ZombieBlank Check
What Happened to Drilling Tools International?
Ticker: DTISPAC Year: 2021
Return
-62.8%
Current Price
$3.72
Peak Price
$11.24
Trust Size
$222M
Summary
Drilling Tools International Corp (DTI) filed its S-1 registration in 2021. The company remains actively traded with 235 SEC filings on record.
What Happened
Drilling Tools International Corp entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
SEC records show 235 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-11-19
S-1 Registration Filed