{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-106345","form_type":"8-K","ticker":"TH","cik":"0001712189","company_name":"Target Hospitality Corp.","filed_at":"2026-09-09T20:23:41+00:00","discovered_at":"2026-09-09T20:25:00.705469+00:00","generated_at":"2026-09-09T20:25:06.693893+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Target Hospitality announces upsized secondary offering of 14M shares at $18.50; $30M buyback","bullets":["Selling stockholders (TDR Capital entities) to sell 14M shares at $18.50, gross proceeds ~$259M; company receives none.","Company to repurchase ~$30M of shares from underwriters concurrently, funded by cash and ABL borrowings.","Offering upsized from 12M shares; underwriters have 30-day option for additional 2.1M shares.","Closing expected Sept 10, 2026; Morgan Stanley, Deutsche Bank, J.P. Morgan lead."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-106345","json":"https://secwatch.observer/filing/0001104659-26-106345.json","markdown":"https://secwatch.observer/filing/0001104659-26-106345.md","text":"https://secwatch.observer/filing/0001104659-26-106345.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926106345/0001104659-26-106345-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926106345/tm2623414d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-09T20:25:06.693893+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}