Shoals Technology Group, Inc.

Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Shoals Technologies Group, Inc. et al., (Case No. 3:24-cv-00334), M.D. Tenn.

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On November 7, 2023, Shoals took a $50.2 million warranty charge to address a wire pullback issue the Company had previously told investors was adequately accounted for. Shares of Shoals fell more than 20% over the following two days.

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