SC 13G 1 d31882dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )

 

 

TechPrecision Corporation

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

878739101

(CUSIP Number)

September 29, 2015

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


SCHEDULE 13G

 

CUSIP No. 878739101   Page 2 of 9

 

  1   

Names of reporting persons

 

MAZ Partners LP

  2  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,271,923

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,271,923

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,271,923

10  

Check Box if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

11  

Percent of class represented by amount in Row (9)

 

    5.0%

12  

Type of reporting person (see instructions)

 

    PN

 


SCHEDULE 13G

 

CUSIP No. 878739101    Page 3 of 9

 

  1   

Names of reporting persons

 

MAZ Capital Advisors, LLC

  2  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    0

   6   

Shared voting power

 

    1,271,923

   7   

Sole dispositive power

 

    0

   8   

Shared dispositive power

 

    1,271,923

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,271,923

10  

Check Box if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

11  

Percent of class represented by amount in Row (9)

 

    5.0%

12  

Type of reporting person (see instructions)

 

    OO

 


SCHEDULE 13G

 

CUSIP No. 878739101    Page 4 of 9

 

  1   

Names of reporting persons

 

Walter Schenker

  2  

Check the appropriate box if a member of a group (see instructions)

(a)  ¨        (b)  x

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    USA

Number of

shares

beneficially

owned by

each

reporting

person

with

     

Sole voting power

 

    55,500

   6   

Shared voting power

 

    1,271,923

   7   

Sole dispositive power

 

    55,500

   8   

Shared dispositive power

 

    1,271,923

  9  

Aggregate amount beneficially owned by each reporting person

 

    1,327,423

10  

Check Box if the aggregate amount in Row (9) excludes certain shares (see instructions)    ¨

 

11  

Percent of class represented by amount in Row (9)

 

    5.2%(1)

12  

Type of reporting person (see instructions)

 

    IN

 


SCHEDULE 13G

 

CUSIP No. 878739101    Page 5 of 9

 

Item 1(a) Name of Issuer:

TechPrecision Corporation

 

Item 1(b) Address of Issuer’s Principal Executive Offices:

992 Old Eagle School Road, Suite 909

Wayne, Pennsylvania 19087

 

Item 2(a) Name of Person Filing:

MAZ Partners LP

MAZ Capital Advisors, LLC

Walter Schenker

MAZ Partners LP is the record holder of the securities reported herein. MAZ Capital Advisors, LLC is the General Partner of MAZ Partners LP. Walter Schenker is the sole member and manager of MAZ Capital Advisors, LLC.

 

Item 2(b) Address of Principal Business Office or, if none, Residence:

MAZ Partners LP

MAZ Capital Advisors, LLC

Walter Schenker

1130 Route 46, Suite 22

Parsippany, New Jersey 07054

 

Item 2(c) Citizenship:

MAZ Partners LP – Delaware

MAZ Capital Advisors, LLC – Delaware

Walter Schenker – USA

 

Item 2(d) Title of Class of Securities:

Common Stock, $0.0001 par value (the “Common Stock”)

 

Item 2(e) CUSIP Number:

878739101

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:.

 

Item 4. Ownership

Each reporting person’s calculation of its percentage ownership of the Common Stock of the Issuer is based upon 25,446,187 shares of Common Stock issued and outstanding at August 10, 2015, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Commission on August 14, 2015.


SCHEDULE 13G

 

CUSIP No. 878739101    Page 6 of 9

 

  (a) Amount beneficially owned:

MAZ Partners LP – 1,271,923

MAZ Capital Advisors, LLC – 1,271,923

Walter Schenker – 1,327,423

 

  (b) Percent of class:

MAZ Partners LP – 5.0%

MAZ Capital Advisors, LLC – 5.0%

Walter Schenker – 5.2%

 

  (c) Number of shares as to which the person has:

MAZ Partners LP

 

(i)      Sole power to vote or to direct the vote:    0.
(ii)      Shared power to vote or to direct the vote    1,271,923.
(iii)      Sole power to dispose or to direct the disposition of    0.
(iv)      Shared power to dispose or to direct the disposition of    1,271,923.

MAZ Capital Advisors, LLC

 

(i)      Sole power to vote or to direct the vote:    0.
(ii)      Shared power to vote or to direct the vote    1,271,923.
(iii)      Sole power to dispose or to direct the disposition of    0.
(iv)      Shared power to dispose or to direct the disposition of    1,271,923.

Walter Schenker

 

(i)      Sole power to vote or to direct the vote:    55,500.(1)
(ii)      Shared power to vote or to direct the vote    1,271,923.
(iii)      Sole power to dispose or to direct the disposition of    55,500.(1)
(iv)      Shared power to dispose or to direct the disposition of    1,271,923.

(1) These shares are held in an IRA account of Mr. Schenker.

 

Item 5. Ownership of Five Percent or Less of a Class

Not Applicable.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

Not Applicable.


SCHEDULE 13G

 

CUSIP No. 878739101    Page 7 of 9

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not Applicable.

 

Item 8. Identification and Classification of Members of the Group

Not Applicable.

 

Item 9. Notice of Dissolution of Group

Not Applicable.

 

Item 10. Certification

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SCHEDULE 13G

 

CUSIP No. 878739101    Page 8 of 9

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: October 5, 2015

 

MAZ Partners LP
By:   MAZ Capital Advisors, LLC,
  its General Partner
By:  

/s/ Walter Schenker

  Name:   Walter Schenker
  Title:   Manager
MAZ Capital Advisors, LLC
By:  

/s/ Walter Schenker

  Name:   Walter Schenker
  Title:   Manager

/s/ Walter Schenker

Walter Schenker


SCHEDULE 13G

 

CUSIP No. 878739101    Page 9 of 9

 

Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common stock of Intrusion Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings.

In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement as of the 5th day of October, 2015.

 

MAZ Partners LP
By:   MAZ Capital Advisors, LLC,
  its General Partner
By:  

/s/ Walter Schenker

  Name:   Walter Schenker
  Title:   Manager
MAZ Capital Advisors, LLC
By:  

/s/ Walter Schenker

  Name:   Walter Schenker
  Title:   Manager
By:  

/s/ Walter Schenker

  Walter Schenker