EVLV - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Evolv Technologies Holdings Inc. (EVLV) | Benzinga

LOS ANGELES, April 16, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming May 24, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. ("Evolv" or the "Company") (NASDAQ:EVLV) securities between June 28, 2021 and March 13, 2024, inclusive (the "Class Period").

If you suffered a loss on your Evolv investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Evolv-Technologies-Holdings-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On November 2, 2022, IPVM published a report detailing Evolv's "deceptive marketing and colluding with NCS4, a public entity, to hide test results showing failures at weapons screening." That same day, BBC published an article alleging that, despite Evolv's claims that its AI scanners can detect all weapons, "they may fail to detect certain types of knives, as well as some bombs and components." Further, the article reported that a previous National Center for Spectator Sports Safety and Security ("NCS4") report had been manipulated by Evolv employees, including deleting a reference to the system being incapable of detecting every knife. On this news, Evolv's stock price fell $0.08, or 2.7%, to close at $2.85 per share on November 2, 2022, ...

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