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    Drilling Tools International Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    3/13/25 5:13:05 PM ET
    $DTI
    Metal Fabrications
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    Get the next $DTI alert in real time by email
    8-K
    false000188451600018845162025-03-132025-03-13

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    FORM 8-K

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the

    Securities Exchange Act of 1934

    Date of report (date of earliest event reported): March 13, 2025

    DRILLING TOOLS INTERNATIONAL CORPORATION

    (Exact name of registrant as specified in its charter)

     

    Delaware

    001-41103

    87-2488708

    (State or other
    jurisdiction of incorporation)

    (Commission File Number)

    (I.R.S. Employer
    Identification No.)

     

    3701 Briarpark Drive, Suite 150

    Houston, Texas

    77042

    (Address of principal executive offices)

    (Zip Code)

     

    Registrant’s telephone number, including area code: (832) 742-8500

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class:

     

    Trading Symbol(s)

     

    Name of each exchange on which registered:

    Common stock, par value $0.0001 per share

     

    DTI

     

    The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☒

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

    1


    Item 2.02. Results of Operations and Financial Condition

    On March 13, 2025, Drilling Tools International Corporation (the “Company”) issued a press release announcing the Company’s financial and operating results for the fourth quarter and fiscal year ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.

    The information in this report and the exhibits attached hereto shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, not shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

    Item 9.01. Financial Statements and Exhibits

    (d) Exhibits

     

    99.1

    Press Release, dated March 13, 2025

     

     

    104

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

    2


    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Dated: March 13, 2025

     

    DRILLING TOOLS INTERNATIONAL CORPORATION

    By:

     

    /s/ David R. Johnson

     

     

    David R. Johnson

     

     

    Chief Financial Officer

     

     

    (Principal Financial and Accounting Officer)

     

    3


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