other material
confidence high
sentiment neutral
materiality 0.40
ROC Energy Acquisition Corp extends deadline to June 6, 2023 with $2.07M trust deposit
Drilling Tools International Corp
- Sponsor affiliate deposited $2,070,000 ($0.10 per public share) into trust account for second extension.
- Deadline to complete initial business combination extended from March 6, 2023 to June 6, 2023.
- Company issued $2,070,000 promissory note to sponsor affiliate; non-interest bearing, due at close or liquidation, convertible at $10/unit.
- This is the second of two three-month extensions permitted under governing documents.