<SEC-DOCUMENT>0000950170-24-138100.txt : 20241218
<SEC-HEADER>0000950170-24-138100.hdr.sgml : 20241218
<ACCEPTANCE-DATETIME>20241218195324
ACCESSION NUMBER:		0000950170-24-138100
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20241218
DATE AS OF CHANGE:		20241218

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Holley Inc.
		CENTRAL INDEX KEY:			0001822928
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91743
		FILM NUMBER:		241560678

	BUSINESS ADDRESS:	
		STREET 1:		2445 NASHVILLE ROAD
		STREET 2:		SUITE B1
		CITY:			BOWLING GREEN
		STATE:			KY
		ZIP:			42101
		BUSINESS PHONE:		2124971400

	MAIL ADDRESS:	
		STREET 1:		2445 NASHVILLE ROAD
		STREET 2:		SUITE B1
		CITY:			BOWLING GREEN
		STATE:			KY
		ZIP:			42101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Empower Ltd.
		DATE OF NAME CHANGE:	20200828

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LOBEL DAVID S
		CENTRAL INDEX KEY:			0001251226
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		C/O SENTINEL CAPITAL PARTNERS II
		STREET 2:		777 THIRD AVE. 32ND FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>SCHEDULE 13D/A</submissionType>
<previousAccessionNumber>0001193125-21-224484</previousAccessionNumber>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001251226</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
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<liveTestFlag>LIVE</liveTestFlag>
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</headerData>
<formData>
<coverPageHeader>
<amendmentNo>6</amendmentNo>
<securitiesClassTitle>Common Stock, par value $0.0001 per share</securitiesClassTitle>
<dateOfEvent>12/16/2024</dateOfEvent>
<previouslyFiledFlag>false</previouslyFiledFlag>
<issuerInfo>
<issuerCIK>0001822928</issuerCIK>
<issuerCUSIP>43538H103</issuerCUSIP>
<issuerName>HOLLEY INC.</issuerName>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">2445 Nashville Road, Suite B1</street1>
<city xmlns="http://www.sec.gov/edgar/common">Bowling Green</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">KY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">42101</zipCode>
</address>
</issuerInfo>
<authorizedPersons>
<notificationInfo>
<personName>Vincent E. Taurassi</personName>
<personPhoneNum>(212) 688-3100</personPhoneNum>
<personAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">Sentinel Capital Partners</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">One Vanderbilt Avenue, 53rd Floor</street2>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10017</zipCode>
</personAddress>
</notificationInfo>
</authorizedPersons>
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<reportingPersons>
<reportingPersonInfo>
<reportingPersonCIK>0001251226</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>David S. Lobel</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001871959</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Holley Parent Holdings, LLC</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001871535</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Sentinel Partners V, L.P.</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001871532</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Sentinel Managing Company V, Inc.</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001581247</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Sentinel Capital Partners V, L.P.</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001581249</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Sentinel Capital Partners V-A, L.P.</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonCIK>0001581250</reportingPersonCIK>
<reportingPersonNoCIK>N</reportingPersonNoCIK>
<reportingPersonName>Sentinel Capital Investors V, L.P.</reportingPersonName>
<legalProceedings>N</legalProceedings>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>41556961</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>41556961</sharedDispositivePower>
<aggregateAmountOwned>41556961</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>34.7</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Percent of class in Row (13) represented by amount in Row (11) is based upon 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.

                                                                                                                                                   Explanatory Note

This Amendment No. 6 (this Amendment) amends and supplements the Schedule 13D filed on July 26, 2021 (as amended by Amendment No. 1 to the Schedule 13D (Amendment No. 1), filed on February 15, 2022, as amended by Amendment No. 2 to the Schedule 13 D (Amendment No. 2), filed on March 24, 2022 as amended by Amendment No. 3 to the Schedule 13D (Amendment No. 3), filed on April 25, 2022, as amended by Amendment No. 4 to the Schedule 13D (Amendment No. 4), filed on August 17, 2023, and as amended by Amendment No. 5 to the Schedule 13D (Amendment No. 5), filed on September 13, 2024, this Schedule 13D) by the Reporting Persons relating to the Common Stock of the Issuer. Information reported in this Schedule 13D remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment. Capitalized terms used but not defined in this Amendment have the respective meanings set forth in this Schedule 13D. </commentContent>
</reportingPersonInfo>
</reportingPersons>
<items1To7>
<item1>
<securityTitle>Common Stock, par value $0.0001 per share</securityTitle>
<issuerName>HOLLEY INC.</issuerName>
<issuerPrincipalAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">2445 Nashville Road, Suite B1</street1>
<city xmlns="http://www.sec.gov/edgar/common">Bowling Green</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">KY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">42101</zipCode>
</issuerPrincipalAddress>
</item1>
<item4>
<transactionPurpose>Item 4 of this Schedule 13D is hereby amended and supplemented to include the following:
On December 16, 2024, Holley Parent Holdings, LLC, d/b/a Sentinel Holley Holdings, ("Sentinel Holley"), sold 1,743,356 shares of Common Stock for aggregate consideration of $5,230,068 to an unaffiliated third party (the "Transaction"). Sentinel Holley is an entity ultimately controlled by Sentinel Capital Partners, LLC that was formed to hold the investment by its affiliated funds and certain other investors in the Issuer. The Issuer did not sell or receive shares or receive any consideration in connection with the Transaction, and the Transaction did not create any new shares of Common Stock or change the number of shares of outstanding Common Stock of the Issuer.

</transactionPurpose>
</item4>
<item5>
<percentageOfClassSecurities>Item 5 of this Schedule 13D is hereby amended and restated in its entirety as follows:

The information set forth in or incorporated by reference in Item 4 and on the cover pages of this Schedule 13D is incorporated by reference in its entirety into this Item 5.

As of the date hereof, the Reporting Persons each beneficially own 41,556,961 shares of Common Stock, representing approximately 34.7% of the outstanding shares of Common Stock. The percentage of the outstanding shares of Common Stock held by each Reporting Person is based on 119,842,447 shares of Common Stock issued and outstanding as of December 16, 2024, as reported by the Issuer to the Reporting Persons.
</percentageOfClassSecurities>
<numberOfShares>The information set forth in Item (5)(a) of this Schedule 13D is incorporated by reference in its entirety into this Item 5(b).</numberOfShares>
<transactionDesc>Except for the Transaction as reported herein, neither the Reporting Persons nor any of the individuals listed on Schedule I has effected any transactions in the Common Stock during the past sixty (60) days.</transactionDesc>
<listOfShareholders>Except as otherwise described in this Item 5, no one other than the Reporting Persons has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, any of the Common Stock beneficially owned by the Reporting Persons as described in this Item 5.</listOfShareholders>
<date5PercentOwnership>Not applicable.</date5PercentOwnership>
</item5>
</items1To7>
<signatureInfo>
<signaturePerson>
<signatureReportingPerson>David S. Lobel</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Vincent Taurassi, Attorney-In-Fact</signature>
<title>For David S. Lobel</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Holley Parent Holdings, LLC</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Sentinel Partners V, L.P.</signatureReportingPerson>
<signatureDetails>
<signature>By: Sentinel Managing Company V, Inc. its general partner, /s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Sentinel Managing Company V, Inc.</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Sentinel Capital Partners V, L.P.</signatureReportingPerson>
<signatureDetails>
<signature>By: Sentinel Partners V, L.P. its general partner, By: Sentinel Managing Company V, Inc. its general partner, /s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Sentinel Capital Partners V-A, L.P.</signatureReportingPerson>
<signatureDetails>
<signature>By: Sentinel Partners V, L.P. its general partner, By: Sentinel Managing Company V, Inc. its general partner, /s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Sentinel Capital Investors V, L.P.</signatureReportingPerson>
<signatureDetails>
<signature>By: Sentinel Partners V, L.P. its general partner, By: Sentinel Managing Company V, Inc. its general partner, /s/ Vincent Taurassi</signature>
<title>Vincent Taurassi, Attorney-in-Fact</title>
<date>12/18/2024</date>
</signatureDetails>
</signaturePerson>
</signatureInfo>
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</SEC-DOCUMENT>
