Summary：**Target Hospitality Soars After Successful Secondary Offering and Record Share Sale**THE WOODLANDS,

**Target Hospitality Soars After Successful Secondary Offering and Record Share Sale**

THE WOODLANDS, Texas, May 29, 2026 - Target Hospitality Corp. (Nasdaq: TH), a leading provider of modular accommodations and hospitality services in North America, has seen its stock price surge following a successful secondary offering and record share sale. The company's strategic move has not only bolstered its financial standing but also underscored its growth potential in the industry.

The secondary offering, which was completed on May 28, 2026, saw Target Hospitality sell a record number of shares, raising substantial capital that will be utilized to further expand its operations and enhance its service offerings. The successful sale is a testament to the company's strong market presence and investor confidence in its business model. With the influx of new capital, Target Hospitality is poised to accelerate its growth trajectory, investing in new projects and initiatives that will drive long-term value creation.

The hospitality industry continues to experience robust demand, driven by increasing needs for temporary housing and specialized services across various sectors, including energy, construction, and disaster relief. Target Hospitality, with its vertically integrated business model and extensive network of modular accommodations, is well-positioned to capitalize on these trends. The company's ability to provide tailored solutions and value-added services has enabled it to differentiate itself in a competitive market, fostering strong relationships with clients and driving revenue growth.

As the industry continues to evolve, Target Hospitality's strategic investments and commitment to innovation will be crucial in maintaining its competitive edge. The successful secondary offering and record share sale have not only provided the necessary capital to fuel the company's growth plans but also demonstrated investor confidence in its prospects. With a strong foundation in place, Target Hospitality is expected to continue delivering value to its stakeholders, driven by its focus on operational excellence and strategic expansion.

In conclusion, Target Hospitality's successful secondary offering and record share sale mark a significant milestone in the company's growth journey. With a solid financial foundation and a favorable industry outlook, the company is well-positioned to capitalize on emerging opportunities and drive long-term success. As the company continues to execute on its growth strategy, investors and industry observers alike will be watching closely to see how Target Hospitality leverages its strengths to achieve its goals.