Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Holley Inc. f/k/a Empower Ltd. (NYSE: HLLY) resulting from allegations that Holley may have issued materially misleading business information to the investing public.
If you purchased Holley securities and would like to join the prospective action, please click “Join This Class Action.”
On July 16, 2021, Empower Ltd., previously operating as a SPAC, completed a business combination with Holley Intermediate Holdings, Inc. The combined company became Holley and its common stock and warrants trade on the NYSE under the ticker symbols “HLLY” and “HLLY WT,” respectively.
The investigation concerns whether Holley and certain top executives made materially false and/or misleading statements and/or omitted material information regarding Holley’s business, operations, and prospects.
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