Target Hospitality selling shareholders launch secondary offering of 7,000,000 shares
Target Hospitality Corp.
Target Hospitality Corp. TH | 0.00 |
- Target Hospitality launched an underwritten secondary offering of 7,000,000 common shares sold by Arrow Holdings and MFA Global, entities controlled by TDR Capital.
- The company is not selling any shares and will not receive proceeds from the offering.
- Selling stockholders granted underwriters a 30-day option to buy up to 1,050,000 additional shares.
- Morgan Stanley and Deutsche Bank Securities are book-running managers for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Hospitality Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605271639PR_NEWS_USPR_____DA69514) on May 27, 2026, and is solely responsible for the information contained therein.
