Drilling Tools Plans To List On Nasdaq Through Business Combination With ROC Energy Acquisition
$ROC
Computer Software: Prepackaged Software
Technology
Drilling Tools Plans To List On Nasdaq Through Business Combination With ROC Energy Acquisition
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4 - Drilling Tools International Corp (0001884516) (Issuer)
4 - Drilling Tools International Corp (0001884516) (Issuer)
4 - Drilling Tools International Corp (0001884516) (Issuer)
CERT - Rank One Computing Corp (0002077709) (Filer)
S-1MEF - Rank One Computing Corp (0002077709) (Filer)
8-A12B/A - Rank One Computing Corp (0002077709) (Filer)
DENVER, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Rank One Computing Corporation d/b/a ROC, (NASDAQ:ROC) ("ROC" or the "Company"), a U.S. leader in multimodal Vision AI, building sovereign biometric, video analytics, and mission intelligence solutions into a unified platform, today announced the closing of its previously announced Initial Public Offering (the "Offering") of 4,000,000 shares of common stock at a public offering price of $6.00 per share, which was the high end of the range, for total gross proceeds of $24 million, before deducting underwriting discounts and commissions and other Offering expenses. The Company intends to use the net proceeds from the Offering (i) to hire key resource
Drilling Tools International ("DTI"), with roots dating back to 1984, is a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling in the oil and gas industryThe PIPE transaction, which totaled $40.8 million, included meaningful participation by Fifth Partners, an affiliate of ROC's sponsor, as well as DTI's existing preferred shareholdersThe transaction generated $25.9 million of cash from a common stock PIPE and $1.7 million of cash from ROC's trust account, after giving effect to shareholder redemptionsExisting DTI shareholders elected to reinvest $10.8 million of the cash they were
HOUSTON and DALLAS, May 17, 2023 /PRNewswire/ -- ROC Energy Acquisition Corp. ("ROC") (NASDAQ:ROC), a publicly traded special purpose acquisition company, today announced that ROC's registration statement on Form S-4, relating to the previously announced proposed business combination between ROC and Drilling Tools International Holdings, Inc. ("DTI" or the "Company"), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, has been declared effective by the U.S. Securities and Exchange Commission.
SC 13G/A - Drilling Tools International Corp (0001884516) (Subject)
SC 13G/A - Drilling Tools International Corp (0001884516) (Subject)
SC 13D - Drilling Tools International Corp (0001884516) (Subject)