Shoals Technologies Group, Inc. 8K

Shoals Technologies Group, Inc. amended its credit agreement on June 10, 2026 to add $50 million of incremental revolving credit commitments (increasing total commitments to $250 million) and to modify collateral and related terms, thereby enhancing its liquidity under largely unchanged credit facility terms.

On June 10, 2026, Shoals Technologies Group, Inc. entered into Amendment No. 7 to its existing November 25, 2020 Credit Agreement, under which a syndicate of banks including JPMorgan Chase Bank, N.A., Bank of America, Citibank, Fifth Third Bank, Goldman Sachs Bank USA and Wells Fargo provided an additional $50 million in incremental revolving credit commitments that increase the company’s aggregate revolving commitments to $250 million on a pari passu basis with the existing facility. The amendment also updates the underlying Credit Agreement and Security Agreement to, among other things, expand and clarify the scope and perfection mechanics of the collateral package (including treatment of uncertificated securities, equity interests and deposit/securities accounts), imposes post-closing real estate-related perfection steps, and reaffirms the guarantees and liens of the borrower and its guarantor subsidiaries. Effectiveness of the amendment is conditioned on customary closing deliverables, solvency and no default, and the new 2026 Incremental Revolving Credit Commitments are incurred under the agreement’s incremental incurrence provisions with a specified termination date of December 10, 2027, thereby enhancing the company’s committed liquidity while maintaining the existing loan terms and maturity profile.

Filing Facts

CIK

1831651

Ticker

-

Form

8K

Source Type

sec

Accession

0001831651-26-000098

Alert Tier

7