---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-148080"
form_type: "8-K/A"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T08:20:29.342160+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Drilling Tools International files 8-K/A with audited financials for CTG acquisition

## Summary
- Acquired 100% of Casing Technologies Group (CTG) and Deep Casing Tools on March 15, 2024 for undisclosed terms.
- CTG reported 2023 net profit of £1.63M, reversing a 2022 loss of £128,921.
- CTG had net liabilities of £20.17M as of Dec 31, 2023, including a £6.21M loan due on demand.
- New directors appointed at CTG on March 15: R. Wayne Prejean, David Stephenson, David Johnson.
- Amendment provides historical financial statements and unaudited pro forma combined information.

## SEC filing metadata
- accession: 0001193125-24-148080
- form_type: 8-K/A
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000119312524148080/0001193125-24-148080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000119312524148080/d808434d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-148080
- JSON: https://secwatch.observer/filing/0001193125-24-148080.json
- Plain text: https://secwatch.observer/filing/0001193125-24-148080.txt

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