SDPI

Superior Drilling Products Inc.

Delisted

SDPI was delisted on the 31st of July, 2024.

 

About: Superior Drilling Products Inc is engaged in providing equipment and services to the oil and gas industry. The company specializes in the design and manufacture of drilling tool technologies and precision machining including the patented Drill-N-Ream wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for an oilfield services company. The company operates a drill tool fabrication facility in Vernal, Utah. The company operates in North America and other regions, of which the majority of its revenue is derived from North America.

Employees: 75

Financial journalist opinion

Neutral
Business Wire
1 year ago
Superior Drilling Products Shareholders Approve Acquisition by Drilling Tools International
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced that its shareholders voted to approve the acquisition of SDP by Drilling Tools International Corporation (“DTI”) (Nasdaq: DTI) at the special meeting of shareholders held yesterday. Troy Meier, SDP's Chairman and CEO, stated, “We are pleased to have reached this important milestone and appreciate the support o.
Superior Drilling Products Shareholders Approve Acquisition by Drilling Tools International
Neutral
PRNewsWire
1 year ago
DTI and SDPI Announce Deadline for Election of Form of Merger Consideration
HOUSTON and VERNAL, Utah , July 25, 2024 /PRNewswire/ -- Drilling Tools International Corporation (NASDAQ: DTI) ("DTI") and Superior Drilling Products, Inc. (NYSE: SDPI) ("SDPI") jointly announced today, that in connection with DTI's anticipated and pending acquisition of SDPI (the "Merger"), the deadline for SDPI shareholders to elect the form of merger consideration they wish to receive in the Merger has been set for 5:00 p.m., New York time, on July 29, 2024 (the "Election Deadline").
DTI and SDPI Announce Deadline for Election of Form of Merger Consideration
Neutral
PRNewsWire
1 year ago
SUPERIOR DRILLING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
NEW ORLEANS , July 17, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
SUPERIOR DRILLING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
Neutral
GlobeNewsWire
1 year ago
Star Equity Fund Issues Statement on Successful Campaign at Superior Drilling Products
Called on Company to Explore Strategic Alternatives in 2022 and Again in 2023 Star Equity Fund Will Vote FOR the Sale to Drilling Tools International OLD GREENWICH, Conn., July 08, 2024 (GLOBE NEWSWIRE) --  Star Equity Fund, LP and affiliates (“Star Equity Fund”, “we”, “our”), an approximate 10% shareholder of Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDPI” or the “Company”), announced today a successful conclusion to its campaign at SDPI.
Star Equity Fund Issues Statement on Successful Campaign at Superior Drilling Products
Neutral
GlobeNewsWire
1 year ago
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. – SDPI
NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Superior Drilling Products, Inc. ( NYSE : SDPI ), relating to its proposed merger with Drilling Tools International Corp. for a combination of cash and Drilling Tools Stock.
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. – SDPI
Neutral
PRNewsWire
1 year ago
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. - SDPI
NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Superior Drilling Products, Inc. (NYSE: SDPI ), relating to its proposed merger with Drilling Tools International Corp. for a combination of cash and Drilling Tools Stock.
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. - SDPI
Neutral
Business Wire
1 year ago
Superior Drilling Products Reports First Quarter 2024 Results
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today reported financial results for the first quarter ended March 31, 2024. On March 7, 2024, Drilling Tools International Corp. (“DTI”) (Nasdaq: DTI) and SDP jointly announced they have entered into a definitive agreement under which DTI agreed to acquire SDP for total consideration of approximately $32.2 million. The closin.
Superior Drilling Products Reports First Quarter 2024 Results
Neutral
Business Wire
1 year ago
SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Superior Drilling Products, Inc. (the "Company") (NYSE: SDPI) to Drilling Tools International Corp. (NasdaqCM: DTI) for approximately $32.2 million in cash and Drilling Tools stock. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration.
SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
Neutral
Business Wire
1 year ago
SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Superior Drilling Products, Inc. (the "Company") (NYSE: SDPI) to Drilling Tools International Corp. (NasdaqCM: DTI) for approximately $32.2 million in cash and Drilling Tools stock. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration.
SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI
Neutral
Business Wire
1 year ago
Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results.
Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results
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