Holley Performance Brands Announces the Launch of a Secondary Offering by Selling Stockholder

Core Viewpoint - Holley Performance Brands is launching a secondary offering of 14,000,000 shares of common stock, with proceeds going to a selling stockholder controlled by Sentinel Capital Partners, LLC, while the company itself will not receive any proceeds from this offering [1][3]. Company Overview - Holley Performance Brands specializes in the design, manufacturing, and marketing of high-performance products for automotive enthusiasts, managing a portfolio of iconic brands [8]. - The company focuses on four consumer verticals: Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing, which allows it to have a significant impact on the automotive aftermarket industry [8]. - Holley Performance Brands is recognized for its innovative approach and strategic acquisitions aimed at enhancing the enthusiast experience and driving growth [8]. Offering Details - The selling stockholder is expected to grant underwriters a 30-day option to purchase up to 2,100,000 additional shares of common stock [1]. - J.P. Morgan and Jefferies are acting as the lead book-running managers and representatives of the underwriters for this offering [3].