secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001104659-22-027588
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality CEO Brad Archer to step down by Dec 31, 2022; prelim 2021 revenue ~$290M, above guidance
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- Brad Archer resigns as President, CEO and board member effective Dec 31, 2022; will assist transition as senior strategic advisor.
- Board forms search committee and will engage executive search firm to identify successor CEO.
- Preliminary 2021 revenue ~$290M, up 29% YoY and 2% above prior high-end guidance.
- Company expects to meet or exceed high-end of all previously announced 2021 financial outlook ranges.
- New form executive RSU and PSU award agreements adopted under 2019 Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000110465922027588/0001104659-22-027588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000110465922027588/tm227671d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-027588

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