Shoals Technologies Group, Inc. (SHLS) Prices 13.4M Share Offering at $28/sh

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Shoals Technologies Group, Inc. Announces Pricing of an Offering of 13,384,155 Shares of Class A Common Stock

July 15, 2021 7:00 AM EDT

PORTLAND, Tenn., July 15, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the Company) today announced the pricing of an underwritten public offering of an aggregate of 13,384,155 shares of the Companys Class A common stock, at a price to the public of $28.00 per share. The Company is offering 8,394,463 shares of its Class A common stock, the net proceeds of which will be used to purchase equity interests in its operating subsidiary from certain holders including its founder Dean Solon, Director Brad Forth, Chief Executive Officer Jason Whitaker and Chief Financial Officer Philip Garton... More