Drilling Tools International Corp: agrees to acquire Saltire Energy Limited and Foxley Energy Limited

What happened On Oct 8, 2026, Drilling Tools International Corporation and its wholly owned subsidiary Casing Technologies Group Limited entered into a Share Purchase Agreement with Saltire Energy Limited, Foxley Energy Limited, the sellers named in the agreement and Jack William Loggie as Seller Representative. Under the Purchase Agreement, the buyer has agreed to acquire all of the issued share capital of the Group (the Transaction). The company hosted a conference call on Oct 8, 2026, and a transcript of that call is furnished as Exhibit 99.1 to this Form 8-K.

Key details

• Buyer: Casing Technologies Group Limited, a wholly owned subsidiary of Drilling Tools International Corporation.
• Sellers: Saltire Energy Limited and Foxley Energy Limited; Jack William Loggie is named as Seller Representative.
• Transaction: acquisition of all of the issued share capital of the Group under a Share Purchase Agreement dated Oct 8, 2026.
• Regulation FD disclosure: the company hosted a conference call and furnished a transcript as Exhibit 99.1.

Why it may matter The Form 8-K reports Item 7.01 (Regulation FD Disclosure), describing the company’s entry into the Share Purchase Agreement and the related conference call, and Item 9.01 (Financial Statements and Exhibits), furnishing the transcript. A filing does not show why the insider traded or why the company acted.