Holley (NYSE: HLLY) pays down $15M on first lien term loan facility

Rhea-AI Filing Summary

Holley Inc. reported that it has paid down $15 million on its first lien term loan facility. The company disclosed this debt repayment under Item 8.01 as an other event, noting that the action was announced in a press release dated August 27, 2025. This step reduces the outstanding balance on the first lien term loan facility and reflects a deliberate move to lower that specific borrowing.

Positive

• Debt reduction: Holley paid down $15 million of its first lien term loan facility, representing a clear reduction in secured borrowings.

Negative

• None.

Insights

Capital structure and credit analyst

Holley’s $15M term loan paydown modestly strengthens its balance sheet.

Holley Inc. disclosed that it has paid down $15 million of its first lien term loan facility, announced through a press release on August 27, 2025. A first lien term loan is typically secured and higher in a company's capital structure, so reducing this balance directly lowers secured debt obligations.

In general, paying down term loan debt can decrease interest expense over time and improve leverage metrics, assuming no new borrowing offsets the change. While the filing does not provide the remaining balance or broader capital structure details, a discrete $15 million repayment is a clear, quantifiable reduction in outstanding secured borrowings.

Future company filings that detail total debt and interest costs as of subsequent reporting dates will show how this repayment fits into Holley’s overall deleveraging and funding strategy.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 27, 2025

HOLLEY INC.

(Exact name of registrant as specified in its charter)

Delaware			001-39599			87-1727560
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

2445 Nashville Road, Suite B1, Bowling Green, KY						42101
(Address of principal executive offices)						(Zip Code)

(270) 782-2900

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

HLLY

New York Stock Exchange

Warrants, each exercisable for one share of common stock at an exercise price of $11.50 per share

HLLY WS

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01. Other Events.

On August 27, 2025, the Company issued a press release announcing the paydown of $15 million of its first lien term loan facility. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description
99.1						Press Release, dated August 27, 2025
104						Cover Page Interactive Data File (formatted as Inline XBRL).

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			HOLLEY INC.
			By:			/s/ Jesse Weaver
						Name:  Jesse Weaver
Date: August 27, 2025						Title:  Chief Financial Officer

FAQ

What did Holley (HLLY) disclose in this 8-K filing?

Holley Inc. disclosed that on August 27, 2025, it issued a press release announcing the paydown of $15 million of its first lien term loan facility.

How much debt did Holley repay on its first lien term loan?

Holley reported a repayment of $15 million on its first lien term loan facility, reducing the outstanding balance under that loan by that amount.

Which type of debt did Holley reduce by $15 million?

The company reduced borrowings under its first lien term loan facility by $15 million, as described in the 8-K and related press release.

When did Holley announce the $15 million term loan paydown?

Holley announced the $15 million first lien term loan paydown in a press release dated August 27, 2025, which is attached as Exhibit 99.1.

Where can investors find more details on Holley’s $15 million paydown?

Additional details are provided in the press release attached as Exhibit 99.1 to the 8-K, which is incorporated by reference.