PORTLAND, Tenn., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the launch of an underwritten public offering of an aggregate of 20,000,000 shares of the Company’s Class A common stock. The Company is offering 2,000,000 shares of its Class A common stock, and certain selling stockholders (collectively, the “Selling Stockholders”), comprising Dean Solon and certain of his affiliates, are offering 18,000,000 shares of the Company’s Class A common stock. Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock. The Company’s Class A common stock is listed on the Nasdaq Global Market under the symbol “SHLS.”
Shoals Technologies Group, Inc. Announces Launch of Offering of 20,000,000 Shares of Class A Common Stock
Nov 30, 2022
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