Morgan Stanley

YYForce Names Ex-Morgan Stanley Executive Andrew Davison as CSO

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YYForce Names Ex-Morgan Stanley Executive Andrew Davison as CSO

Singapore – September 15, 2026 -- YYForce Inc. (NASDAQ: YFOR) has appointed Andrew Davison as Chief Strategic Officer, effective September 14, 2026, tasking him with corporate strategy, portfolio governance and operational scaling as the AI-enabled workforce management and integrated facility management (IFM) provider expands beyond Asia.

Davison brings 20 years of cross-market leadership to YYForce's expansion push

Davison most recently served as Director and Head of Transformational Delivery (APAC) at Lancia Consult in Singapore, where he built the firm's Jakarta presence and led regional delivery operating models across multiple markets. He also conducted executive-level operational due diligence and investment evaluation for private equity and corporate clients during that tenure.

Target Hospitality Prices $259M Secondary Offering, Buys Back $30M in Stock

The Woodlands, Texas – September 12, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has priced an upsized secondary offering of 14,000,000 common shares at $18.50 apiece, generating approximately $259 million in gross proceeds for the selling stockholders. The Company itself will not receive any proceeds from the transaction.

TDR Capital-linked entities offload stake through Arrow Holdings and MFA Global

The shares being sold belong to Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. Underwriters have also been granted a 30-day option to purchase up to an additional 2,100,000 shares, which could push total proceeds higher. The offering is expected to close on September 10, 2026, subject to customary conditions.

Target Hospitality Investors Sell 13M Shares, Firm to Buy Back $30M

The Woodlands, Texas – September 12, 2026 -- Target Hospitality Corp. (Nasdaq: TH) launched an underwritten secondary offering of 13,000,000 shares of common stock on behalf of its controlling investor group, while simultaneously committing to repurchase up to $30,000,000 of stock from the deal's underwriters.

TDR Capital-linked entities sell 13 million shares in secondary offering

The shares are being sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., both controlled by TDR Capital LLP acting as investment fund manager. Target Hospitality is not issuing any new shares and will not receive proceeds from the offering. Underwriters have been granted a 30-day option to purchase up to an additional 1,950,000 shares.

Corvex to Boost AI Data Center Capacity 5x on $33M Raise

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Corvex to Boost AI Data Center Capacity 5x on $33M Raise

ARLINGTON, VA. -- September 01, 2026 -- Corvex, Inc. (Nasdaq: MOVE) said it will lift critical IT power capacity fivefold, from roughly 1.5 megawatts to approximately 8 megawatts by year-end 2026, backed by a $33 million private placement led by Goldman Sachs & Co. LLC, Morgan Stanley and Oppenheimer & Co. The Arlington, Virginia-based AI infrastructure provider is doubling its existing Mid-Atlantic data center and standing up a second facility in the Midwest, with both sites expected ready for service in the fourth quarter of 2026. A right of first refusal on 12.5 additional megawatts at the Midwest site could push total capacity past 20 megawatts, a 13-fold jump from current levels.