EMPW Empower Ltd. Class A

Empower Ltd. operates as a blank check company. Its business purpose is effecting a merger, share exchange, asset acquisition, share purchase, and reorganization. The company was founded on August 19, 2020 and is headquartered in New York, NY.

On 3/12/2021 the company announced a pending merger with Holley, the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category. Assuming no redemptions, the SPAC shareholders will own 25% of the company. The $290 million PIPE at $10 per share will own 26% of the company. Valuation is 2x estimated 2020 revenue of $583 million.   

$10.15  -0.03 (-0.30%)
As of 06/21/2021 16:00:02 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Common stocks
Category3:  Micro cap
GICS sector:  Financials
Industry:  Shell Companies
Index country:  USA
Country of incorporation:  
IPO date:  11/27/2020
Outstanding shares:  25,000,000
Average volume:  357,666
Market cap:   $254,500,000
Current dividend yield:  0.00%
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Valuation   (See tab for details)
PE ratio:   0.00
PB ratio:   0.00
PS ratio:   0.00
Return on equity:   0.00%
Net income %:   0.00%

2021 © Stock Market MBA, Inc. Terms of use | Privacy policy