Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
Superior Drilling Products, Inc. (SDPI)
NASDAQ:AMEX Investor Relations:
sdpi.com
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Source: Yahoo! Finance
VERNAL, Utah, March 07, 2024 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 fourth quarter and full year ended December 31, 2023. In a separate news release dated 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. In the transaction, SDP shareholders may elect to receive, subject to the election, proration and adjustment mechanics more fully set forth in such definitive agreement, (i) $1.00 in cash, without interest and subject to withholding, per share of SDP common stock, or (ii) 0.313 shares of DTI common stock per share of SDP common stock. The closing of the transaction is expected to occur in the third quarter of 2024. Troy Meier, Chairman and CEO
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SDPI
News
- Superior Drilling Products, Inc. (NYSE: SDPI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Superior Drilling Products Reports First Quarter 2024 ResultsBusiness Wire
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates SDPI, MINM, ETRNGlobeNewswire
- 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. - SDPIBusiness Wire
- Superior Drilling Products, Inc. (NYSE: SDPI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
SDPI
Sec Filings
- 5/15/24 - Form 10-Q
- 5/14/24 - Form 4
- 5/14/24 - Form 8-K
- SDPI's page on the SEC website