---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002293"
form_type: "8-K"
ticker: "EVLV"
cik: "0001805385"
company_name: "Evolv Technologies Holdings, Inc."
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T15:20:47.273683+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Evolv cuts 14% workforce; reports Q4 deployments of 6,000+ Express units and 470 new subscriptions

## Summary
- Reduction in force of 40 employees (14% of workforce); expects $2.3M pre-tax charges, $9M annualized cash savings.
- Q4 2024: Surpassed 6,000 Express units deployed; activated ~470 new multi-year subscriptions.
- Added 60 new customers, including ~100 school buildings and 30+ hospital buildings; now serves 1,200+ schools and 450+ hospitals.
- Booked first orders for new Expedite bag-screening AI product, introduced months ago.
- Cash and equivalents ~$52M, no debt; restatement progress ongoing, no unsurmountable roadblocks.

## SEC filing metadata
- accession: 0001628280-25-002293
- form_type: 8-K
- ticker: EVLV
- cik: 0001805385
- company_name: Evolv Technologies Holdings, Inc.
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805385/000162828025002293/0001628280-25-002293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805385/000162828025002293/evlv-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002293
- JSON: https://secwatch.observer/filing/0001628280-25-002293.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002293.txt

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