News

The Woodlands, Texas – September 16, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has closed an upsized secondary offering of 16,100,000 shares of common stock at $18.50 per share, after underwriters fully exercised their option to purchase an additional 2,100,000 shares on top of the original 14,000,000-share deal.

Selling stockholders linked to TDR Capital LLP monetize a 16.1 million-share stake

The shares were sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. At $18.50 per share, the total offering, inclusive of the upsized option, was valued at roughly $297.9 million. Target Hospitality did not sell any shares in the transaction and received no proceeds from the offering.

New York – September 16, 2026 -- Mews has launched Mews POS in the United States and Canada, allowing hotels to run property management, food and beverage operations and payments on a single system. The platform, already live in more than 20 countries across Europe and APAC since its 2024 introduction, connects every order, charge and guest interaction automatically across a property.

Standalone POS systems cost hotels two hours of daily reconciliation work per property

Most point-of-sale systems on the market were built for standalone, full-service restaurants, forcing hotels to pay for complexity they do not need. Staff typically spend two hours a day manually reconciling POS, property management and accounting systems, according to Mews. Revenue losses stem from manual posting errors, missed checkouts and gaps between disconnected software APIs.

Arlington, Va. – September 16, 2026 -- Azure DevOps leads the 2026 Application Lifecycle & Release Management Data Quadrant with a Composite Score of 8.9, based on verified end-user feedback compiled by Info-Tech Research Group through its SoftwareReviews platform.

Four vendors earn Champion status in Info-Tech's 2026 rankings

Info-Tech named Azure DevOps, Jira, Inflectra SpiraTeam, and Rally Software as Champions in the report, which evaluates platforms supporting software planning, development, testing, and release management. Jira scored 8.8 CS and was recognized for bug tracking and issue management. Inflectra SpiraTeam scored 8.7 CS, noted for ease of implementation, while Rally Software posted 8.6 CS on the strength of its managed artifact repository capabilities.

Moab, Utah – September 16, 2026 -- Moab Office of Tourism has unveiled a new destination brand and advertising campaign, "Should've Stayed Longer," built on visitor research showing more than 90% of travelers either planned to return or wished they had allotted more time in the area.

Research drives repositioning away from single-stop bucket-list marketing

The campaign, developed with creative studio Camp4 Collective and travel agency TOURIST, reframes Moab as a multi-day destination rather than a quick stop en route to Arches National Park. Michael Soleta, director of the Moab Office of Tourism, said the rebrand followed a year-long collaboration among the tourism office, its board, elected officials and community and agency partners.

Potomac Falls, Va. – – September 16, 2026 -- Destinations International (DI) will convene destination leaders, policymakers and industry partners on September 16, 2026, for its second global Virtual Advocacy Day, a one-day program running 8:00 a.m. to 5:00 p.m. ET aimed at helping tourism organizations counter funding cuts and shifting political support.

DI cites growing funding scrutiny as the driver behind a second global advocacy program

Don Welsh, president and CEO of Destinations International, said destination leaders face rapid swings in funding, public perception and political backing, and need relationships, data and messaging in place before a crisis hits rather than after.

Arlington, Va. – – September 16, 2026 -- The We Card Program is marking its 31st annual Awareness Month this September by pushing retailers nationwide to tighten age-verification training as FDA enforcement of tobacco, vapor and nicotine pouch sales remains a priority.

FDA enforcement pressure drives renewed retailer training push

David Spross, Executive Director of the National Association of Tobacco Outlets and a We Card board member, said September is the time to "ramp up and renew retailer compliance efforts" on federal, state and local requirements for selling age-restricted products.

Elkhart, Indiana – September 16, 2026 -- THOR Industries (NYSE: THO), the world's largest recreational vehicle manufacturer, has consolidated its North American RV operations under a single leadership structure, effective immediately.

Ken Walters becomes President of all North American RV operations

Walters, previously President of Jayco and leader of the Jayco and Tiffin Motorhomes group, now oversees coordination across all of THOR's North American operating companies. He reports directly to THOR executive management in Elkhart.

THOR restructures into three distinct operating groups

The company will now operate through three units: North American RV, European, and Supply. The move follows a two-quarter evaluation period during which THOR's leadership determined that unified coordination across all North American RV entities would deliver benefits on a faster timeline than the previously announced two-group model.

Boston – September 16, 2026 -- TransCode Therapeutics, Inc. (NASDAQ: RNAZ) said Chief Financial Officer Tom Fitzgerald is retiring, effective immediately, and will be succeeded on an interim basis by John Tattory.

Fitzgerald exits after eight years steering TransCode through IPO and acquisitions

Fitzgerald has served as CFO since July 2018, a tenure spanning the company's initial public offering, the launch of clinical development for lead candidate TTX-MC138, the acquisition of Polynoma, and a license agreement with Oncolytics. He resigns as CFO and as a company director effective immediately but will remain to provide transition services.

Chairman and CEO Philippe P. Calais credited Fitzgerald with keeping the company funded from its early discovery-stage days. "Tom has worked tirelessly to keep us funded and on track," Calais said.

Toronto – September 16, 2026 -- Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) has filed a preliminary short form base shelf prospectus in Canada and a corresponding Form F-10 registration statement with the U.S. SEC, enabling the life sciences company to raise up to US$150 million over a 25-month period.

Shelf filing permits future issuance of shares, debt and warrants

The filings, made under the U.S./Canada Multijurisdictional Disclosure System, would allow Cardiol to offer Class A common shares, debt securities, warrants, subscription receipts, units, or combinations thereof, once a final receipt is issued and the Registration Statement becomes effective. No securities are being offered under this announcement, and the Company said there is no assurance an offering will occur.

Racine – September 16, 2026 -- Modine Manufacturing Company (NYSE: MOD) will rename itself Modexus Solutions once it completes the spinoff of its Performance Technologies business and merges the remaining operations with Gentherm, the company confirmed. The rebrand requires shareholder approval and the new entity will keep trading under the existing ticker, MOD.

Gentherm shareholders approve transaction at September 10 meeting

Gentherm shareholders overwhelmingly approved the deal at a special meeting held on September 10, 2026. The transaction is expected to close October 1, 2026, pending customary closing conditions.