Target Hospitality Changes Fiscal Year End
Ticker: TH · Form: 8-K · Filed: Oct 31, 2024 · CIK: 1712189
Sentiment: neutral
Topics: reporting-change, fiscal-year, corporate-action
TL;DR
Target Hospitality is changing its fiscal year end to Dec 31st. New reporting cadence starts now.
AI Summary
Target Hospitality Corp. filed an 8-K on October 31, 2024, reporting a change in its fiscal year end to December 31st. This filing also includes financial statements and exhibits. The company was formerly known as Platinum Eagle Acquisition Corp. before changing its name on July 18, 2017.
Why It Matters
A change in fiscal year end can impact reporting schedules and financial comparisons for investors. Investors should note this change when analyzing the company's performance.
Risk Assessment
Risk Level: low — This filing primarily concerns administrative changes to the company's reporting structure and does not indicate significant operational or financial distress.
Key Numbers
- 1231 — New Fiscal Year End (The company has officially changed its fiscal year end to December 31st.)
Key Players & Entities
- Target Hospitality Corp. (company) — Registrant
- Platinum Eagle Acquisition Corp. (company) — Former company name
- July 18, 2017 (date) — Date of name change
- October 31, 2024 (date) — Filing date
- October 30, 2024 (date) — Earliest event reported date
- December 31 (date) — New fiscal year end
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report a change in Target Hospitality Corp.'s fiscal year end to December 31st and to include financial statements and exhibits.
When did Target Hospitality Corp. change its name?
Target Hospitality Corp. changed its name from Platinum Eagle Acquisition Corp. on July 18, 2017.
What is the new fiscal year end for Target Hospitality Corp.?
The new fiscal year end for Target Hospitality Corp. is December 31st.
On what date was this 8-K filed?
This 8-K was filed on October 31, 2024.
What other information is included in this filing besides the fiscal year change?
This filing also includes financial statements and exhibits.
Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-10-31 16:30:24
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share TH The Nasdaq Capital Ma
Filing Documents
- tm2427111d1_8k.htm (8-K) — 27KB
- tm2427111d1_ex3-1.htm (EX-3.1) — 142KB
- 0001104659-24-113082.txt ( ) — 402KB
- th-20241030.xsd (EX-101.SCH) — 3KB
- th-20241030_def.xml (EX-101.DEF) — 26KB
- th-20241030_lab.xml (EX-101.LAB) — 33KB
- th-20241030_pre.xml (EX-101.PRE) — 22KB
- tm2427111d1_8k_htm.xml (XML) — 4KB
03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On October 30, 2024, the Board of Directors of Target Hospitality Corp. (the "Company") approved and adopted amendments to the Company's Bylaws (the "Fourth Amended and Restated Bylaws"). The amendments, among other things, (i) specify individuals who may preside over meetings of the Company's stockholders and (ii) clarify procedural mechanics and informational requirements in connection with stockholder nominations of directors and submission of stockholder proposals pursuant to the advance notice and proxy access provisions of the Fourth Amended and Restated Bylaws. The Fourth Amended and Restated Bylaws also make various other ministerial, clarifying and conforming changes. The foregoing summary of the amendments does not purport to be complete and is qualified in its entirety by reference to the Fourth Amended and Restated Bylaws. A copy of the Fourth Amended and Restated Bylaws is attached as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit Description 3.1 Fourth Amended and Restated Bylaws of Target Hospitality Corp. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Target Hospitality Corp. By: /s/ Heidi D. Lewis Dated: October 31, 2024 Name: Heidi D. Lewis Title: Executive Vice President, General Counsel and Secretary