---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-248190"
form_type: "8-K"
ticker: "DTI"
cik: "0001884516"
company_name: "Drilling Tools International Corp"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:40:23.835670+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# DTI signs definitive agreement to acquire UK-based Titan Tools Services Ltd.

## Summary
- Acquisition expands DTI's presence in North Sea, Europe, and Africa markets.
- Undisclosed purchase price; expected close in Q1 2025 subject to approvals.
- Titan provides downhole tool rental; combined suite includes Drill-N-Ream and Fixedblade stabilizer.
- CEO says deal aligns with global growth strategy and enhances technological capabilities.
- Transaction subject to customary closing conditions and regulatory approvals.

## SEC filing metadata
- accession: 0001193125-24-248190
- form_type: 8-K
- ticker: DTI
- cik: 0001884516
- company_name: Drilling Tools International Corp
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1884516/000119312524248190/0001193125-24-248190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1884516/000119312524248190/d865920d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-248190
- JSON: https://secwatch.observer/filing/0001193125-24-248190.json
- Plain text: https://secwatch.observer/filing/0001193125-24-248190.txt

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