---
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"
generated_at: "2026-09-09T20:25:06.693893+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality announces upsized secondary offering of 14M shares at $18.50; $30M buyback

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-106345
- JSON: https://secwatch.observer/filing/0001104659-26-106345.json
- Plain text: https://secwatch.observer/filing/0001104659-26-106345.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.