Holley Performance Brands Declares Secondary Stock Sale by Shareholder

Holley Performance Brands Announces Secondary Offering of Common Stock

Holley Performance Brands (NYSE: HLLY) has announced a secondary offering of 14 million shares of common stock. The announcement was made in a press release, but the specific selling stockholder beyond being controlled by Sentinel Capital Partners, LLC, and the underwriters for the offering have not been named.

The press release also states that the company will not participate in the offering or receive any proceeds from the sale. The selling stockholder has been granted a 30-day option to sell an additional 2.1 million shares of common stock.

After the announcement, Holley Performance Brands' stock price dropped by 4.63%, and the current stock price for Holley Performance Brands is $3.5, as of the announcement.

The reason for the secondary offering is not disclosed in the press release. However, Holley Inc. anticipates generating revenue between $580M and $595M in 2025, driven by the momentum of its core business.

In other news, Holley Inc. and Callaway Cars will collaborate to create high-performance packages for General Motors. The details of this collaboration are yet to be disclosed.

For those interested in Holley Inc.'s financial performance, the Q2 2025 earnings call transcript is now available.

It's worth noting that there is a Seeking Alpha's Quant Rating on Holley Inc. (HLLY). The rating provides a comprehensive analysis of the company's financial health, growth prospects, and valuation.

The executive names of Holley Performance Brands controlled by Sentinel Capital Partners, LLC who announced the secondary offering have not been publicly disclosed.

This news comes at a time when the automotive industry is undergoing significant changes, and Holley Performance Brands continues to adapt and innovate to meet the demands of the market.