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Evolv Technologies Holdings Inc EVLV

Evolv Technologies Holdings, Inc. is a security technology company. The Company is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its touchless security screening solutions use AI software, software-as-a-service (SaaS) cloud services, and advanced sensors to reliably detect weapons that could be a threat to a crowd of visitors while significantly reducing nuisance alarms from harmless personal items. Its flagship product is Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows. Evolv Express supports a maximum screening throughput of approximately 4,000 people per hour. It sells its solutions under two primary sales models. Evolv Technology, Evolv Express, Evolv Insights, Evolv Cortex AI, and Evolv Visual Gun Detection are its registered trademarks.


NDAQ:EVLV - Post by User

Post by BocianWaffleson Oct 12, 2023 9:18am
213 Views
Post# 35680264

FTC Investigation?

FTC Investigation?
Item 7.01 Regulation FD Disclosure.

 

On October 12, 2023, the Company announced that the U.S. Federal Trade Commission had requested information about certain aspects of its marketing practices and we are pleased to answer their questions, as well as educate them about our mission to make communities safer and more secure. Like many companies, when Evolv receives inquiries from regulators, our approach is to be cooperative and educate them about our company. The Company stands behind its technology’s capabilities and performance track record, and is proud to partner with hundreds of security professionals to add a layer of advanced technology to their safety plan.

 

The information contained under Item 7.01 of this Current Report on Form 8-K, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as may be expressly set forth by specific reference in such filing.

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