Common stock, par value $0.0001 per share
- Symbol
- DTI
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01 · 8-K
Drilling Tools International Corporation
DTINASDAQEQUITYCurrent
Other Events
Item 8.01. Other Events. On October 13, 2026, Drilling Tools International Holdings, Inc. (the “Issuer”), a wholly owned subsidiary of Drilling Tools International Corporation, a Delaware corporation (the “Company” or “DTI”), engaged a Norwegian investment bank to arrange a series of fixed income investor meetings in the Nordic market, commencing on October 14, 2026. A U.S.…
Company context
DTI is a Houston, Texas based 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 15 service and support centers across North America and maintains 11 international service and support centers across the EMEA and APAC regions. To learn more about DTI, please visit: www.drillingtools.com.
Current securities
Registered securities in this filing
Drilling Tools International Corp · 8-K · Filed 2026-10-13
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On October 13, 2026, Drilling Tools International Holdings, Inc. (the “Issuer”), a wholly owned subsidiary of Drilling Tools International Corporation, a Delaware corporation (the “Company” or “DTI”), engaged a Norwegian investment bank to arrange a series of fixed income investor meetings in the Nordic market, commencing on October 14, 2026. A U.S. dollar denominated senior secured bond issue by the Issuer (the “Contemplated Bond Issue”) may follow, subject to, among other things, market conditions. The Company intends to use the net proceeds from the Contemplated Bond Issue to partially finance the previously announced acquisition of Saltire Energy Limited, to repay the Company’s existing term loan in full and a portion of its existing asset-based revolving credit facility, and for general corporate purposes.
The bonds, if issued, will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act. The bonds have not been and will not be registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This Current Report on Form 8-K is being filed pursuant to Rule 135c under the Securities Act and shall not constitute an offer to sell or the solicitation of an offer to buy the bonds or any other securities, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.