secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001104659-25-021162
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality signs 5-year, $246M+ contract with CoreCivic to reactivate Dilley Facility
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- Five-year lease and services agreement with CoreCivic, expected revenue over $246M through March 2030.
- Approximately $30M revenue anticipated in 2025; facility can support up to 2,400 individuals.
- No capital investment required; economic structure includes fixed minimum revenue regardless of occupancy.
- Contract subject to annual U.S. government appropriations and 60-day cancellation for convenience.
- Reactivation of assets that previously operated from Sept 2014 to Aug 2024 as South Texas Family Residential Center.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000110465925021162/0001104659-25-021162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000110465925021162/tm258405d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021162

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