SDPI.US Merger with Election

SUPERIOR DRILLING PRODUCTS. (SDPI.US) will merge with DTI Merger Sub II, LLC can elect to receive cash or DTI common stock. If the election is oversubscribed, such elections may be prorated.

Participants must obtain the Prospectus dated 02/07/2024 and other related documents for compelte terms and conditions of the Voluntary event.

The terms of the offer are as follows:

Option (1): Take no action [Default option]

Option (2): Elect for SHARES - 0.313 DTI CMN STK FOR EACH SHR SDPI (SUBJECT TO PRORATION). Fractional shares will be converted into cash distribution.

Option (3): Elect for CASH - $1.00 PER SHARE (SUBJECT TO PRORATION)

No response is required for holders who do not want to participate in this offer.

The deadline to tender shares to the offer will be 24/07/2024@ 16:00 (HONG KONG TIME GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: SDPI.US
4. Options: (1) or (2) or (3)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of SDPI.US, they cannot participate in related corporate actions.
2. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
3. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
4. The pending orders and unsettled shares will not be accepted for the time being.
5. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
6. If there is any update, all the information released by the listed company shall prevail.

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