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.

HOUSTON and DALLAS, March 22, 2023 /PRNewswire/ -- 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, and ROC Energy Acquisition Corp. ("ROC") (NASDAQ:ROC), a publicly traded special purpose acquisition company, today announced DTI will host a Virtual Analyst & Investor Day on Tuesday, April 18, 2023 at 10:00am EDT. During the two-hour virtual event, members of the DTI and ROC executive teams wi

DALLAS, March 7, 2023 /PRNewswire/ -- ROC Energy Acquisition Corp. (the "Company") (NASDAQ:ROC) announced today that an affiliate of ROC Energy Holdings LLC (the "Sponsor"), has deposited an aggregate of $2,070,000 (representing $0.10 per public share) (the "Extension Payment") into the Company's trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from March 6, 2023 to June 6, 2023 (the "Extension"). The Extension is the second of two three-month extensions permitted under the Company's governing documents.

HOUSTON, March 7, 2023 /PRNewswire/ -- Drilling Tools International ("DTI" or the "Company"), a leading oilfield services company that rents downhole drilling tools, and CT Energy Services ("CT Energy"), an innovative drilling tool solutions company for the global oil and gas market, today announced DTI as the exclusive US distributor of CT Energy's RotoSteer™. The two companies will cooperate to maximize the effective launch of the technology in the US, Canada, and other International locations. The RotoSteer™ is a versatile drilling tool that can be utilized for various need

DALLAS, March 3, 2023 /PRNewswire/ -- ROC Energy Acquisition Corp. (the "Company") (NASDAQ:ROC) announced today that its sponsor, ROC Energy Holdings LLC (the "Sponsor"), has requested that the Company extend the date by which the Company must consummate a business combination from March 6, 2023 to June 6, 2023 (the "Extension"). The Extension is the second of two three-month extensions permitted under the Company's governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to deposit an aggregate of $2,070,000 (representing $0.10 per public share) into the Company's trust account on or before March 6, 2023. The Extension provides the Company

HOUSTON and DALLAS, Feb. 15, 2023 /PRNewswire/ -- ROC Energy Acquisition Corp. ("ROC") (NASDAQ:ROC), a publicly traded special purpose acquisition company, and Drilling Tools International ("DTI" or the "Company"), a leading oilfield services company that rents downhole drilling tools, today announced that ROC filed a registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") on February 14, 2023. The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announc

Drilling Tools International Holdings, Inc. ("DTI" or the "Company") has entered into a definitive business combination agreement with ROC Energy Acquisition Corp. ("ROC") (NASDAQ:ROC). Upon closing, the combined company (the "Combined Company") will be listed on the Nasdaq under the new ticker "DTI".Headquartered in Houston, Texas, with roots dating back to 1984, DTI manufactures and provides a differentiated, rental-focused offering of tools used for horizontal and directional drilling. DTI has been majority owned by an affiliate of Hicks Equity Partners LLC and led for almost 10 years by CEO Wayne Prejean and an experienced management team.DTI expects to achieve strong EBITDA margins of o

DALLAS, Dec. 7, 2022 /PRNewswire/ -- ROC Energy Acquisition Corp. (NASDAQ:ROC) (the "Company") announced today that an affiliate of ROC Energy Holdings LLC (the "Sponsor"), has deposited an aggregate of $2,070,000 (representing $0.10 per public share) (the "Extension Payment") into the Company's trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from December 6, 2022 to March 6, 2023 (the "Extension"). The Extension is the first of two three-month extensions permitted under the Company's governing documents.

DALLAS, Dec. 2, 2022 /PRNewswire/ -- ROC Energy Acquisition Corp. (NASDAQ:ROC) (the "Company") announced today that its sponsor, ROC Energy Holdings, LLC (the "Sponsor"), has requested that the Company extend the date by which the Company has to consummate a business combination from December 6, 2022 to March 6, 2023 (the "Extension"). The Extension is the first of two three-month extensions permitted under the Company's governing documents. In connection with the Extension, the Sponsor has notified the Company that it intends to deposit an aggregate of $2,070,000 (representing $0.10 per public share) into the Company's trust account on or before December 6, 2022. The Extension provides the