The shares are listed on the Nasdaq Global Market

Davis Polk advised the joint book-running managers and representatives of the underwriters in connection with the $665 million SEC-registered offering of 29,900,000 shares of common stock by Shoals Technologies Group, Inc. and certain selling stockholders, including the full exercise by the underwriters of their option to purchase 3,900,000 additional shares of common stock. The common stock is listed on the Nasdaq Global Market under the symbol “SHLS.”

Shoals, headquartered in Portland, Tennessee, is a leading provider of electrical balance of system solutions and components for solar, battery storage and electric vehicle charging applications, selling to customers across the United States and internationally. Since its founding in 1996, the company has introduced innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability.

The Davis Polk capital markets team included partners Roshni Banker Cariello and Michael Kaplan, counsel John H. Runne and associate Yi Wang. Counsel Marcie A. Goldstein provided FINRA advice. The tax team includes partner Ethan R. Goldman and associate Michelle Zhao. All members of the Davis Polk deal team are based in the New York office.