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Holley Performance Brands Announces the Launch of a Secondary Offering by Selling Stockholder
The secondary offering includes 14,000,000 shares of common stock…

Holley Performance Brands (NYSE: HLLY) (the “Company”) announced the launch of a secondary offering of 14,000,000 shares of common stock by a selling stockholder controlled by Sentinel Capital Partners LLC (the “Selling Stockholder”). The Selling Stockholder will receive all of the proceeds from the offering. The Company is not offering any shares of common stock and will not receive any proceeds from the offering. The Selling Stockholder is expected to grant the underwriters a 30-day option to purchase up to 2,100,000 additional shares of common stock.
J.P. Morgan and Jefferies are acting as the lead book-running managers and representatives of the underwriters for the offering. For more details, click here.