Shoals Technologies Group, Inc. (SHLS) Announces Jason Lee and Frank Cannova Resign from its Board

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Shoals Technologies Group, Inc. (SHLS) Announces Changes to its Board of Directors

July 19, 2021 4:16 PM EDT

Shoals Technologies Group, Inc. (Shoals or the Company) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for solar, storage, and electric vehicle charging infrastructure, today announced the resignation of Jason Lee and Frank Cannova, Vice President at Oaktree Capital, from the Companys... More

Credit Suisse Assumes Shoals Technologies Group (SHLS) at Outperform

July 15, 2021 4:07 PM EDT

Credit Suisse analyst Maheep Mandloi assumes coverage on Shoals Technologies Group (NASDAQ: SHLS) with a Outperform rating and a price target of $40.00.


For an analyst ratings summary and ratings history on Shoals Technologies Group... More

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

July 15, 2021 7:02 AM EDT

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 (collectively, the Existing Stockholders). Additionally,... More