---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-184260"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:22:55.536692+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# DTI and SDPI set July 29 election deadline for merger consideration in pending acquisition

## Summary
- SDPI shareholders must elect form of consideration (stock or cash) by 5:00 p.m. ET on July 29, 2024.
- Special meeting to approve merger expected July 29, 2024; closing expected August 1, 2024.
- Each SDPI share converts to either 0.313 DTI shares or $1.00 cash, subject to proration.
- DTI will issue between 4.11M and 4.85M shares based on shareholder elections.
- Shareholders holding through a broker may have earlier deadlines; contact exchange agent at (855) 793-5068.

## SEC filing metadata
- accession: 0001193125-24-184260
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000119312524184260/0001193125-24-184260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000119312524184260/d840415d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-184260
- JSON: https://secwatch.observer/filing/0001193125-24-184260.json
- Plain text: https://secwatch.observer/filing/0001193125-24-184260.txt

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