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NewHold Investment Corp.

EVLV · Nasdaq

Trust settledEvolv Technologies Holdings, Inc. · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. There is no deadline left to miss.

Cash at settlement

no closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

No price history on file yet — daily closes accumulate from the market data feed.

Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.

SpacBrain’s read

Trust settled

The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

In plain terms

What it is
A SPAC from NewHold Industrial (Charlton/Scharfman), listed on Nasdaq in August 2020.
What it's doing now
It agreed to buy Evolv Technologies Holdings, Inc.. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
Evolv Technologies Holdings, Inc. — Technology Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces …
Industry
the deal record does not name the target's industry yet
Deal value
not stated in the filings we hold
Price vs cash at settlement
no live price on file
Cash in trust when it settled
not yet extracted into a snapshot — the filings below may state it
the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
IPO
3 August 2020
size not on file
Headquarters
500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM, MA, 02451
Lead underwriter
not extracted from the prospectus yet
Key officers
Charlton Kevin M. (Director) · Ellenbogen Michael (Director) · Glat Neil (Director)
Listed securities
EVLV common
Cash held per sharenot filed for this window

This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.

Next date that mattersno dated event on file

Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.

Yield to redemption

Nothing left to redeem — no yield to compute.

This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.

What happened to the cash

The reasoning behind the verdict above, in the order the filings establish it.

  1. The deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

1 dated milestone

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 3 August 2020IPOpassed

    IPO size not on file

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

  • Evolv Technologies Holdings, Inc.—
    closed

    What Evolv Technologies Holdings, Inc. does — read from evolvtechnology.com on 26 August 2026

    Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) is a security technology company that provides AI-based weapons detection and security screening solutions. Its products screen people and bags at scale for venues such as schools, stadiums, workplaces, and public spaces. The company reports screening millions of people daily with over 9,000 units deployed globally.

    Waltham, Mass.HealthcareCorporate OfficesK-12 SchoolsStadiums & ArenasEntertainment venuesPublic spaces
    Deal structureSEC-primary — BCA 8-K / S-4 / DEFM14A
    PIPE
    ≈ $300M · unsourced

    PIPE terms — instrument, coupon, conversion price and any reset floor — are not sourced for this deal. The size above is itself unsourced — a stored figure no filing we hold states — so neither the size nor the terms should be read as cited.

    stated in:0001213900-21-019983 opens on sec.gov in a new tab

The score

deterministic, from filed fields

EVLV is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

NewHold Investment Corp. was a Delaware-incorporated blank-check company formed in January 2020 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the company could pursue targets in any industry or geography, its stated focus was on industrial technology businesses aligned with "Industry 4.0" themes, targeting business-to-business sectors reshaped by advanced data analytics, software, artificial intelligence, and process automation. The company sought acquisition targets with aggregate enterprise values of $700 million or greater. NewHold Investment Corp. priced its IPO on August 3, 2020, raising $150 million by offering 15,000,000 units priced at $10.00 each, with each unit consisting of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. Units traded on the Nasdaq Capital Market under the symbol "NHICU," with the common stock and warrants listed separately as "NHIC" and "NHICW" upon separation. The company was headquartered in Waltham, Massachusetts, with its sponsor being NewHold Industrial Technology Holdings LLC.

The IPO was underwritten by Stifel as sole book-running manager, with I-Bankers Securities serving as co-manager. Of the offering proceeds, $150 million (or up to $172.5 million if the underwriters' over-allotment option was exercised in full) was deposited into a trust account at $10.00 per unit, while $1.5 million remained available outside the trust for expenses and working capital. The company's sponsor and anchor investors—including funds managed by Magnetar Financial LLC, UBS O'Connor LLC, and Mint Tower Capital Management B.V.—purchased 5,250,000 private placement warrants at $1.00 each in a simultaneous private placement. The management team was led by Chief Executive Officer Kevin Charlton, who brought prior SPAC experience from Hennessy Capital Acquisition Corp., Hennessy Capital Acquisition Corp. II, and Hennessy Capital Acquisition Corp. III. The team collectively held over 60 years of private equity experience and had executed three prior SPAC business combinations. NewHold was required to complete its initial business combination within 24 months of the IPO closing, or redeem 100% of its public shares for cash.

The company successfully completed its business combination and was rebranded as Evolv Technologies Holdings, Inc., with the common stock trading under the ticker EVLV on Nasdaq. Following the closing of the merger, an 8-K filed July 22, 2021 reported a change in shell company status, marking the entity's transition from a blank-check company to an operating business under SIC code 3577 (Computer Peripheral Equipment, NEC).

Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • 10-Q11 August 20260001805385-26-000049opens on sec.gov in a new tab

    Receivables grew $8.7 million while marketable securities fell $9.9 million over six months, so cash rose without the asset base growing. Property and equipment of $129.0 million is the largest single asset, consistent with the subscription model in which the company owns deployed units. The liabilities and results are not in the portion of the document read here.

  • 8-K11 August 20260001805385-26-000047opens on sec.gov in a new tab

    Revenue is growing faster than ARR — 34% against 20% — because the mix is shifting toward the purchase subscription model, which recognises hardware revenue and cost up front. That is why the company raised revenue guidance while warning on gross margin percentage, and why ARR rather than revenue is the measure of the recurring base.

  • 8-K10 August 20260001805385-26-000040opens on sec.gov in a new tab

    The consideration to the company is governance reforms rather than a payment, while $1,275,000 of stockholders' counsel fees is proposed. Nothing is effective until the court approves, and the release of claims is conditioned on that approval.

  • S-4/A9 June 20210001213900-21-031736opens on sec.gov in a new tab

    The fee table contradicts itself on the face of the document: the line registers 47,069,088 shares, while its own footnote says that number is based on the 125,000,000 shares issuable as consideration to Evolv's holders plus a maximum 15,000,000 additional earn-out shares. Nothing in the table reconciles the registered figure with the basis it cites, so a reader cannot tell which caps the issuance. The offering price is a Rule 457(f)(2) construct — Evolv is private with an accumulated deficit — so it is one-third of aggregate par value, not a valuation.

  • S-4/A14 May 20210001213900-21-026388opens on sec.gov in a new tab

    The fee table does not agree with its own footnote: the amount to be registered is 44,798,660 shares, while the footnote explaining that number describes 125,000,000 shares of common stock issuable as consideration to Evolv's holders plus a maximum additional 15,000,000 earn-out shares. A reader cannot reconcile the two from this document. The $26,473,000 is in any case a Rule 457(f)(2) construct — Evolv is private, no market exists for its securities and it has an accumulated deficit — rather than a valuation of the target.

  • S-42 April 20210001213900-21-019983opens on sec.gov in a new tab

    The registration is priced under Rule 457(f)(2) at one-third of the aggregate par value of the Evolv securities being exchanged, because Evolv is a private company with no market for its securities and an accumulated deficit — so a $26,473,000 proposed maximum aggregate offering price and a $2,888.20 fee attach to a transaction whose stated share consideration is 125,000,000 shares. The 44,798,660 shares registered is smaller than the consideration described in the same note, and the cover does not reconcile the two figures.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings
  • 10-Q11 August 20260001805385-26-000049opens on sec.gov in a new tab

    What changed: The 10-Q filed under Commission file number 001-39417 is that of Evolv Technologies Holdings, Inc. (Nasdaq: EVLV) for the quarter ended June 30, 2026, with 181,126,146 Class A shares outstanding as of August 4, 2026. Why it matters: Receivables grew $8.7 million while marketable securities fell $9.9 million over six months, so cash rose without the asset base growing. Property and equipment of $129.0 million is the largest single asset, consistent with the subscription model in which the company owns deployed units. The liabilities and results are not in the portion of the document read here.

  • S-811 August 20260001104659-26-094133opens on sec.gov in a new tab
  • 8-K11 August 20260001805385-26-000047opens on sec.gov in a new tab

    What changed: Evolv Technologies Holdings, Inc. (Nasdaq: EVLV) furnished a press release dated August 11, 2026 reporting second quarter 2026 results. Revenue was $43.8 million, up 34% from $32.5 million, ending annual recurring revenue $132.7 million, up 20% from $110.5 million, and remaining performance obligation $312.6 million, up $13.6 million sequentially, with 70 new customers added. Net loss narrowed to $9.3 million, or $(0.05) per share, from $40.5 million, or $(0.25); adjusted EBITDA was $4.4 million against $2.1 million. Why it matters: Revenue is growing faster than ARR — 34% against 20% — because the mix is shifting toward the purchase subscription model, which recognises hardware revenue and cost up front. That is why the company raised revenue guidance while warning on gross margin percentage, and why ARR rather than revenue is the measure of the recurring base.

  • 8-K10 August 20260001805385-26-000040opens on sec.gov in a new tab

    What changed: Exhibit 99.2 to an 8-K of Evolv Technologies Holdings, Inc.: the Stipulation of Settlement resolving the company's stockholder derivative matters — the consolidated Massachusetts action (In re Evolv Technologies Holdings, Inc. Stockholder Derivative Litigation, No. 1:24-cv-12822-ADB, D. Mass.), the Delaware Court of Chancery actions Bersch v. George and Patrick v. Charlton, and a Section 220 books-and-records demand and pre-suit litigation demand by stockholder Nicholas R. Ingrao. The stipulation names Evolv as nominal defendant and 24 individual defendants. Why it matters: The consideration to the company is governance reforms rather than a payment, while $1,275,000 of stockholders' counsel fees is proposed. Nothing is effective until the court approves, and the release of claims is conditioned on that approval.

  • SCHEDULE 13G/A28 July 20260002012383-26-002490opens on sec.gov in a new tab
  • 417 July 20260001869206-26-000020opens on sec.gov in a new tab
  • 25-NSE16 July 20260001354457-26-000698opens on sec.gov in a new tab
  • 422 June 20260002112008-26-000009opens on sec.gov in a new tab
  • 422 June 20260001648814-26-000002opens on sec.gov in a new tab
  • 422 June 20260001869206-26-000018opens on sec.gov in a new tab

The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPOnot extracted from the prospectus

from 424B3 0001628280-22-024506

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Computer Peripheral Equipment, NEC (3577)
Registered innot stated in SEC submissions
Exchange · CIKNasdaq · 0001805385

All filings on EDGARopens on sec.gov in a new tab

Directors & officers

Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

14 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

36 full SEC filing texts archived — searchable, never lost.

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.

Ask the brain

from its filings
Data provenance & audit trail5 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

EVLV — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 3577 (Computer Peripheral Equipment, NEC). The screen found it by filing SHAPE instead — S-1 2020-07-10 → 8-A12B 2020-07-30 → 424B4 2020-08-03 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 3577 + self-described blank check in 424B4 0001213900-20-019878; 424B 0001213900-20-019878 priced 2020-08-03 under S-1 0001213900-20-017252 (file 333-239822, an offering for cash); common ticker EVLV off 8-K 0001104659-21-094408 (2021-07-21); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-239822, which belongs to S-1 0001213900-20-017252 (2020-07-10) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2020-08-03). Ending PROVEN, not inferred: CLOSED per 8-K 0001104659-21-094897 (2021-07-22) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 5.02,5.06). ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.

SPONSOR-ID2026-08-14

sponsor "NewHold Industrial Technology Holdings LLC" (SEC CIK 0001819298) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-20-019418.

NAME-REPAIR2026-08-31

"Evolv Technologies Holdings, Inc." is the registrant's CURRENT identity, adopted when the combination closed — EDGAR renames on the closing day, so the rename predates the ending we store and every date-based check cleared it; the vehicle traded as "NewHold Investment Corp." per the COMPANY CONFORMED NAME in 424B4 0001213900-20-019878 filed 2020-08-03. §98

Deal — Evolv Technologies Holdings, Inc.
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001805385 records "NewHold Investment Corp." ending 2021-06-29; the registrant continues as "Evolv Technologies Holdings, Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2021-06-29. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] pipeSizeM=300 from primary filings (0001213900-21-019983).

PIPE2026-08-29

pipeBasis set to UNSOURCED: the size came from the research seed / an earlier record and no filing we hold states it — surfaces now label it "unsourced"; an LLM re-read to FILED replaces this when credits allow

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