When will Holley be listed on the NYSE?
The transaction is expected to close in the second quarter of 2021. Following that, Holley will be listed on the New York Stock Exchange under the symbol "HLLY". The combined company will have a net debt of around $485 million, the companies said.
Can you invest in Holley (hlly)?
The SPAC, Empower Ltd, originally went public in October 2020 and currently trades on the NYSE under the ticker symbol "EMPW." After the merger, the company will trade on the NYSE under the ticker "HLLY." Once Holley goes public, you'll need a brokerage account to invest.
How much did Holley sell for?
Private equity firm Sentinel Capital Partners-owned Holley is merging with a blank-check company in a deal that values the auto parts maker at $1.55 billion, the companies said on Friday.
Is Holley Corporation's stock overvalued?
Only 28.31% of the stock of Holley is held by institutions. Earnings for Holley are expected to grow by 10.14% in the coming year, from $0.69 to $0.76 per share. Holley has a P/B Ratio of 19.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Is Holley going public?
Holley, the performance automotive aftermarket company based in Bowling Green, Kentucky, will become a public company as part of a definitive merger agreement with Empower Ltd., a publicly-traded special purpose acquisition company.
Is Holley stock a good buy?
Holley has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Is Holley still in business?
On March 12, 2021, Holley announced they had entered into a definitive merger agreement with special purpose acquisition company Empower Ltd (Tkr: EMPW) that will result in Holley becoming a publicly listed company on the NYSE under the new ticker symbol “HLLY”.
Is HLLY a good buy?
Out of 6 analysts, 3 (50%) are recommending HLLY as a Strong Buy, 3 (50%) are recommending HLLY as a Buy, 0 (0%) are recommending HLLY as a Hold, 0 (0%) are recommending HLLY as a Sell, and 0 (0%) are recommending HLLY as a Strong Sell.
What company owns Holley?
Sentinel Capital PartnersHolleyHigh Performance Industries, Inc.Holley Performance Products/Parent organizations
Did Holley sell out?
NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Sentinel Capital Partners ("Sentinel"), a private equity firm that invests in promising companies in the lower midmarket, today announced the acquisition of Holley Performance Products ("Holley"), a market leader in branded performance products for automotive enthusiasts.
How much is Holley performance worth?
approximately $1.55 billionThe transaction values Holley at an enterprise value of approximately $1.55 billion.
Does Holley own Dinan?
Dinan parent company acquires Holley Performance - Dinan Engineering UK.