Shoals Technologies selling stockholders complete secondary offering of 24.5M shares

Shoals Technologies Group, Inc.

Offering of 24,501,650 shares of Class A common stock by Shoals Parent LLC, Solon Holdco I & II closed on March 10, 2023.
Underwriters granted option to purchase up to an additional 3,675,247 shares; Morgan Stanley served as sole underwriter.
Company will not receive any proceeds from the sale; offering made under existing shelf registration statement.
Underwriting agreement contains customary representations, warranties, and indemnification provisions.

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