6 million in Q4 FY 2024, with a 35% annual decline to $50.7 million [9][22] - The Intelligent Industrial segment saw a 9% increase in Q4 FY 2025 revenue to $6.4 million, while annual revenue decreased by 4% to $24.0 million [10][22] Management Commentary - CEO Richard Kelley emphasized the importance of diversification and innovation in response to mixed fiscal year performance across market segments [2][3] - The Smart Water segment has shown strong performance with double-digit revenue growth for four consecutive years, driven by the Hydroconn® connector line [4] - The Energy Solutions segment faced challenges due to market uncertainty and lower oil prices, but secured a major contract with Petrobras [5][7] Balance Sheet and Liquidity - As of September 30, 2025, the company had $26.3 million in cash and $8.0 million in additional borrowing capacity [12] - The company used $22.2 million in cash from operating activities during the fiscal year, while generating $42.7 million from investing activities [11][12] Future Outlook - The company anticipates continued demand for its Smart Water and Intelligent Industrial solutions, despite short-term uncertainties in the Energy Solutions segment [7][9]