FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. 2. Issuer Name and Ticker or Trading Symbol Shoals Technologies Group, Inc. [ SHLS ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)         (First)         (Middle)
1400 SHOALS WAY, 
3. Date of Earliest Transaction (MM/DD/YYYY)
7/19/2021
(Street)
PORTLAND, TN 37148
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.00001 per share  7/19/2021    S(6)    4977751  D  (6) 0  D (1)(2)(3)(4)(5)  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons") (i) Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. ("Oaktree Power"), (ii) Oaktree Power Opportunities Fund IV, L.P. (the "Main Fund"); (iii)Oaktree Power Opportunities Fund IV (Parallel), L.P. (the "Parallel Fund"); (iv) Oaktree Fund GP, LLC ("OFGP"); (v) Oaktree Capital Management, L.P. ("OCM"); (vi) Oaktree Capital Group, LLC ("OCG"); (vii) Atlas OCM Holdings LLC ("Atlas OCM"); (viii) Brookfield Asset Management, Inc. ("Brookfield"); (ix) BAM Partners Trust and (x) Oaktree Capital Group Holdings, L.P. ("OCGH LP").
(2)  Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. ("Oaktree Power") is beneficially owned by the Main Fund and Parallel Fund. We refer to the Main Fund and the Parallel Fund, collectively, as the "Oaktree Funds." Oaktree Power is controlled by its general partner, OFGP. OFGP is in turn an affiliate of OCM, which is the investment manager of each of the Oaktree Funds. As a result, each of the Oaktree Funds and OCM may be deemed to have beneficial ownership of the shares owned by Oaktree Power. OCM's asset management business is indirectly controlled by OCG and Atlas OCM. As of November 9, 2020, approximately 61.8% of OCM's business is indirectly owned by Brookfield and the remaining approximately 38.2% is ultimately owned by current and former OCM executives and employees. Brookfield's ownership interest in OCM's business is held through OCG, Atlas OCM and other holding entities. BAM Partners Trust is the sole owner of Class B Limited Voting Shares of Brookfield.
(3)  (Continued from footnote 2) The current and former OCM executives and employees hold their interests through a separate entity, OCGH LP. The board of directors of OCG and of Atlas OCM is currently comprised of: (i) five Oaktree senior executives, Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank, and Sheldon M. Stone; (ii) three independent directors, Stephen J. Gilbert, D. Richard Masson, and Marna C. Whittington; and (iii) two Brookfield senior executives, Justin B. Beber and J. Bruce Flatt.
(4)  Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
(5)  The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.
(6)  Represents Class A Common Stock, par value $0.00001 per share ("Class A Common Stock") of Shoals Technologies Group, Inc. disposed of in connection with an underwritten public offering, which closed on July 19, 2021. These shares of Class A Common Stock were disposed at $27.02 per share, a public offering price of $28.00 per share less the underwriting discounts.

Remarks:
Exhibit 99.1 Signatures

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P.
1400 SHOALS WAY
PORTLAND, TN 37148

X

BAM Partners Trust
BROOKFIELD PLACE
181 BAY STREET, SUITE 300
TORONTO, A6 A6 M5J 2T3

X

BROOKFIELD ASSET MANAGEMENT INC.
BROOKFIELD PLACE
181 BAY STREET, SUITE 300
TORONTO, A6 M5J 2T3

X

Oaktree Power Opportunities Fund IV, L.P.
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

Oaktree Fund GP, LLC
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

Oaktree Power Opportunities Fund IV (Parallel), L.P.
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

OAKTREE CAPITAL MANAGEMENT LP
C/O OAKTREE CAPITAL MANAGEMENT, L.P.
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

Oaktree Capital Group, LLC
C/O OAKTREE CAPITAL MANAGEMENT, L.P.
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

Atlas OCM Holdings, LLC
C/O OAKTREE CAPITAL MANAGEMENT, L.P.
333 SOUTH GRAND AVENUE, 28TH FLOOR
LOS ANGELES, CA 90071

X

Oaktree Capital Group Holdings, L.P.
333 SOUTH GRAND AVENUE
28TH FLOOR
LOS ANGELES, CA 90071

X


Signatures
/s/ Mehgan Peetz, as Attorney-in-Fact for Oaktree Power Opportunities Fund IV (Delaware) Holdings, L.P. 7/21/2021
**Signature of Reporting Person Date
See Signatures Included in Exhibit 99.1 7/21/2021
**Signature of Reporting Person Date
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