Deals
Shoals Holders Would Get 1.6931 Array Shares Each, And Shoals' CEO Would Run The Merged Company
Shoals holders would own about 65% of the combined company in an all-stock deal, while Array's CEO steps aside at closing.
SHLS
Shoals Technologies Group (SHLS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Deals
Shoals Agrees To All-Stock Merger With ARRAY, Leaving Its Holders About 65% Of The Combined Company
Shoals CEO Brandon Moss would run the merged company, and ARRAY committed to redeem $317.5 million of preferred stock.
Earnings
Shoals Revenue Jumps 43.8% To $195.3 Million, But Gross Margin Falls To 31.9%
The solar and battery wiring maker raised its 2026 outlook as net income rose to $17.9 million, even as plant-move costs squeezed margins.
SEC Filings
First Trust Group Reports 5.87% Stake In Shoals Technologies, Mostly Through Unit Trusts
The passive position covers 9,878,789 Shoals Class A shares, and the filers say they hold them in the ordinary course of business.
SEC Filings
BlackRock Unit Reports 6.6% Passive Stake In Shoals Technologies
BlackRock Portfolio Management holds 11,038,244 Class A shares of the solar equipment maker, and one BlackRock fund alone owns over 5%.