[SCHEDULE 13G] Drilling Tools International Corp SEC Filing
Jeffrey L. Gendell reports beneficial ownership of 1,849,553 shares of Drilling Tools International Corporation common stock, representing 5.2% of the 35,661,297 shares outstanding used for this filing. The shares are directly owned by two Delaware limited partnerships: Tontine Financial Partners, L.P. (1,757,893 shares) and Tontine Capital Overseas Master Fund II, L.P. (91,660 shares). Mr. Gendell is the managing member of the general partner entities that direct those partnerships and exercises shared voting and dispositive power over the reported shares. The filing is submitted on Schedule 13G and includes a certification that the holdings are not held to influence control of the issuer.
Jeffrey L. Gendell riferisce una detenzione beneficiaria di 1.849.553 azioni delle azioni ordinarie della Drilling Tools International Corporation, che rappresentano il 5,2% delle 35.661.297 azioni in circolazione utilizzate per questa presentazione. Le azioni sono direttamente detenute da due partnership limitate del Delaware: Tontine Financial Partners, L.P. (1.757.893 azioni) e Tontine Capital Overseas Master Fund II, L.P. (91.660 azioni). Il signor Gendell è il managing member dei general partner che dirigono tali partnership e esercita potere di voto e dispositivi condivisi sulle azioni riportate. La presentazione è presentata nello Schedule 13G e include una certificazione che le partecipazioni non sono detenute per influire sul controllo dell’emittente.
Jeffrey L. Gendell informa la titularidad beneficiosa de 1.849.553 acciones de las acciones ordinarias de Drilling Tools International Corporation, que representan el 5,2% de las 35.661.297 acciones en circulación utilizadas para esta presentación. Las acciones son poseídas directamente por dos sociedades limitadas del Delaware: Tontine Financial Partners, L.P. (1.757.893 acciones) y Tontine Capital Overseas Master Fund II, L.P. (91.660 acciones). El Sr. Gendell es el miembro gerente de las entidades del socio general que dirigen esas asociaciones y ejerce poder de voto y dispositive compartido sobre las acciones reportadas. La presentación se presenta en el Schedule 13G e incluye una certificación de que las participaciones no se poseen para influir en el control del emisor.
제프리 L. 젠델은 Drilling Tools International Corporation의 보통주 1,849,553주의 유익한 소유권을 보고하며, 이는 발행 주식 3,566만 1,297주 중 5.2%를 차지합니다. 해당 주식은 델라웨어 주의 두 제한책임회사인 Tontine Financial Partners, L.P. (1,757,893주)와 Tontine Capital Overseas Master Fund II, L.P. (91,660주)가 직접 소유합니다. 젠델씨는 이 파트너십을 지시하는 일반 파트너의 관리 구성원이며, 보고된 주식에 대해 공동으로 의결권과 처분권을 행사합니다. 이 제출은 Schedule 13G에 제출되며, 발행사의 지배력을 행사하기 위한 보유가 아니라고 하는 인증을 포함합니다.
Jeffrey L. Gendell déclare une propriété bénéficiaire de 1 849 553 actions ordinaires de Drilling Tools International Corporation, soit 5,2% des 35 661 297 actions en circulation utilisées pour ce dépôt. Les actions sont détenues directement par deux sociétés en commandite du Delaware : Tontine Financial Partners, L.P. (1 757 893 actions) et Tontine Capital Overseas Master Fund II, L.P. (91 660 actions). M. Gendell est le membre dirigeant des partenaires généraux qui dirigent ces partenariats et exerce un pouvoir de vote et de disposition partagé sur les actions déclarées. Le dépôt est soumis sur le Schedule 13G et inclut une certification selon laquelle les participations ne visent pas à influencer le contrôle de l’émetteur.
Jeffrey L. Gendell meldet einen beneficial ownership von 1.849.553 Stammaktien der Drilling Tools International Corporation, was 5,2% der 35.661.297 ausstehenden Aktien entspricht, die für dieses Filing verwendet wurden. Die Aktien werden direkt von zwei Delaware Limited Partnerships gehalten: Tontine Financial Partners, L.P. (1.757.893 Aktien) und Tontine Capital Overseas Master Fund II, L.P. (91.660 Aktien). Herr Gendell ist der geschäftsführende Gesellschafter der General Partner-Gesellschaften, die diese Partnerschaften leiten, und übt gemeinschaftliche Stimm- und Verfügungsgewalt über die gemeldeten Aktien aus. Die Einreichung wird auf Schedule 13G eingereicht und enthält eine Zertifizierung, dass die Beteiligungen nicht dazu dienen, die Kontrolle über den Emittenten zu beeinflussen.
جيفري ل. جندل يعلن الملكية المفيدة لـ 1,849,553 سهماً من أسهم شركة Drilling Tools International Corporation العادية، والتي تمثل 5.2% من إجمالي 35,661,297 سهماً قائماً استخدمت لهذه الإخطار. الأسهم مملوكة مباشرة من قبل شريكتين محدودتين في ديلاوير: Tontine Financial Partners, L.P. (1,757,893 سهماً) و Tontine Capital Overseas Master Fund II, L.P. (91,660 سهماً). السيد جندل هو العضو المدير للكيانات الشريكة العامة التي تدير تلك الشراكات ويمارس سلطة تصويت وتصرف مشتركة على الأسهم المبلاغ عنها. يتم تقديم الإخطار في Schedule 13G ويتضمن شهادة بأن الحيازات ليست من أجل التأثير في سيطرة الجهة المصدِرة.
Jeffrey L. Gendell 报告对 Drilling Tools International Corporation 普通股的1,849,553股实益所有权,约占用于本次申报的35,661,297股已发行股本的5.2%。这些股份直接由两家特拉华州的有限合伙企业持有:Tontine Financial Partners, L.P.(1,757,893股)和 Tontine Capital Overseas Master Fund II, L.P.(91,660股)。Gendell先生是指挥这些合伙企业的普通合伙人实体的执行成员,并对所报告的股票行使共同的表决权和处置权。本次申报在 Schedule 13G 上提交,且包含一项证明,持股并非为了影响发行人的控制权。
- Disclosure of a material stake: Ownership of 1,849,553 shares (5.2%) is clearly reported
- Entity structure transparency: Filing identifies the two partnerships and the managing member roles
- Passive intent certified: Item 10 certification states the securities are not held to influence control
- None.
Insights
TL;DR: A passive investor discloses a modest but material >5% stake, increasing investor visibility into ownership concentration.
The Schedule 13G indicates Mr. Gendell holds 1,849,553 shares, or 5.2% of the company, via two investment partnerships. The use of Rule 13d-1(b)/(c)/(d) procedural boxes and the Item 10 certification signal a passive intent rather than an attempt to influence control. For valuation or market-impact analysis, this level of ownership is material for disclosure but does not by itself indicate governance change or a control contest.
TL;DR: Ownership is concentrated enough to warrant monitoring but the filing asserts no control-seeking activities.
Mr. Gendell’s role as managing member of the general partners explains why voting and dispositive powers are reported as shared rather than sole. The filing identifies the specific entities and clarifies that the general partners direct receipt of dividends and sale proceeds. The Schedule 13G format and the signed certification are consistent with a passive disclosure framework under the Exchange Act.
Jeffrey L. Gendell riferisce una detenzione beneficiaria di 1.849.553 azioni delle azioni ordinarie della Drilling Tools International Corporation, che rappresentano il 5,2% delle 35.661.297 azioni in circolazione utilizzate per questa presentazione. Le azioni sono direttamente detenute da due partnership limitate del Delaware: Tontine Financial Partners, L.P. (1.757.893 azioni) e Tontine Capital Overseas Master Fund II, L.P. (91.660 azioni). Il signor Gendell è il managing member dei general partner che dirigono tali partnership e esercita potere di voto e dispositivi condivisi sulle azioni riportate. La presentazione è presentata nello Schedule 13G e include una certificazione che le partecipazioni non sono detenute per influire sul controllo dell’emittente.
Jeffrey L. Gendell informa la titularidad beneficiosa de 1.849.553 acciones de las acciones ordinarias de Drilling Tools International Corporation, que representan el 5,2% de las 35.661.297 acciones en circulación utilizadas para esta presentación. Las acciones son poseídas directamente por dos sociedades limitadas del Delaware: Tontine Financial Partners, L.P. (1.757.893 acciones) y Tontine Capital Overseas Master Fund II, L.P. (91.660 acciones). El Sr. Gendell es el miembro gerente de las entidades del socio general que dirigen esas asociaciones y ejerce poder de voto y dispositive compartido sobre las acciones reportadas. La presentación se presenta en el Schedule 13G e incluye una certificación de que las participaciones no se poseen para influir en el control del emisor.
제프리 L. 젠델은 Drilling Tools International Corporation의 보통주 1,849,553주의 유익한 소유권을 보고하며, 이는 발행 주식 3,566만 1,297주 중 5.2%를 차지합니다. 해당 주식은 델라웨어 주의 두 제한책임회사인 Tontine Financial Partners, L.P. (1,757,893주)와 Tontine Capital Overseas Master Fund II, L.P. (91,660주)가 직접 소유합니다. 젠델씨는 이 파트너십을 지시하는 일반 파트너의 관리 구성원이며, 보고된 주식에 대해 공동으로 의결권과 처분권을 행사합니다. 이 제출은 Schedule 13G에 제출되며, 발행사의 지배력을 행사하기 위한 보유가 아니라고 하는 인증을 포함합니다.
Jeffrey L. Gendell déclare une propriété bénéficiaire de 1 849 553 actions ordinaires de Drilling Tools International Corporation, soit 5,2% des 35 661 297 actions en circulation utilisées pour ce dépôt. Les actions sont détenues directement par deux sociétés en commandite du Delaware : Tontine Financial Partners, L.P. (1 757 893 actions) et Tontine Capital Overseas Master Fund II, L.P. (91 660 actions). M. Gendell est le membre dirigeant des partenaires généraux qui dirigent ces partenariats et exerce un pouvoir de vote et de disposition partagé sur les actions déclarées. Le dépôt est soumis sur le Schedule 13G et inclut une certification selon laquelle les participations ne visent pas à influencer le contrôle de l’émetteur.
Jeffrey L. Gendell meldet einen beneficial ownership von 1.849.553 Stammaktien der Drilling Tools International Corporation, was 5,2% der 35.661.297 ausstehenden Aktien entspricht, die für dieses Filing verwendet wurden. Die Aktien werden direkt von zwei Delaware Limited Partnerships gehalten: Tontine Financial Partners, L.P. (1.757.893 Aktien) und Tontine Capital Overseas Master Fund II, L.P. (91.660 Aktien). Herr Gendell ist der geschäftsführende Gesellschafter der General Partner-Gesellschaften, die diese Partnerschaften leiten, und übt gemeinschaftliche Stimm- und Verfügungsgewalt über die gemeldeten Aktien aus. Die Einreichung wird auf Schedule 13G eingereicht und enthält eine Zertifizierung, dass die Beteiligungen nicht dazu dienen, die Kontrolle über den Emittenten zu beeinflussen.