Shoals Technologies Group Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$SHLS
Semiconductors
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 1, 2025
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.07 Submission of Matters to a Vote of Security Holders
On May 1, 2025, Shoals Technologies Group, Inc. (the “Company”) held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”). The proposals considered at the Annual Meeting are described in the Company’s 2025 Proxy Statement filed with the Securities and Exchange Commission on March 20, 2025. The final voting results for each of the proposals submitted to a vote of the shareholders are set forth below.
1. Election of Class I Directors
The Company’s shareholders elected the following nominees for director to serve as Class I directors for a one-year term expiring in 2026 or until their successors shall have been elected and qualified.
Name | For | Withheld | Broker Non-Votes | |||||||||||||||||
Ty Daul | 103,521,962 | 29,967,588 | 9,215,378 | |||||||||||||||||
Toni Volpe | 103,541,082 | 29,948,468 | 9,215,378 | |||||||||||||||||
Niharika Taskar Ramdev | 132,847,190 | 642,360 | 9,215,378 | |||||||||||||||||
2. Advisory Vote on the Approval of the Compensation of the Company’s Named Executive Officers
The compensation of the Company’s named executive officers (“say-on-pay”) was approved, on an advisory basis.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 80,726,245 | 51,805,858 | 957,447 | 9,215,378 | |||||||||||||||||
3. Ratification of Appointment of Independent Registered Public Accounting Firm
The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025 was ratified.
For | Against | Abstain | ||||||||||||
142,473,113 | 152,770 | 79,045 | ||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Shoals Technologies Group, Inc. | |||||||||||
| By: | /s/ Dominic Bardos | ||||||||||
| Name: | Dominic Bardos | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
Date: May 7, 2025