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HOLLEY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Holley Inc. and Encourages Long-Term Investors to Contact the Firm – HLLY

1. Kaskela Law is investigating Holley Inc. for securities fraud. 2. Complaint alleges misleading statements about Holley's business and operations. 3. Holley's stock value dropped from over $12 to below $3 between 2022-2023. 4. Investors are encouraged to contact Kaskela Law regarding their legal rights. 5. The investigation may reveal fiduciary duty breaches by Holley's board.

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FAQ

Why Very Bearish?

The ongoing investigation and past stock decline indicate major trust issues. Historical examples include cases where legal troubles led to long-term stock devaluation.

How important is it?

The investigation directly targets Holley’s operational integrity, crucial for investor confidence, and has led to significant stock price drops before.

Why Short Term?

The immediate impact on investor sentiment and uncertainty could cause further selling pressure. Similar instances typically manifest rapid changes in stock price as news unfolds.

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HLLY
PHILADELPHIA, April 21, 2025 (GLOBE NEWSWIRE) -- The law firm of Kaskela Law LLC announces that it is investigating Holley Inc. (NYSE: HLLY) on behalf of the company’s long-term shareholders. Click here to receive additional information about your legal rights and options: https://kaskelalaw.com/case/holley/ Recently a securities fraud complaint was filed against Holley on behalf of certain investors who purchased shares of the company’s stock between July 21, 2021 and February 6, 2023 (the “Class Period”). According to the complaint, during the Class Period Holley and certain of the company’s senior executive officers made a series of materially false and/or misleading statements to investors regarding Holley’s business, operations, and growth prospects. The complaint further details how, despite prior representations and through a series of partial disclosures made between July 2022 and February 2023 – including disappointing quarterly financial and operational results, reduced financial guidance, and the resignation of the Company’s CFO and CEO – investors gradually learned that during the Class Period Holley had: (i) excluded its resellers and distribution partners from promotions that were offered in other channels, which resulted in them “not promoting [Holley] products” and “in some cases, even promoting [Holley's] competitors' products to preserve their margins”; and (ii) failed to enforce minimum advertised pricing on the vast majority of the products Holley sold. In response to Defendants’ disclosures, shares of Holley’s common stock declined from a trading price of over $12.50 per share in July 2022 to a trading price of below $3.00 per share by Feb 2023. The investigation seeks to determine whether the members of Holley’s board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct. Holley shareholders who purchased or acquired their HLLY shares prior to May 12, 2022 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 for additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/holley/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, and has helped to recover hundreds of millions of dollars for aggrieved investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq.(skaskela@kaskelalaw.com)Adrienne Bell, Esq.(abell@kaskelalaw.com)18 Campus Blvd., Suite 100Newtown Square, PA 19073(888) 715 – 1740(484) 229 – 0750www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.

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