---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-068970"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T06:06:50.452667+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ROC stockholders approve merger with Drilling Tools International; extension also approved

## Summary
- Stockholders approved business combination with Drilling Tools International Holdings (DTI) at June 1 special meeting; 19.3M for, 3.7M against.
- Charter amendment approved to extend deadline to August 6, 2023; sponsor to deposit $0.04 per non-redeemed share for each monthly extension.
- Merger expected to close in June 2023; combined company to rename to Drilling Tools International Corporation, trading under 'DTI' on Nasdaq.
- Seven directors elected to staggered terms effective at closing; 2023 Omnibus Incentive Plan approved.
- Extension special meeting also approved trust amendment to delay liquidation to extended date.

## SEC filing metadata
- accession: 0001104659-23-068970
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000110465923068970/0001104659-23-068970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000110465923068970/tm2318012d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-068970
- JSON: https://secwatch.observer/filing/0001104659-23-068970.json
- Plain text: https://secwatch.observer/filing/0001104659-23-068970.txt

## Key facts
- Governance Changes
  Drilling Tools International Corp: Stockholders approved amendment to certificate of incorporation to extend the date by which the company must consummate a business combination from June 6, 2023 to August 6, 2023, in two one-month extensions (effective 2023-06-01).
  - Change: charter amendment
  - Effective: 2023-06-01
  source text: The Charter Amendment Proposal – a proposal to amend the Company’s amended and restated certificate of incorporation (the “Existing Charter”) to extend the date by which the Company must consummate a Business Combination, up to two times, from June 6, 2023 (the “Termination Date”) to August 6, 2023, composed of two one-month extensions (each an “Extension” and the end date of each Extension, the “Extended Date”), for a total of up to two months after the Termination Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1884516/000110465923068970/0001104659-23-068970-index.htm
- Governance Changes
  Drilling Tools International Corp: Stockholders approved proposed amended and restated certificate of incorporation of ROC, to be effective upon closing of the business combination.
  - Change: charter amendment
  source text: The Charter Proposal – a proposal to approve the proposed amended and restated certificate of incorporation of ROC, which will replace ROC’s Amended and Restated Certificate of Incorporation, dated December 1, 2021 and will be in effect upon the closing (the “Closing”) of the Business Combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1884516/000110465923068970/0001104659-23-068970-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.