Drilling Tools International Appoints Grant Thornton as New Auditor, Replacing Weaver and Tidwell

Reuters

05-21

Drilling Tools International Appoints Grant Thornton as New Auditor, Replacing Weaver and Tidwell

Drilling Tools International Corporation has announced a change in its certifying accountant, following a competitive selection process conducted by the Audit Committee of its Board of Directors. Effective May 15, 2025, Grant Thornton LLP has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, replacing Weaver and Tidwell, L.L.P. (Weaver). The decision comes after a review and evaluation of proposals from participating firms. Importantly, during the fiscal years 2023 and 2024, there were no disagreements or reportable events between Drilling Tools International and Weaver regarding accounting principles or practices. Weaver's reports for those years did not contain adverse opinions or modifications. Weaver has been informed of the dismissal and a letter from them has been filed with the SEC in agreement with the company's disclosures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Drilling Tools International Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-123142), on May 20, 2025, and is solely responsible for the information contained therein.

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Effective May 15, 2025, Grant Thornton LLP has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, replacing Weaver and Tidwell, L.L.P. (Weaver). The decision comes after a review and evaluation of proposals from participating firms. Importantly, during the fiscal years 2023 and 2024, there were no disagreements or reportable events between Drilling Tools International and Weaver regarding accounting principles or practices. Weaver's reports for those years did not contain adverse opinions or modifications. Weaver has been informed of the dismissal and a letter from them has been filed with the SEC in agreement with the company's disclosures.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Drilling Tools International Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-123142), on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DTI","symbol_name":"Drilling Tools International Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL2yVmWz:1","article_id":"2537262808","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537262808","pubTimestamp":1747771588,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Drilling Tools International Corporation has announced a change in its certifying accountant, following a competitive selection process conducted by the Audit Committee of its Board of Directors. 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Effective May 15, 2025, Grant Thornton LLP has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, replacing Weaver and Tidwell, L.L.P. (Weaver). The decision comes after a review and evaluation of proposals from participating firms. Importantly, during the fiscal years 2023 and 2024, there were no disagreements or reportable events between Drilling Tools International and Weaver regarding accounting principles or practices. Weaver's reports for those years did not contain adverse opinions or modifications. Weaver has been informed of the dismissal and a letter from them has been filed with the SEC in agreement with the company's disclosures.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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