{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-220722","form_type":"8-K","ticker":"HLLY","cik":"0001822928","company_name":"Holley Inc.","filed_at":"2021-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.881363+00:00","generated_at":"2026-06-30T03:51:00.068586+00:00","sec_items":["1.01","2.01","9.01","3.02","3.03","5.01","5.02","5.03","5.05","5.06","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Holley Inc. (formerly Empower Ltd.) completes business combination with Holley Intermediate; begins trading as HLLY","bullets":["Closing on July 16, 2021; Holley Intermediate shareholders received $264.7M cash + 67,673,884 shares at $10.00 per share.","PIPE financing raised $240M (24M shares at $10.00 each) and A&R FPA added $50M (5M units at $10.00 each).","Post-closing shares outstanding: 117,993,139 common shares, 10M public warrants ($11.50 strike), and 4,666,667 private warrants ($11.50 strike).","New executive employment agreements: CEO Tomlinson base salary $500K, target bonus 100%; other executives base salaries and bonuses set.","Incentive Plan approved; initial option grants to seven executives totaling ~1.25M shares, vesting over 3 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-220722","json":"https://secwatch.observer/filing/0001193125-21-220722.json","markdown":"https://secwatch.observer/filing/0001193125-21-220722.md","text":"https://secwatch.observer/filing/0001193125-21-220722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822928/000119312521220722/0001193125-21-220722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822928/000119312521220722/d185405d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T03:51:00.068586+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1912656a5d","claim":"Matthew Rubel resigned as Officer at Holley Inc..","evidence_excerpt":"In connection with the Closing, Graham Clempson, Krishnan Anand, 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}