secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0001712189-24-000077
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality receives U.S. government notice to terminate STFRC contract; effective Aug 9, 2024
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- U.S. government intends to terminate South Texas Family Residential Center services agreement with Target's migrant programming partner in 60 days.
- Target's STFRC Contract with partner will terminate concurrently on or about August 9, 2024.
- Target retains ownership of the modular assets and can redeploy them to other segments.
- Company plans to provide financial and operational updates reflecting the termination before June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000171218924000077/0001712189-24-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000171218924000077/th8-k.htm
  HTML page:      https://secwatch.observer/filing/0001712189-24-000077

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