secwatch.observer — SEC 8-K summary
======================================

Issuer:     Drilling Tools International Corp (DTI)
CIK:        0001884516
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001104659-23-005399
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ROC Energy Acquisition Corp. obtains up to $800K working capital loan from sponsor affiliate
--------------------------------------------------------------------------------

- Promissory note of up to $800,000 issued to FP SPAC 2, LLC (affiliate of sponsor) for working capital.
- Note bears no interest; due at consummation of initial business combination or liquidation (by March 6, 2023, extendable to June 6, 2023).
- Unpaid principal may be converted into units at $10 per unit at Payee's election.
- Proceeds used for working capital; note is unsecured and contains trust waiver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1884516/000110465923005399/0001104659-23-005399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1884516/000110465923005399/tm234064d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-005399

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer