---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-231611"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:43:52.180369+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DTI closes acquisition of European Drilling Projects (EDP) to expand global footprint and technology portfolio.

## Summary
- Acquired EDP, a global provider of next-generation stabilizers, specialty reamers, and wellbore optimization technology.
- Terms of the transaction were not disclosed.
- EDP's products include Fixedblade stabilizer, complementing DTI's Drill-N-Ream technology.
- EDP's Eastern Hemisphere footprint aligns with DTI's international growth strategy.
- Founders Tom Newman and Lauraine Kaal join DTI; Jelle Zwart remains Managing Director.

## SEC filing metadata
- accession: 0001193125-24-231611
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000119312524231611/0001193125-24-231611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000119312524231611/d861752d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-231611
- JSON: https://secwatch.observer/filing/0001193125-24-231611.json
- Plain text: https://secwatch.observer/filing/0001193125-24-231611.txt

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