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[SCHEDULE 13G] Drilling Tools International Corp SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

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.

Positive
  • 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
Negative
  • 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.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: The percentages used in this Schedule 13G are calculated based upon the 35,661,297 shares of Common Stock, par value $0.0001 per share ("Common Stock"), of Drilling Tools International Corporation (the "Company") issued and outstanding as of August 14, 2025, as set forth in the Company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025 filed with the Securities and Exchange Commission on August 14, 2025.


SCHEDULE 13G



Jeffrey L. Gendell
Signature:/s/ Jeffrey L. Gendell
Name/Title:Jeffrey L. Gendell
Date:09/26/2025

FAQ

Who reported the 5.2% stake in Drilling Tools International (DTI)?

The filing was made by Jeffrey L. Gendell, reporting beneficial ownership through Tontine Financial Partners, L.P. and Tontine Capital Overseas Master Fund II, L.P.

How many shares and what percentage of DTI does Mr. Gendell report?

He reports 1,849,553 shares, representing 5.2% of the class based on 35,661,297 shares outstanding used in the filing.

Are the reported shares held directly or through entities?

The shares are directly owned by two Delaware limited partnerships: TFP (1,757,893 shares) and TCOM II (91,660 shares).

Does the filing indicate an intent to influence control of DTI?

No. The Schedule 13G includes a certification stating the securities were not acquired and are not held to change or influence control.

What voting and dispositive powers are reported?

The filing reports 0 shares with sole voting or dispositive power and 1,849,553 shares with shared voting and dispositive power.
Drilling Tools International Corporation

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Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
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United States
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