ROC Energy Acquisition Corp.
closed
DTI
Capital Structure & Economics
Trust Size$151,500,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
No Warrants / No Drag| Public Trust Allocation | $151,500,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedNov 9, 2021
SearchingTarget Pending
Maturation Wall
Jun 6, 2023
Announced Target / M&A
- Target CompanyDrilling Tools International Corporation
- SectorOilfield Services
- Announced Deal Size$536,000,000
Board & Officers
- Wayne PrejeanCEO
- Fifth Partners, LLCOfficer
- Director
- Director
- Director
Advanced Structuring Terms
| Target Sectors | Oilfield Services |
Syndicate & Advisors
- LEAD
- TRUSTEE
- Fifth Partners, LLCOTHER
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.