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Drilling Tools International

Closed (deSPAC)

Energy · oilfield equipment and drilling tool services

What it is
Tools, SPAC and the proposed business combination
What it’s doing now
Merging with ROC Energy Acquisition Corp. (ROC) — closed (despac).
What you should know
The deal carries a $55M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Tools, SPAC and the proposed business combination. When available, these materials will be mailed to shareholders of SPAC as of a record date to be established for voting on the proposed business combination. Shareholders will also be able to obtain copies of the preliminary proxy statement / prospectus, the definitive proxy statement / prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a written request to SPAC at WINSTON & STRAWN LLP, 800 CAPITOL STREET, SUITE 2400, HOUSTON, TX 77002.

Source: S-4/A, accession 0001193125-24-167146

What the company says about itself

Web research — not audited

Drilling Tools International is a leading oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. With roots dating back to 1984, DTI operates from service and support centers across North America and maintains strategically located international service and support centers across the EMEA and APAC regions.

Markets:
Oil and Gas | Construction
Products:
Directional Tool Rentals | Stabilizers | Subs | Collars | Next Gen Stabilizers & Reamers | ClearPath Stabilizers | Reamers | RSS Sleeves | Drill-N-Ream | RotoSteer | Premium Pipe Rentals | Drill Pipe | Work Strings | Pressure Control | Target Depth Technology | Plug & Abandon Enhancement | Slot Recovery Enhancement | PDC Product Manufacturing | PDC Tool Refurbishment | Prototype Product Support | Downhole Inspection Solutions | Manufacturing | Product Sales | Production Desander | Compass customer portal
What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The SPAC merger included a PIPE (private investment in public equity) transaction totaling $40.8 million." [https://www.bizjournals.com/houston/news/2023/06/22/drilling-tools-international-roc-energy-combine.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On February 13, 2023, ROC entered into a definitive agreement for a business combination with DTI. The transaction is expected to be completed in the second quarter of 2023." [https://investors.drillingtools.com/node/6681/html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ROC Energy Acquisition Corp. Announces Effectiveness of Registration Statement and June 1, 2023 Special Meeting of Stockholders to Approve Proposed Business Combination." [https://drillingtools.com/investors]

Source: https://www.drillingtools.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Drilling Tools International is merging with ROC Energy Acquisition Corp. (ROC) currently marked Closed (deSPAC).

Headline equity value—
Minimum cash to close$55M

Structure per SEC accession(s) 0001104659-23-021677. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Drilling Tools International going public?

Drilling Tools International has an approved merger with the SPAC ROC Energy Acquisition Corp. (ROC). Deal status: Closed (deSPAC).

Does Drilling Tools International have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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