SC 13G: Shoals Technologies Group, Inc.
Ticker: SHLS · Form: SC 13G · Filed: Oct 21, 2024 · CIK: 1831651
| Field | Detail |
|---|---|
| Company | Shoals Technologies Group, Inc. (SHLS) |
| Form Type | SC 13G |
| Filed Date | Oct 21, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by Shoals Technologies Group, Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G filing submitted by Shoals Technologies Group, Inc. (ticker: SHLS) to the SEC on Oct 21, 2024.
What is the risk level of this SC 13G filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.00001 (suer) Class A Common Stock, par value $0.00001 per share (Title of Class of Securitie).
How long is this filing?
Shoals Technologies Group, Inc.'s SC 13G filing is 6 pages with approximately 1,688 words. Estimated reading time is 7 minutes.
Where can I view the full SC 13G filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,688 words · 7 min read · ~6 pages · Grade level 9 · Accepted 2024-10-21 17:05:26
Key Financial Figures
- $0.00001 — suer) Class A Common Stock, par value $0.00001 per share (Title of Class of Securitie
Filing Documents
- p24-3025sc13g.htm (SC 13G) — 75KB
- p24-3025exhibit99_1.htm (EX-99.1) — 7KB
- 0000902664-24-005918.txt ( ) — 84KB
(a)
Item 1(a). Name of Issuer. Shoals Technologies Group, Inc. (the " Issuer ").
(b)
Item 1(b). Address of Issuer's Principal Executive Offices. 1400 Shoals Way, Portland, Tennessee 37148.
(a)
Item 2(a). Name of Person Filing. This statement is filed by: (i) Point72 Asset Management, L.P. (" Point72 Asset Management ") with respect to shares of Class A common stock, par value $0.00001 per share (" Class A Common Stock "), of the Issuer held by (and underlying options held by) Point72 Associates, LLC, an investment fund it manages (" Point72 Associates "); (ii) Point72 Capital Advisors, Inc. (" Point72 Capital Advisors Inc .") with respect to Class A Common Stock held by (and underlying options held by) Point72 Associates; (iii) Point72 Europe (London) LLP (" Point72 Europe (London )") with respect to Class A Common Stock held by an investment fund it manages; and (iv) Steven A. Cohen (" Mr. Cohen ") with respect to Class A Common Stock beneficially owned by Point72 Asset Management, Point72 Capital Advisors Inc. and Point72 Europe (London). Cubist Systematic Strategies, LLC, an advisor under common control with Point72 Asset Management, acts as a sub-advisor with respect to a portion of the Class A Common Stock reported herein . Point72 Asset Management, Point72 Capital Advisors Inc., Point72 Europe (London) and Mr. Cohen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1 , pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
(b)
Item 2(b). Address of Principal Business Office. The address of the principal business office of (i) Point72 Asset Management, Point72 Capital Advisors Inc., and Mr. Cohen is 72 Cummings Point Road, Stamford, CT 06902; and (ii) Point72 Europe (London) is 8 St. James's Square, London, United Kingdom, SW1Y 4JU.
(c)
Item 2(c). Place of Organization. Point72 Asset Management is a Delaware limited partnership. Point72 Capital Advisors Inc. is a Delaware corporation. Point72 Europe (London) is a limited liability partnership incorporated in England and Wales. Mr. Cohen is a United States citizen.
(d)
Item 2(d). Title of Class of Securities. Class A Common Stock, par value $0.00001 per share.
(e)
Item 2(e). CUSIP Number. 82489W107 Item 3. If this Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b), or (c), check whether the Person Filing is a: Not applicable. CUSIP No. 82489W107 13G Page 7 of 8 Pages Item 4. The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person. Such information is as of the close of business on October 18, 2024. Point72 Asset Management, Point72 Capital Advisors Inc., Point72 Europe (London) and Mr. Cohen own directly no Class A Common Stock. Pursuant to an investment management agreement, Point72 Asset Management maintains investment and voting power with respect to the securities held by Point72 Associates. Point72 Capital Advisors Inc. is the general partner of Point72 Asset Management. Pursuant to an investment management agreement, Point72 Europe (London) maintains investment and voting power with respect to the securities held by an investment fund it manages. Mr. Cohen controls each of Point72 Asset Management, Point72 Capital Advisors Inc. and Point72 Europe (London). The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Class A Common Stock reported herein. Item 5. If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]. Item 6. Point72 Associates has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5 percent of the outstanding Class A Common Stock. Item 7.