DTI S-4: Acquisition

DTI

Filed with the SEC on · accession 0001213900-26-116909

DTI filed a S-4 (s-4) with the SEC on Nov 6, 2026. A report the company filed with the SEC (the US market regulator). The stock moved +1.4% by the first close after the filing.

Summary of the filing

DTI entered a Share Purchase Agreement to acquire 100% of Saltire Energy Limited and Foxley Energy Limited for approximately £60.3 million in cash plus unsecured loan notes that will be exchanged for DTI shares at closing.

Key details

Cash considerationGBP 60.3M
Approximate USD equivalent of cash consideration$81.0M
Shares to be issued to Sellers at closingshares 174K
AcquirerDrilling Tools International Corporation
TargetSaltire Energy Limited
TargetFoxley Energy Limited
Acquisition subsidiary of dtiCasing Technologies Group Limited
Chairman and chief executive officer of dtiR. Wayne Prejean
Seller representativeJack William Loggie

How DTI stock reacted

Close before

$1.41

Nov 5, 2026

First close after

+1.42%

$1.43

5 trading days

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Since filing

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Frequently asked questions

What did DTI file with the SEC on Nov 6, 2026?

DTI filed a S-4 (Acquisition). DTI entered a Share Purchase Agreement to acquire 100% of Saltire Energy Limited and Foxley Energy Limited for approximately £60.3 million in cash plus unsecured loan notes that will be exchanged for DTI shares at closing.

What does a acquisition mean for DTI stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a S-4?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A S-4 (s-4): A report the company filed with the SEC (the US market regulator).

How did DTI stock react to this filing?

DTI closed at $1.41 before the filing and $1.43 on Nov 6, 2026 (+1.42%).

Other DTI SEC filings

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