secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001712189-24-000046
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality receives unsolicited buyout offer of $10.80 per share from TDR Capital affiliate
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- Arrow Holdings, TDR Capital affiliate, offers $10.80 per share for all outstanding shares not owned by TDR or its funds.
- Board plans to form a special committee of independent directors with independent advisors to evaluate the proposal.
- Proposal is unsolicited and non-binding; no assurance that any transaction will be approved or consummated.
- Target Hospitality provides vertically integrated modular accommodations and hospitality services (NASDAQ: TH).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000171218924000046/0001712189-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000171218924000046/th8-k.htm
  HTML page:      https://secwatch.observer/filing/0001712189-24-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer