Evolv Technologies Holdings, Inc. — fact timeline

Evolv Technologies Holdings, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. at the 2026-06-18 meeting.

“Item 3 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 137,633,782 630,689 671,908 0”

Evolv Technologies Holdings, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. at the 2026-06-18 meeting.

“Item 2 - Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 94,695,112 1,020,267 1,003,044 42,217,956”

Evolv Technologies Holdings, Inc. shareholders approved Election of four Class II directors at the 2026-06-18 meeting.

“Item 1 - Election of four Class II directors to serve until the Company’s annual meeting of stockholders to be held in 2029. Votes FOR Votes WITHHELD Broker Non-Votes Neil Glat 75,654,804 21,063,619 42,217,956 Richard Shapiro 71,810,322 24,908,101 42,217,956”

Evolv Technologies Holdings, Inc. reported first quarter of 2026 results: net income $(5.0) million, EPS $(0.03) per basic and diluted share. Guidance raised.

“Total revenue for the first quarter of 2026 was $46.3 million, an increase of 45% compared to $32.0 million for the first quarter of 2025.”

Evolv Technologies Holdings, Inc. reported 2026 results: revenue between $172 to $178 million. Guidance raised.

“The Company expects total revenues in 2026 to be between $172 to $178 million, reflecting growth of approximately 18% to 22% year-over-year.”

Evolv Technologies Holdings, Inc. reported the twelve months ended December 31, 2025 results: revenue $145.9 million, net income $(33.1) million, EPS $(0.20) per basic and diluted share.

“Total revenue for the twelve months ended December 31, 2025 was $145.9 million, an increase of 40% compared to $103.9 million for the twelve months ended December 31, 2024. Net loss for the twelve months ended December 31, 2025 was $(33.1) million, or $(0.20) per basic and diluted share, compared to $(54.0) million, or $(0.34) per basic and diluted share, in the twelve months ended December 31, 2024.”

Evolv Technologies Holdings, Inc. reported the fourth quarter of 2025 results: revenue $38.5 million, net income $10.9 million, EPS $0.06 per diluted share.

“Total revenue for the fourth quarter of 2025 was $38.5 million, an increase of 32% compared to $29.1 million for the fourth quarter of 2024. Revenue for the fourth quarter of 2025 was primarily driven by strong new customer additions and continued expansion of deployments across the existing customer base. Annual Recurring Revenue (“ARR”) 1 was $120.5 million at the end of fourth quarter of 2025, an increase of 21% compared to $99.4 million at the end of the fourth quarter of 2024. Net income for the fourth quarter of 2025 was $10.9 million, or $0.06 per basic share and $0.06 per diluted share, compared to net loss of $(15.7) million, or $(0.10) per basic and diluted share, in the fourth quarter of 2024.”

Dave Rawden departed as Interim Chief Financial Officer at Evolv Technologies Holdings, Inc..

“On the Effective Date, Mr. Kutsor will succeed Dave Rawden from AlixPartners LLP, a leading global business advisory firm, who has served as the Company’s Interim Chief Financial Officer since November 20, 2024.”

George C. Kutsor was appointed as Chief Financial Officer at Evolv Technologies Holdings, Inc..

“On April 23, 2025, Evolv Technologies Holdings, Inc. (the “Company”) announced that the Board of Directors of the Company (the “Board”) appointed George C. Kutsor as the Company’s new Chief Financial Officer on April 21, 2025, to be effective one business day following the filing of the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2024 (the “Effective Date”).”

Evolv Technologies Holdings, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“April 16, 2025, Evolv Technologies Holdings, Inc. (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of the delayed filing of the Company’s Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”). The Company previously submitted a plan to regain compliance with the Nasdaq Listing Rule to Nasdaq in connection with an earlier notice of non-complian”

Richard Shapiro was appointed as Class II Director at Evolv Technologies Holdings, Inc..

“On January 31, 2025, the Board of Directors (the “Board”) of Evolv Technologies Holdings, Inc. (the “Company”) appointed Richard Shapiro to the Company’s Board, effective February 3, 2025, to serve as a Class II director until the Company’s 2026 annual meeting of stockholders.”

Jay Muelhoefer departed as Chief Commercial Officer at Evolv Technologies Holdings, Inc..

“on January 21, 2025, Evolv Technologies Holdings, Inc. (the “Company”) decided to make a leadership change and Jay Muelhoefer will no longer serve as the Chief Commercial Officer of the Company, effective February 7, 2025.”

Evolv Technologies Holdings, Inc. announced a restructuring with charges of approximately $2.3 million affecting all organizations across the Company (40 employees in all organizations across the Company, representing approximately 14% of the Company's workforce).

“as the Company seeks further flexibility to pursue its investment strategy with certain growth opportunities. The Company expects to incur pre-tax charges of approximately $2.3 million for the reduction in force, substantially all of which is expected to be incurred in the first quarter of 2025. These charges consist of one-time termination charges arising from”

Dave Rawden was appointed as Interim Chief Financial Officer at Evolv Technologies Holdings, Inc..

“On such date, the Company’s board of directors (the “Board”) also appointed Dave Rawden from AlixPartners LLP (“AlixPartners”), a leading global business advisory firm, as Interim Chief Financial Officer, and designated him as principal financial officer and principal accounting officer.”

Mark Donohue resigned as Chief Financial Officer at Evolv Technologies Holdings, Inc..

“On November 20, 2024, Mark Donohue, the Chief Financial Officer and principal financial officer and principal accounting officer of Evolv Technologies Holdings, Inc. (the “Company”), resigned effective November 21, 2024.”

Michael Ellenbogen was appointed as Interim President and Chief Executive Officer at Evolv Technologies Holdings, Inc..

“appointed Michael Ellenbogen, the Company’s Chief Innovation Officer and a member of the Board, as Interim President and Chief Executive Officer”

Peter George was terminated as President and Chief Executive Officer at Evolv Technologies Holdings, Inc..

“terminated Peter George, President and Chief Executive Officer of the Company without cause, effective immediately.”

Evolv Technologies Holdings, Inc. reported that prior financial statements should not be relied upon.

“he “Non-Reliance Periods”), should no longer be relied upon because of the misstatements described above. The Board also”

Evolv Technologies Holdings, Inc. reported financial results for the three months ended March 31, 2024.

“On May 9, 2024, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the three months ended March 31, 2024.”

Evolv Technologies Holdings, Inc. reported financial results for the three and twelve months ended December 31, 2023.

“On February 29, 2024, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the three and twelve months ended December 31, 2023.”

Evolv Technologies Holdings, Inc.: Adopted amendments to the Amended and Restated Bylaws to address universal proxy rules, enhance procedural mechanics and disclosure requirements for stockholder nominations and proposals, require a non-white proxy card for stockholder solicitations, and make technical changes (effective 2024-01-29).

“On January 29, 2024, the Board of Directors (the “Board”) of Evolv Technologies Holdings, Inc. (the “Company”) adopted amendments to the Company’s amended and restated bylaws (as amended, the “Amended and Restated Bylaws”), which became effective the same day.”

Evolv Technologies Holdings, Inc. reported financial results for the nine months ended September 30, 2023.

“On November 9, 2023, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the nine months ended September 30, 2023.”

David Mounts Gonzales was appointed as Class II Director at Evolv Technologies Holdings, Inc..

“On November 2, 2023, the Board, upon the recommendation of the Board’s nominating and corporate governance committee, appointed David Mounts Gonzales, to serve as a Class II director of the Board and a member of the audit committee of the Board for a term ending at the 2026 annual meeting of stockholders of the Company, effective November 2, 2023.”

Rajan Naik was appointed as Class III Director at Evolv Technologies Holdings, Inc..

“On November 2, 2023, the Board, upon the recommendation of the Board’s nominating and corporate governance committee, and pursuant to the Stockholder Agreement, appointed Rajan Naik, as Motorola’s designee to fill the vacancy created by Mr. Kedzierski’s resignation to serve as a Class III director of the Board for a term ending at the 2024 annual meeting of stockholders of the Company, effective November 2, 2023.”

Alan Cohen resigned as Class II Director at Evolv Technologies Holdings, Inc..

“On October 31, 2023, Alan Cohen notified the Board of his intention to step down as Chairman of the Board and as a Class II director of the Board, including as a member of the Board’s Nominating and Corporate Governance Committee and Technology Committee, effective November 2, 2023.”

John Kedzierski resigned as Director at Evolv Technologies Holdings, Inc..

“On October 31, 2023, John Kedzierski, previously designated to serve on the Board of Directors (the “Board”) of Evolv Technologies Holdings, Inc. (the “Company”), pursuant to that certain Stockholder Agreement (the “Stockholder Agreement”) between NewHold Investment Corp. and Motorola Solutions, Inc. (“Motorola”), notified the Board of his intention to step down from the Board, effective November 2, 2023.”

Evolv Technologies Holdings, Inc. reported that prior financial statements should not be relied upon.

“As a result of the errors, the Audit Committee determined that the Company's consolidated financial statements included in the 2023 Q2 10-Q should no longer be relied upon. Similarly, any previously furnished or filed reports, related earnings releases, investor presentations or similar communications of the Company describing those financial statements and other information covering those periods should no longer be relied upon. During the three months ended June 30, 2023, as part of its overall cash management strategy, the Company purchased zero coupon U.S. treasury bills with staggered maturities of between two months and six months. The Company classified all outstanding treasury bills as cash equivalents on its condensed consolidated balance sheet as of June 30, 2023. However, the treasury bills with maturities exceeding three months did not meet the definition of cash equivalents”

Evolv Technologies Holdings, Inc. reported the three months ended September 30, 2023 results: revenue Total revenues to range between $19.3 million to $19.8 million. Guidance raised.

“Results for the Third Quarter of 2023 Based on preliminary third quarter estimates which are subject to change, the Company currently expects: · Total revenues to range between $19.3 million to $19.8 million · Q3 ending ARR 1 to range between $65.5 million to $66.0 million · Q3 net additions to range between 620 to 625 · Gross margin to range between 56% to 57% ·”

Evolv Technologies Holdings, Inc. reported financial results for the six months ended June 30, 2023.

“On August 10, 2023, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the six months ended June 30, 2023.”

Evolv Technologies Holdings, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. at the 2023-05-30 meeting.

“Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”

Evolv Technologies Holdings, Inc. shareholders approved Election of four Class II directors to serve until the Company’s annual meeting of stockholders to be held in 2026 and until their respective successors have been duly elected and qualified. at the 2023-05-30 meeting.

“Item 1 - Election of four Class II directors to serve until the Company’s annual meeting of stockholders to be held in 2026 and until their respective successors have been duly elected and qualified.”

Evolv Technologies Holdings, Inc. reported financial results for the three months ended March 31, 2023.

“On May 10, 2023, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the three months ended March 31, 2023.”

Evolv Technologies Holdings, Inc. terminated 2022 SVB Credit Agreement with Silicon Valley Bank valued at $29.3 million (effective 2023-03-31).

“On March 31, 2023, prior to any acceleration of the obligations under the 2022 SVB Credit Agreement, the Company paid in full all of its outstanding obligations, including all principal, interest and prepayment fees due under the 2022 SVB Credit Agreement, and the 2022 SVB Credit Agreement was thereby terminated.”

Evolv Technologies Holdings, Inc. reported financial results for three and twelve months ended December 31, 2022.

“On March 1, 2023, Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the three and twelve months ended December 31, 2022.”

Evolv Technologies Holdings, Inc. incurred term loan of $30 million with Silicon Valley Bank at the greater of (a) the WSJ Prime Rate plus 1.0% or (b) 7.25% per annum maturing 36-month anniversary of the extension thereof.

“The SVB Credit Agreement provides for, on the Closing Date, an initial term loan advance in an original principal amount equal to $30 million, with the opportunity to obtain, within 18 months after the Closing Date, additional term loan advances, subject to satisfaction of certain conditions, in an aggregate principal amount equal to $20 million (subject to an increase of $25 million, upon satisfaction of certain conditions and approval from SVB), in each case, in order to finance hardware shipped to customer locations (collectively, the “ Term Loans ”). Each advance of Term Loans will mature on the 36-month anniversary of the extension thereof.”

Evolv Technologies Holdings, Inc. entered into SVB Credit Agreement with Silicon Valley Bank valued at $30 million initial term loan advance, with opportunity for up to $20 million additional term loans (effective 2022-12-21).

“On December 21, 2022 (the “ Closing Date ”), Evolv Technologies Holdings, Inc. (the “ Company ”) entered into a Loan and Security Agreement (the “ SVB Credit Agreement ”) by and among the Company, Evolv Technologies, Inc., a wholly-owned subsidiary of the Company, and Silicon Valley Bank, a California corporation (“ SVB ”), as the lender.”

Evolv Technologies Holdings, Inc. reported financial results for the three and nine months ended September 30, 2022.

“Evolv Technologies Holdings, Inc. (the “Company”) announced financial results for the three and nine months ended September 30, 2022.”

David Orfao resigned as Director at Evolv Technologies Holdings, Inc..

“On September 2, 2022, David Orfao, a Class I Director and member of the Compensation Committee of the Board of Directors (the “Board”) of Evolv Technologies Holdings, Inc. (the “Company”), notified the Company of his resignation from the Board and the Compensation Committee of the Board, effective September 2, 2022.”

Mark Donohue was appointed as Chief Financial Officer at Evolv Technologies Holdings, Inc..

“On May 19, 2022, the Company announced that Mark Donohue will succeed Mr. Ramos as the Company’s Chief Financial Officer, effective as of June 1, 2022.”

Mario Ramos resigned as Chief Financial Officer and Chief Risk Officer at Evolv Technologies Holdings, Inc..

“On May 13, 2022, Mario Ramos, Chief Financial Officer and Chief Risk Officer of Evolv Technologies Holdings, Inc. (the “Company”), notified the Company of his decision to resign from his position, effective May 31, 2022”

Peter Faubert was terminated as Senior Vice President of Strategic Finance at Evolv Technologies Holdings, Inc..

“On January 31, 2022, Evolv Technologies Holdings, Inc. (the “ Company ”) and Peter Faubert reached an agreement regarding Mr. Faubert’s termination from his position as the Company’s Senior Vice President of Strategic Finance (the “ Separation Agreement ”), effective on January 31, 2022 (the “ Termination Date ”).”

John Kedzierski was appointed as Class III Director at Evolv Technologies Holdings, Inc..

“On January 28, 2022, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, and pursuant to the Stockholder Agreement, appointed John Kedzierski, as a designee of Motorola, to serve as a Class III director of the Board for a term ending at the 2024 annual meeting of stockholders of the Company, effective January 28, 2022.”

Mahesh Saptharishi departed as Director at Evolv Technologies Holdings, Inc..

“On January 28, 2022, Mahesh Saptharishi, previously designated to serve on the Board of Directors (the “Board”) of Evolv Technologies Holdings, Inc. (the “Company”) pursuant to that certain Stockholder Agreement (the “Stockholder Agreement”) between NewHold Investment Corp. and Motorola Solutions, Inc. (“Motorola”), stepped down from the Board effective immediately and consistent with the terms of the Stockholder Agreement.”

Peter Faubert changed role as Senior Vice President of Strategic Finance at Evolv Technologies Holdings, Inc..

“Mr. Faubert will assume the role of Senior Vice President of Strategic Finance at the Company.”

Mario Ramos was appointed as Chief Financial Officer and Chief Risk Officer at Evolv Technologies Holdings, Inc..

“On November 1, 2021, Evolv Technologies Holdings, Inc. (the “Company”), announced that Mario Ramos will succeed Peter Faubert as the Company’s Chief Financial Officer and will also be appointed as the Company’s Chief Risk Officer, effective as of November 1, 2021.”