secwatch.observer — SEC 8-K summary
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Issuer:     Shoals Technologies Group, Inc. (SHLS)
CIK:        0001831651
Form:       8-K/A
Filed at:   2026-06-12T20:12:08+00:00
Accession:  0001831651-26-000098
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoals Technologies amends credit agreement, adds $50M revolving loans, changes leverage covenant
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- Added $50M 2026 Incremental Revolving Loans with 18-month availability period.
- Replaced first lien secured leverage covenant with total leverage ratio of 4.00:1.00, with temporary increases for acquisitions.
- Amendment corrects a scrivener's error; no material changes to existing terms.
- Effective June 10, 2026; loans prepayable at any time without premium or penalty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831651/000183165126000098/0001831651-26-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831651/000183165126000098/shls-20260610.htm
  HTML page:      https://secwatch.observer/filing/0001831651-26-000098

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer