Business
ROC Energy Acquisition Corp. Announces Filing of Registration Statement on Form S-4 in Connection with its Proposed Business Combination with Drilling Tools International
HOUSTON and DALLAS, Feb. 15, 2023 /PRNewswire/ -- ROC Energy Acquisition Corp. ("ROC") (Nasdaq: ROC), a publicly traded special purpose acquisition company,
About this update from Drilling Tools International Corporation
[{"type":"text","content":"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.\n\n \n \n \n \n \n \n\n \nThe Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced proposed business combination between ROC and DTI. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about ROC and DTI, as well as the proposed business combination.\nOn February 13, 2023, ROC entered into a definitive agreement for a business combination with DTI. The transaction is expected to be completed in the second quarter of 2023 and is subject to approval by ROC's shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions.\nAbout Drilling Tools InternationalDrilling Tools International is a Houston, Texas based leading oilfield services company that rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. Drilling Tools operates from 22 locations across North America, Europe and the Middle East. To learn more about Drilling Tools visit: www.drillingtools.com.\nAbout ROC Energy Acquisition Corp.ROC is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While ROC may pursue an acquisition in any business industry or sector, it has concentrated its efforts on the traditional energy sector in the U.S. ROC is led by Chief Executive Officer Daniel Jeffrey Kimes and Chief Financial Officer Rosemarie Cicalese. To learn more, visit: https://rocspac.com.\nForward-Looking StatementsThis press release may include, and oral statements made from time to time by representatives of DTI, ROC, and the combined company resulting from their combination (the \"Combined Compa...