Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Drilling Tools International Corporation
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit | Maximum Price | Fee Rate | Amount of Registration Fee | |||||||
Equity | Common stock, par value $0.0001 per share | Other(2) | 2,221,594(3) | $3.72(4) | $8,264,330 | $110.20 per $1,000,000 | $911 | |||||||
Equity | Common stock, par value $0.0001 per share | Other(2) | 140,136(3) | $8.76(4) | $1,227,591 | $110.20 per $1,000,000 | $135 | |||||||
Equity | Common stock, par value $0.0001 per share | Other(5) | 2,976,857(6) | $4.09(7) | $12,163,438 | $110.20 per $1,000,000 | $1,341 | |||||||
Total Offering Amounts | $2,387 | |||||||||||||
Total Fee Offsets | — | |||||||||||||
Net Fee Due | $2,387 |
(1) | Pursuant to Rule 416(a) under the Securities Act, this registration statement shall be deemed to register any additional shares of common stock of the Registrant (“Common Stock”) that become issuable under the Registrant’s 2023 Omnibus Incentive Plan (the “Plan”) by reason of any stock split, stock dividend or similar transaction. |
(2) | Rule 457(h). |
(3) | Represents shares of Common Stock underlying stock options granted pursuant to the Plan. |
(4) | Based on the exercise price for outstanding options granted pursuant to the Plan as of the date of this registration statement. |
(5) | Rules 457(c) and Rule 457(h). |
(6) | Represents shares of Common Stock reserved for issuance to participants pursuant to the Plan, including but not limited to stock awards, stock options, stock appreciation rights, restricted stock, restricted stock units, performance-based awards and other stock-based awards. |
(7) | Estimated solely for the purpose of calculating the registration fee, based on the average of the high and low prices of the Common Stock on the Nasdaq Capital Market on August 25, 2023 (such date being within five business days of the date that this registration statement was filed with the SEC). |