---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-071952"
form_type: "8-K"
ticker: "EVLV"
cik: "0001805385"
company_name: "Evolv Technologies Holdings, Inc."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:10:11.591528+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Evolv Technology secures $75M credit facility with MidCap Financial; $30M drawn at close

## Summary
- $75M credit: $30M term loan drawn, $30M delayed draw, $15M revolver, 5-yr maturity.
- Interest = SOFR + 5.25%; proceeds for general corporate & subscription model support.
- Cash $37M as of Jun 30 (pre-close) vs $35M at Mar 31.
- Covenants: min recurring revenue, EBITDA from yr 2; liquidity covenant after litigation/regulatory resolution.
- Non-dilutive debt strengthens balance sheet, supports long-term subscription growth.

## SEC filing metadata
- accession: 0001104659-25-071952
- form_type: 8-K
- ticker: EVLV
- cik: 0001805385
- company_name: Evolv Technologies Holdings, Inc.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805385/000110465925071952/0001104659-25-071952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805385/000110465925071952/tm2521918d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-071952
- JSON: https://secwatch.observer/filing/0001104659-25-071952.json
- Plain text: https://secwatch.observer/filing/0001104659-25-071952.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.