{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-356902","form_type":"8-K","ticker":"HLLY","cik":"0001822928","company_name":"Holley Inc.","filed_at":"2021-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:14.409911+00:00","generated_at":"2026-06-28T01:23:40.231938+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Holley restates prior financials; reclassifies Empower Public Shares as temporary equity","bullets":["Management and audit committee concluded Empower Public Shares should be classified as temporary equity, not permanent equity.","Restatement affects Oct 9, 2020 balance sheet, audited FY2020, Q1 2021, and Q2 2021 financial statements.","Pre-business combination material weakness in internal control over financial reporting identified.","Company intends to file amendments: 10-K/A No. 2, Q1 and Q2 10-Q amendments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-356902","json":"https://secwatch.observer/filing/0001193125-21-356902.json","markdown":"https://secwatch.observer/filing/0001193125-21-356902.md","text":"https://secwatch.observer/filing/0001193125-21-356902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822928/000119312521356902/0001193125-21-356902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822928/000119312521356902/d263641d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T01:23:40.231938+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}