Holley Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: HLLY-WT · Form: DEF 14A · Filed: Mar 21, 2024 · CIK: 1822928
| Field | Detail |
|---|---|
| Company | Holley INC. (HLLY-WT) |
| Form Type | DEF 14A |
| Filed Date | Mar 21, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Holley Inc., DEF 14A, Virtual Meeting
TL;DR
<b>Holley Inc. is holding its 2024 Annual Meeting of Stockholders virtually on May 2, 2024, with proxy materials distributed starting March 21, 2024.</b>
AI Summary
Holley Inc. (HLLY-WT) filed a Proxy Statement (DEF 14A) with the SEC on March 21, 2024. Holley Inc. will hold its 2024 Annual Meeting of Stockholders on May 2, 2024, at 8:00 a.m. Central Time. The meeting will be conducted in a virtual-only format via live webcast at www.virtualshareholdermeeting.com/HLLY2024. Stockholders of record can attend, vote, and ask questions using their 16-digit control number. The proxy statement is being made available to stockholders starting March 21, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for the 1934 Act.
Why It Matters
For investors and stakeholders tracking Holley Inc., this filing contains several important signals. This DEF 14A filing provides crucial details on Holley's strategic direction, executive compensation, and board composition for the upcoming annual meeting. The virtual format aims to maximize stockholder participation and ensure equal access to voting and question-asking capabilities, regardless of location.
Risk Assessment
Risk Level: low — Holley Inc. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate market impact.
Analyst Insight
Stockholders should review the proxy materials to understand executive compensation, board nominations, and any proposals to be voted on at the May 2nd meeting.
Key Numbers
- 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
- May 2 — Meeting Date (Annual Meeting will be held on Tuesday, May 2, 2024)
- 8:00 a.m. Central Time — Meeting Time (Annual Meeting will be held at 8:00 a.m. Central Time)
- March 21, 2024 — Proxy Statement Availability Date (This proxy statement is first being made available to our stockholders on March 21, 2024)
Key Players & Entities
- Holley Inc. (company) — Registrant name
- May 2, 2024 (date) — Date of Annual Meeting
- March 21, 2024 (date) — Date proxy statement made available
- www.virtualshareholdermeeting.com/HLLY2024 (url) — Virtual meeting platform
- Empower Ltd. (company) — Former company name
- 20200828 (date) — Date of name change
FAQ
When did Holley Inc. file this DEF 14A?
Holley Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 21, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Holley Inc. (HLLY-WT).
Where can I read the original DEF 14A filing from Holley Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Holley Inc..
What are the key takeaways from Holley Inc.'s DEF 14A?
Holley Inc. filed this DEF 14A on March 21, 2024. Key takeaways: Holley Inc. will hold its 2024 Annual Meeting of Stockholders on May 2, 2024, at 8:00 a.m. Central Time.. The meeting will be conducted in a virtual-only format via live webcast at www.virtualshareholdermeeting.com/HLLY2024.. Stockholders of record can attend, vote, and ask questions using their 16-digit control number..
Is Holley Inc. a risky investment based on this filing?
Based on this DEF 14A, Holley Inc. presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate market impact.
What should investors do after reading Holley Inc.'s DEF 14A?
Stockholders should review the proxy materials to understand executive compensation, board nominations, and any proposals to be voted on at the May 2nd meeting. The overall sentiment from this filing is neutral.
How does Holley Inc. compare to its industry peers?
Holley Inc. operates in the automotive aftermarket industry, specifically focusing on vehicle performance and customization parts.
Are there regulatory concerns for Holley Inc.?
This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.
Industry Context
Holley Inc. operates in the automotive aftermarket industry, specifically focusing on vehicle performance and customization parts.
Regulatory Implications
This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.
What Investors Should Do
- Review the proxy statement for details on director nominees and corporate governance proposals.
- Understand the executive compensation structure and any related proposals.
- Prepare to attend the virtual annual meeting on May 2, 2024, and exercise voting rights.
Key Dates
- 2024-05-02: 2024 Annual Meeting of Stockholders — Key date for stockholder participation and voting.
- 2024-03-21: Proxy Statement First Made Available — Marks the beginning of the period for stockholders to review information and prepare for the meeting.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard proxy statement for an annual meeting. No comparative financial data from a prior filing is presented within this document.
Filing Stats: 4,151 words · 17 min read · ~14 pages · Grade level 14.5 · Accepted 2024-03-21 06:01:19
Filing Documents
- ny20017022x1_def14a.htm (DEF 14A) — 742KB
- logo_holley.jpg (GRAPHIC) — 42KB
- ny20006922x999_audit.jpg (GRAPHIC) — 4KB
- ny20006922x999_chair.jpg (GRAPHIC) — 5KB
- ny20006922x999_chair1.jpg (GRAPHIC) — 5KB
- ny20006922x999_independent.jpg (GRAPHIC) — 5KB
- ny20006922x999_member.jpg (GRAPHIC) — 5KB
- ny20006922x999_member1.jpg (GRAPHIC) — 5KB
- ny20006922x999_tick.jpg (GRAPHIC) — 5KB
- ny20017022x1_bcv.jpg (GRAPHIC) — 83KB
- ny20017022x1_board.jpg (GRAPHIC) — 413KB
- ny20017022x1_date.jpg (GRAPHIC) — 7KB
- ny20017022x1_internet.jpg (GRAPHIC) — 6KB
- ny20017022x1_location.jpg (GRAPHIC) — 6KB
- ny20017022x1_mail.jpg (GRAPHIC) — 7KB
- ny20017022x1_pc01.jpg (GRAPHIC) — 513KB
- ny20017022x1_pc02.jpg (GRAPHIC) — 586KB
- ny20017022x1_piechartx1.jpg (GRAPHIC) — 109KB
- ny20017022x1_qrcode.jpg (GRAPHIC) — 8KB
- ny20017022x1_telephone.jpg (GRAPHIC) — 7KB
- ny20017022x1_vote.jpg (GRAPHIC) — 6KB
- sig_ckennedy.jpg (GRAPHIC) — 8KB
- sig_mstevensonx1.jpg (GRAPHIC) — 21KB
- 0001140361-24-014443.txt ( ) — 3298KB
From the Filing
DEF 14A 1 ny20017022x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ ​ ​ Filed by a party other than the Registrant    ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under §240.14a-12 HOLLEY INC. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 TABLE OF CONTENTS   2024 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT TABLE OF CONTENTS LETTER FROM OUR PRESIDENT AND CHIEF EXECUTIVE OFFICER Dear Fellow Stockholder: I am pleased to present the 2024 Holley Inc. proxy statement, which contains information about Holley’s strategic direction, executive compensation, governance, and Board of Directors’ composition. It is my pleasure, along with our Board of Directors, to invite you to Holley’s 2024 annual meeting of stockholders. This year’s Annual Meeting will be held on Tuesday, May 2, 2024, at 8:00 a.m. Central Time. To maximize stockholder participation and provide a consistent experience regardless of location, we are holding the Annual Meeting in a virtual-only format via live webcast at www.virtualshareholdermeeting.com/HLLY2024 We have designed the virtual Annual Meeting to ensure stockholders are afforded the same opportunity to participate as they would have at an in-person meeting, including the right to vote and ask questions through the virtual meeting platform. To attend the Annual Meeting online, vote, submit questions or view the list of registered stockholders during the meeting, stockholders of record will need to go to the meeting website listed above and log in using their 16-digit control number included on their proxy card. Beneficial owners should review these proxy materials and their voting instruction form for how to vote in advance of and how to participate in the Annual Meeting. Stockholders will also transact any other business that may be properly presented at the Annual Meeting. This proxy statement is first being made available to our stockholders on March 21, 2024. In the event of a technical malfunction or other situation that the meeting chair determines may affect the ability of the Annual Meeting to satisfy the requirements for a meeting of stockholders to be held by means of remote communication under the Delaware General Corporation Law, or that otherwise makes it advisable to adjourn the Annual Meeting, the chair or secretary of the Annual Meeting will convene the meeting at 8:00 a.m. Central Time on the date specified above and at the Company’s address specified below solely for the purpose of adjourning the meeting to reconvene at a date, time and physical or virtual location announced by the meeting chair. Under either of the foregoing circumstances, we will post information regarding the announcement on the Investors page of the Company’s website at https://investor.holley.com. As permitted by the Securities and Exchange Commission (the “SEC”), we are providing access to our proxy materials online under the SEC’s “notice and access” rules. As a result, unless you previously requested electronic or paper delivery on an ongoing basis, we are mailing to our stockholders a Notice of Internet Availability of Proxy Materials (the “Notice”) instead of a paper copy of the proxy statement, our 2023 Annual Report and a form of proxy card or voting instruction card (together, the “proxy materials”). This distribution process is more resource- and cost-efficient. The Notice contains instructions on how to access the proxy materials online. The Notice also contains instructions on how stockholders can receive a paper copy of our proxy materials. If you elect to receive a paper copy, our proxy materials will be mailed to you. Whether or not you plan to attend the Annual Meeting, your vote is important, and we encourage you to review these proxy materials and vote your shares before the Annual Meeting, as recommended by the Board as follows: VOTING ITEMS PROPOSALS ​ ​ BOARD VOTE RECOMMENDATION ​ ​ FOR FURTHER DETAILS 1. ​ Ȁ