secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001104659-26-046359
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selling stockholders (TDR Capital) to sell 7M shares at $14.00 in secondary offering
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- Underwriters: Morgan Stanley and Deutsche Bank; co-managers include Stifel & Texas Capital.
- Selling stockholders granted 30-day option for additional 1.05M shares.
- Company receives no proceeds from the offering; total gross proceeds ~$98M to sellers.
- Closing expected April 23, 2026, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000110465926046359/0001104659-26-046359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000110465926046359/tm269315d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-046359

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