Evolv Technology Provides Regulatory Update
20 2월 2024 - 6:01AM
Business Wire
Evolv Technology (NASDAQ: EVLV), the leading security technology
company pioneering AI-based weapons detection to create safer
experiences, today provided an update on a request received from
the U.S. Securities and Exchange Commission (SEC). Specifically, on
Friday, February 16, 2024 the SEC notified the Company it was
initiating an investigation that was described as a confidential
“non-public, fact finding inquiry.” The Company notes the SEC’s
explicit guidance that the investigation “should neither be
construed as an indication by the Commission or its staff that any
violation of law has occurred, nor as a reflection upon any person,
entity, or security.” The Company is eager to cooperate with the
SEC as it is with any regulatory body.
The Company was contacted by a representative of the media
within hours of receiving the SEC’s confidential notice seeking
comment on an SEC matter. In the interest of transparency, the
Company has decided to disclose the matter publicly considering
attempts by certain media outlets to discredit the Company and
manipulate the customer markets the Company serves.
Evolv stands behind its technology and is proud to partner with
hundreds of security professionals to add a layer of advanced
technology to their safety plan. The Company’s technology is
deployed at over 650 customers across many markets including
education, healthcare, professional sports, industrial workplaces,
houses of worship and tourist attractions. Prior to purchasing
Evolv products, key customer decision makers – many whom often have
years of security and technology expertise – typically conduct
their own extensive testing in their actual operating environment.
Based on these successful testing and validation outcomes, Evolv
Express has now been used to screen over 1 billion visitors and is
used to identify hundreds of firearms every day across the
Company’s rapidly growing customer base. The Company’s team
includes security professionals who have served in leadership
positions in the Central Intelligence Agency, Department of
Homeland Security, Federal Bureau of Investigation, Department of
Defense, New York Police Department, Office of National
Intelligence, Transportation Security Administration, and United
States Secret Service.
About Evolv 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, using industry leading artificial intelligence
(AI)-powered weapons detection and analytics. Its mission is to
transform security to create a safer world to work, learn, and
play. Evolv has digitally transformed the gateways in places where
people gather by enabling seamless integration combined with
powerful analytics and insights. Evolv’s advanced systems have
scanned more than 1 billion people, second only to the Department
of Homeland Security’s Transportation Security Administration (TSA)
in the United States. Evolv has been awarded the U.S. Department of
Homeland Security (DHS) SAFETY Act Designation as a Qualified
Anti-Terrorism Technology (QATT) as well as the Security Industry
Association (SIA) New Products and Solutions (NPS) Award in the Law
Enforcement/Public Safety/Guarding Systems category. Evolv
Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and
Evolv Visual Gun Detection™ are registered trademarks of Evolv
Technologies, Inc. in the United States and other jurisdictions.
For more information, visit https://evolvtechnology.com.
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements contained in this press release, other than statements
of historical fact, including, without limitation, statements
regarding our expectations related to the SEC investigation and any
impact on our business, financial condition, results of operations,
or liquidity, are forward-looking statements. The words “may,”
“will,” “should,” “expects,” “plans,” “anticipates,” “could,”
“intends,” “targets,” “projects,” “contemplates,” “believes,”
“estimates,” “forecasts,” “predicts,” “potential” or “continue” or
the negative of these terms or other similar expressions are
intended to identify forward-looking statements though not all
forward-looking statement use these word or expressions.
The forward-looking statements in this press release are only
predictions. We have based these forward-looking statements largely
on our current expectations and projections about future events and
financial trends that we believe may affect our business, financial
condition and results of operations. Forward-looking statements
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including, without limitation the
important factors discussed in our Annual Report on Form 10-K for
the year ended December 31, 2022, as any such factors may be
updated from time to time in our other filings with the Securities
and Exchange Commission, including our Quarterly Reports on Form
10-Q. The forward-looking statements in this press release are
based upon information available to us as of the date of this press
release, and while we believe such information forms a reasonable
basis for such statements, it may be limited or incomplete, and our
statements should not be read to indicate that we have conducted an
exhaustive inquiry into, or review of, all potentially available
relevant information. These statements are inherently uncertain and
investors are cautioned not to unduly rely upon these
statements.
You should read this press release with the understanding that
our actual future results, levels of activity, performance and
achievements may be materially different from what we expect. We
qualify all of our forward-looking statements by these cautionary
statements. These forward-looking statements speak only as of the
date of this press release. Except as required by applicable law,
we do not plan to publicly update or revise any forward-looking
statements contained in this press release, whether as a result of
any new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240219135016/en/
Investor Relations: Brian Norris Senior Vice President of
Finance and Investor Relations bnorris@evolvtechnology.com
Evolv Technologies (NASDAQ:EVLV)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Evolv Technologies (NASDAQ:EVLV)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024