In East Rutherford, New Jersey, Tel Instrument shareholders have announced a delay in filing their Annual Report on Form 10-K for the fiscal year ending on March 31, 2025. This delay is due to ongoing negotiations with their bank regarding the extension of their credit line. The company is also in the process of organizing a capital raise with corporate insiders and management to strengthen their balance sheet and finance an anticipated significant growth in their business. During this period until the 10-K is filed, TIC shares will be traded on the OTC Pink market.