Superior Drilling Products, Inc. (SDPI) [Rocket]

Sold 3,180 shares @ $1.39, valued at $4.4k
Sold 26,199 shares @ $1.34, valued at $35.1k
Sold 1,614 shares @ $1.35, valued at $2.2k
Sold 1,713 shares @ $1.39, valued at $2.4k
Sold 14,108 shares @ $1.34, valued at $18.9k
Sold 869 shares @ $1.35, valued at $1.2k

08/08/2023

SC 13D/A

Star Equity Fund, LP reports a 10.5% stake in Superior Drilling Products, Inc.

08/04/2023

Eberwein Jeffrey E. (10% Owner) has filed a Form 4 on Superior Drilling Products, Inc.

Txns:

Sold 2,282 shares @ $1.34, valued at $3.1k
Sold 1,229 shares @ $1.34, valued at $1.6k

08/02/2023

8-K

Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Ob...

Docs:

"LOAN AGREEMENT",
"$1,719,200.00 July 28, 2023 Tulsa, Oklahoma FOR VALUE RECEIVED, the undersigned, Superior Drilling Products, Inc., a Utah corporation , hereby promises to pay to the order of Vast Bank, National Association, a national banking association , on or before July 28, 2028 , the principal amount of One Million Seven Hundred Nineteen Thousand Two Hundred and No/100 Dollars , the amount of the Term Loan made by Lender to Borrower under that certain Loan Agreement of even date herewith between and among Borrower, Lender, and the Guarantors party thereto . Interest shall accrue on the Term Loan at such interest rates as set forth in the Loan Agreement. The entire unpaid principal balance of the Term Loan, together with all unpaid interest accrued thereon, will be due and payable in full on the Term ...",
"$750,000.00 July 28, 2023 Tulsa, Oklahoma FOR VALUE RECEIVED, the undersigned, Superior Drilling Products, Inc., a Utah corporation , hereby promises to pay to the order of Vast Bank, National Association, a national banking association , on or before July 28, 2025 , the principal amount of the Revolving Loans made by Lender to Borrower under that certain Loan Agreement of even date herewith between and among Borrower, Lender, and the Guarantors party thereto . Borrower promises to pay interest on the unpaid principal amount of each Revolving Loan from the date of such Revolving Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Loan Agreement. If any amount is not paid in full when due hereunder, such unpaid amount shall bear inte...",
"Cover Page Interactive Data File (embedded within the Inline XBRL document)",
"BUSINESSMANAGER ® AGREEMENT WITH BUSINESSES AND PROFESSIONALS TO: Vast Bank, National Association FROM: Superior Drilling Products, Inc. 110 N. Elgin, Suite 500 1583 S. 1700 East Tulsa, OK 74120 Vernal, UT 84078 This BusinessManager® Agreement with Businesses and Professionals is between Financial Institution and Business and is intended to govern Business’ sale of Accounts, as defined below, to Financial Institution which Accounts arise from the sale of goods or provision of services to Business’ Customers and which Accounts Financial Institution may purchase pursuant to the terms of the Agreement. The accepted terms are as follows: SECTION 1: DEFINITIONS 1.1 “ Accounts ” means a right to payment of a monetary Obligation, whether or not earned by performance, for property that has been o...",
"FIRST AMENDMENT TO THE COMMERCIAL LEASE This First Amendment to the Commercial Lease by and between Commercial Lease between Ernest M. Cherry, Jr., as Trustee of The Ernest M. Cherry, Jr. Revocable Trust Dated July 1, 1992, and Carole A. Cherry, as Trustee of The Carole A. Cherry Revocable Trust Dated July 1, 1992 with reference to the Premises, as defined in the Lease, is entered into between Landlord and Tenant. Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Lease. Whereas, Landlord and Tenant entered into the Lease dated December 7, 2020, and Whereas, Tenant desires to assign its all of its interests in and under the Lease to Permitted Transferee, Superior Drilling Products, Inc. , and Whereas, Landlord, Tenant an...",
"Superior Drilling Products, Inc. Enters Into New Loan and Line of Credit Agreement"