HLLY Shareholder News: Johnson Fistel Encourages Holley Inc. f/k/a Empower Ltd Shareholders with Losses to Contact the Firm Regarding Investigation

SAN DIEGO, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether Holley Inc. f/k/a Empower Ltd. (NYSE: HLLY), any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.

What if I purchased Holley common stock? If you purchased Holley common stock and suffered significant losses on your investment, join our investigation now:

https://www.johnsonfistel.com/investigations/holley-empower-ltd

Or for more information, contact Jim Baker at [email protected] or (619) 814-4471

There is no cost or obligation to you.

What is Johnson Fistel investigating? On July 16, 2021, Empower Ltd, a SPAC (Special Acquisition Company), and Holley Intermediate Holdings, Inc. completed a business combination in which the company began trading on the NYSE under the name Holley Inc.

The investigation pertains to whether Holley and certain executives misrepresented or failed to timely disclose material and adverse information to investors.

What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or [email protected].

Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: [email protected]