Holley Intermediate Holdings, Inc., (“Holley”), the largest and
fastest growing platform for performance automotive enthusiasts,
and Empower, Ltd. (NYSE: “EMPW” “EMPW-UN” and “EMPW-WT”)
(“Empower”), a publicly-traded special purpose acquisition company,
announced that the companies will participate in a fireside chat
with IPO Edge on Thursday, July 8 at 4pm ET, to discuss their
pending business combination.
The live event will feature Chairman & CEO of Empower Ltd.
(NYSE: EMPW), Matt Rubel, Holley’s CFO, Dominic Bardos, and
Holley’s EVP of Corporate Development and New Ventures, Vinny
Nimmagadda. IPO Edge Editor-in-Chief John Jannarone will moderate
the video session, which will last approximately 60 minutes and
include a Q&A segment with the audience.
To register, CLICK HERE
To view IPO Edge’s announcement about today’s fireside chat,
CLICK HERE
Rubel, Bardos and Nimmagadda will discuss:
- How Holley has built the largest and fastest growing platform
in the performance enthusiast automotive space
- Holley’s market leading iconic brands and the power of the
enthusiast market
- The atypical SPAC – Holley’s impressive track record of
profitability, product innovation, and accretive acquisitions
- The opportunity ahead in the Performance EV segment
- Holley’s unique digital and experiential marketing
engagement
- Significant growth and opportunity in the high margin DTC
channel
- How management will utilize the proceeds from the transaction
to further accelerate growth and revenue
“We’re excited to share the Holley story, one that combines a
passionate and engaged consumer enthusiast base, has a long history
of innovation, and multiple growth levers that have already helped
the business reach new heights,” said Matt Rubel, Chairman &
CEO of Empower Ltd. “As we continue to build the largest and
fastest growing platform in the performance enthusiast automotive
space, we look forward to engaging with investors during the
fireside chat.”
About Holley
Holley is a leading designer, marketer, and manufacturer of
high-performance products for car and truck enthusiasts. Holley
offers the largest portfolio of iconic brands that deliver
innovation and inspiration to a large and diverse community of
millions of avid automotive enthusiasts who are passionate about
the performance and personalization of their classic and modern
cars. Holley has disrupted the performance category by putting the
enthusiast consumer first, developing innovative new products, and
building a robust M&A process that has added meaningful scale
and diversity to its platform. For more information on Holley,
visit www.holley.com.
About Empower, Ltd.
Empower is a blank check company formed by MidOcean Partners
whose business purpose is to effect a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses. Empower’s
management team is led by Matt Rubel, its Chief Executive Officer
and Executive Chairman of its Board of Directors, and Graham
Clempson, Empower’s President. Empower raised $250,000,000 in its
initial public offering in October 2020 and is listed on the NYSE
under the ticker symbols “EMPW”, “EMPW-UN” and “EMPW-WT”. For more
information, visit www.empowermidocean.com.
Important Information for Investors and Shareholders
In connection with the proposed business combination
transaction, Empower filed a registration statement on Form S-4 (as
amended, the “Registration Statement”) with the U.S. Securities and
Exchange Commission (“SEC”), which was declared effective on June
24, 2021 and includes a definitive proxy statement in connection
with Empower’s solicitation of proxies for the vote by Empower
shareholders with respect to the proposed transaction and other
matters as described in the Registration Statement, as well as the
prospectus relating to the offer of securities to be issued to
Empower’s shareholders and Holley’s stockholders in connection with
the proposed transaction. The definitive proxy statement/prospectus
and other proxy materials were mailed on or about June 28, 2021 to
Empower’s shareholders of record as of June 7, 2021. Investors and
security holders and other interested parties are urged to read the
definitive proxy statement/prospectus, any amendments thereto and
any other documents filed with the SEC carefully and in their
entirety when they become available because they will contain
important information about Empower, Holley and the proposed
transaction. The documents relating to the proposed transaction can
be obtained free of charge from the SEC’s website at www.sec.gov.
Free copies of these documents may also be obtained from Empower by
directing a request to: Empower Ltd., c/o MidOcean Partners, 245
Park Avenue, 38th Floor, New York, NY 10167.
Forward-Looking Statements
Certain statements in this press release may be considered
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995 and within the meaning of Section 27a
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements generally relate to future events or Holley’s or
Empower’s future financial or operating performance. For example,
projections of future sales and other metrics are forward-looking
statements. In some cases, you can identify forward-looking
statements by terminology such as “may,” “should,” “expect,”
“intend,” “will,” “would,” “will continue,” “will be,” “will likely
result,” “estimate,” “anticipate,” “believe,” “predict,” “project,”
“strategy,” “future,” “opportunity,” “plan,” or the negatives of
these terms or variations of them or similar terminology. Such
forward-looking statements are subject to risks, uncertainties, and
other factors which could cause actual results to differ materially
from those expressed or implied by such forward-looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by Holley and its
management and Empower and its management, as the case may be, are
inherently uncertain factors that may cause actual results to
differ materially from current including those risks and
uncertainties set forth in the section entitled “Risk Factors” and
“Forward-Looking Statements; Market, Ranking and Other Industry
Data” in the Registration Statement and other documents of Empower
filed, or to be filed, with the SEC. Although Holley and Empower
believe the expectations reflected in the forward-looking
statements are reasonable, nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward looking statements will be
achieved. There may be additional risks that Holley and Empower
presently do not know or that Holley and Empower currently believe
are immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. You should not
place undue reliance on forward-looking statements, which speak
only as of the date they are made. Neither Holley nor Empower
undertakes any duty to update these forward-looking statements,
except as otherwise required by law.
Participants in the Solicitation
Empower, Holley and their respective directors, executive
officers, other members of management and employees, under SEC
rules, may be deemed to be participants in the solicitation of
proxies of Empower’s shareholders in connection with the Business
Combination. Investors and shareholders may obtain more detailed
information regarding the names and interests in the Business
Combination of Empower directors and officers, and Holley’s
directors and executive officers, in Empower’s filings with the
SEC, including the Registration Statement.
Disclaimer
This communication is for informational purposes only and is
neither an offer to purchase, nor a solicitation of an offer to
sell, subscribe for or buy, any securities or the solicitation of
any vote in any jurisdiction pursuant to the Business Combination
or otherwise, nor shall there be any sale, issuance or transfer or
securities in any jurisdiction in contravention of applicable law.
No offer of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210706005802/en/
Media: Phil Denning / Michael Wolfe ICR, Inc.
EmpowerPR@icrinc.com (646) 277-1200
Investor Relations: Tom Filandro / Nitza McKee ICR, Inc.
HolleyIR@icrinc.com (646) 277-1200
Empower (NYSE:EMPW)
過去 株価チャート
から 12 2024 まで 1 2025
Empower (NYSE:EMPW)
過去 株価チャート
から 1 2024 まで 1 2025
