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Investor FAQs

Where is your corporate headquarters?

Our headquarters are located at 2170 Buckthorne Place, Suite 440, The Woodlands, TX 77380.

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What is your fiscal year?

Our fiscal year ends on December 31 of each calendar year.

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When did you become an independent, publicly traded company?

Our company was formed as a special purpose acquisition company named Platinum Eagle Acquisition Corp. (“PEAC”), which completed its initial public offering on January 17, 2018. On March 15, 2019, PEAC and affiliates of TDR Capital, LLP (“Algeco” and “Arrow”), completed a business combination under which PEAC acquired Target Logistics Management (“Target Lodging”) and RL Signor Holdings from Algeco and Arrow, respectively, to form Target Hospitality. Additional information about the business combination is described below under “PEAC-Target Hospitality Business Combination.”

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When was your business founded?

Target Lodging, the predecessor firm to Target Hospitality, was founded in 1978, and is the largest vertically integrated specialty rental and hospitality services company in the United States.

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How is your common stock traded?

The common stock of Target Hospitality is listed on The Nasdaq Capital Market under the ticker symbol “TH”.

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Does Target Hospitality pay dividends?

We do not currently pay dividends. Future quarterly dividend payments are subject to approval and declaration by our board of directors.

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Who is your transfer agent? Whom do I contact with questions about my stock?

Our transfer agent is Continental Stock Transfer & Trust Company. You can contact a representative at Continental Stock Transfer & Trust Company at:

Continental Stock Transfer & Trust Company
17 Battery Place
New York, NY 10004
Phone: 212-509-4000
Email: cstmail@continentalstock.com
Corporate Website: http://www.continentalstock.com

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How do I invest in the company?

Our common stock can be bought or sold through a stockbroker, bank or financial institution that offers brokerage services. The company does not offer a direct investment program.

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Where can I find out more about Target Hospitality?

Learn more about Target Hospitality at www.TargetHospitality.com.

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Where can I get the latest corporate news releases and financial reports?

The company’s press releases, as well as the quarterly and annual reports and other material filed with the Securities and Exchange Commission (SEC), can be retrieved from the News or Financials sections of this website. The reports and other materials filed with the SEC can also be accessed on the SEC’s website at www.sec.gov.

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How can I get a copy of the materials filed with the Securities Exchange Commission (SEC)?

You can find these filings in the Investor Relations section of this website. They are also accessible on the SEC’s website (www.sec.gov). We are registered under the name Target Hospitality Corp.

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When do you report your quarterly earnings? How can I receive email updates for this information?

Sign up for calendar alerts announcing our quarterly earnings results conference call dates via the Investor Relations homepage under the heading “Email Alerts".

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Whom should I contact regarding investor inquiries?

For assistance with any Investor Relations matters, please contact investor relations at IR@TargetHospitality.com or (832) 702-8009.

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What occurred in the PEAC-Target Hospitality business combination?

In July 2017, Platinum Eagle Acquisition Corp. (“PEAC”) was formed as a “blank check” company to pursue a merger, share exchange, asset acquisition or other business combination. PEAC completed an initial public offering in January 2018, raising approximately $325 million for the purpose of consummating an acquisition or other business combination prior to January 17, 2020. In November 2018, PEAC and affiliates of TDR Capital, LLP (“Algeco” and “Arrow”), entered into definitive merger agreements under which PEAC agreed to acquire Target Logistics Management, LLC (“Target Lodging”) and RL Signor Holdings, LLC (“Signor Lodging”), for an aggregate purchase price of approx. $1.3 billion, of which $820 million was payable in cash and equity to Algeco for Target Lodging, and $491 million was payable to Arrow for Signor Lodging. In conjunction with the closing thereof,

  • PEAC, a Cayman Islands exempted company, redomesticatedinto a Delaware corporation and changed its name to Target Hospitality;
  • the company’s Class A ordinary shares (NASDAQ: EAGL) and Class B ordinary shares were converted into shares of Target Hospitality common stock (NASDAQ: TH);
  • the Nasdaq ticker symbol for the company’s public warrants was changed from “EAGLW” to “THWWW”; and
  • the company’s units (NASDAQ: EAGLU) separated into their components (common stock and warrants) and, therefore, effectively extinguished.

The business combination was completed on March 15, 2019.

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If I owned Class A ordinary units and/or warrants of PEAC before the business combination, what happened to my securities at the closing of the transaction?

If Class A ordinary units were owned as of the close of the business combination, these units separated in to shares of Target Hospitality common stock, par value $0.0001 per share and Target Hospitality warrants to purchase common stock (NASDAQ: TH; THWWW). To the extent any publicly listed warrants issued by PEAC as of the close of the business combination were owned, the Nasdaq ticker symbol for the warrants changed from “EAGLW” to “THWWW”.

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