{"filing":{"accession_number":"0001104659-26-106345","cik":"0001712189","ticker":"TH","company_name":"Target Hospitality Corp.","form":"8-K","filing_date":"2026-09-09","report_date":"2026-09-08","primary_document":"tm2623414d2_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926106345/tm2623414d2_8k.htm"},"events":[{"id":32375,"run_id":29743,"accession_number":"0001104659-26-106345","anchor_item_number":"8.01","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Target Hospitality entered into an underwriting agreement for a secondary offering of 14 million shares at $18.50/share by selling stockholders (TDR Capital entities), generating ~$259 million in gross proceeds to the sellers. Concurrently, the Company agreed to repurchase approximately $30 million of shares from the underwriters to be held as treasury stock, funded by cash on hand and ABL Credit Facility borrowings. While this involves equity issuance mechanics, the Company itself is not raising capital (receiving no offering proceeds) but is executing a concurrent share repurchase—a capital allocation decision material to investors. This is a financial event involving capital structure changes but does not fit the specific categories of dilutive_issuance (which applies to the Company raising capital) or dividend_distribution; financial_other best captures the material secondary offering and concurrent repurchase activity.","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-09-09","form":"8-K","submitted_at":null,"items":[{"id":35536,"accession_number":"0001104659-26-106345","item_number":"8.01","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Target Hospitality entered into an underwriting agreement for a secondary offering of 14 million shares at $18.50/share by selling stockholders (TDR Capital entities), generating ~$259 million in gross proceeds to the sellers. Concurrently, the Company agreed to repurchase approximately $30 million of shares from the underwriters to be held as treasury stock, funded by cash on hand and ABL Credit Facility borrowings. While this involves equity issuance mechanics, the Company itself is not raising capital (receiving no offering proceeds) but is executing a concurrent share repurchase—a capital allocation decision material to investors. This is a financial event involving capital structure changes but does not fit the specific categories of dilutive_issuance (which applies to the Company raising capital) or dividend_distribution; financial_other best captures the material secondary offering and concurrent repurchase activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T20:29:45.482748+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":35536,"accession_number":"0001104659-26-106345","item_number":"8.01","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Target Hospitality entered into an underwriting agreement for a secondary offering of 14 million shares at $18.50/share by selling stockholders (TDR Capital entities), generating ~$259 million in gross proceeds to the sellers. Concurrently, the Company agreed to repurchase approximately $30 million of shares from the underwriters to be held as treasury stock, funded by cash on hand and ABL Credit Facility borrowings. While this involves equity issuance mechanics, the Company itself is not raising capital (receiving no offering proceeds) but is executing a concurrent share repurchase—a capital allocation decision material to investors. This is a financial event involving capital structure changes but does not fit the specific categories of dilutive_issuance (which applies to the Company raising capital) or dividend_distribution; financial_other best captures the material secondary offering and concurrent repurchase activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-09T20:29:45.482748+00:00","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-09-09"}]}
