Seand : This is an initial public offering of shares of Class A common stock of Shoals Technologies Group, Inc. We are offering 9,000,000 shares of Class A common stock. The selling stockholder is offering 61,000,000 shares of Class A common stock.

Seand : Howard Marks' Oaktree is the selling shareholder

Seand : We are selling 14,500,000 of our ordinary shares. 
The initial public offering price is $15.00 per share. Prior to this offering, there has been no public market for our ordinary shares.

Seand : small Israeli container shipping line with about 1% of transpacific market share. only 2% of capacity is owned, I wonder what will be the consequeces for them with rising vessel price?

Seand : silverLake is a major shareholder with 25.6% ownership

Seand : Qualtrics International Inc. is offering 51,695,568 shares of its Class A common stock. This is our initial public offering, and no public market currently exists for our shares. The initial public offering price is $30.00 per share. SAP America, Inc., or SAP America, a wholly owned subsidiary of SAP SE, together with its consolidated subsidiaries other than us, SAP, currently owns 98.6% of our outstanding common stock and, following this offering, SAP America will continue to be our controlling stockholder. Upon completion of this offering, we will have two classes of common stock outstanding: Class A common stock and Class B common stock.

SeandOP : We are offering 2,250,000 shares of our common stock at an $8.00 per share.

Seand : We have agreed to give our underwriters, Craft Capital Management LLC and R.F. Lafferty & Co. Inc. (collectively the “Representatives”), a discount equal to seven and half percent (7.5%) of the gross proceeds from the sales of securities in the Public Offering (the “Public Offering Price”) as well as warrants equal to six percent (6%) of the shares issued in the Offering (the “Representative Warrants”). The Representative Warrants will be exercisable at any time, and from time to time, in whole or in part, during the period commencing 180 days from the effective date of the offering, which period shall not extend further than four and one-half year years from the effective date of the registration statement in compliance with FINRA Rule 5110(f)(2)(G)(i). The Representative Warrants are exercisable at a per share price of $10.00, which is 125% of the Public Offering Price. The Representative Warrants are also exercisable on a cashless basis. We have also agreed to pay the Representatives a non-accountable expense allowance of $100,000 payable at the closing of the Offering.  We also have agreed to reimburse the Representatives for certain of their out-of-pocket expenses up to $170,000. See “Underwriting” for a description of these arrangements.

Seand : looks like this is a bought deal at $8 less discount for the underwriter, however, they have free warrants with strike price of $10. warrant is not excercisable until 180 days from the IPO date.