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Holley, the Largest Performance Automotive Aftermarket Platform, to Become Public Company; Holley and Special Purpose Acquisition Company Empower Ltd. (NYSE: EMPW) to Merge; Transaction financed through $250 million of cash held in Empower's trust account

Mar 12, 2021 - Business Wire
Mergers and Acquisitions-Investments

Holley, the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category ("Holley" or the "Company"), and Empower Ltd. (NYSE: EMPW) ("Empower"), a publicly-traded special purpose acquisition company, announced today that they have entered into a definitive merger agreement that will result in Holley becoming a publicly listed company on the NYSE under the new ticker symbol "HLLY".

Empower's management team is led by Matt Rubel, Chief Executive ...