What Is Evolv? 'Human Security' Firm Backed by Bill Gates to Go Public in SPAC Merger
What Is Evolv? 'Human Security' Firm Backed by Bill Gates to Go Public in SPAC Merger On 3/8/21 at 5:31 AM EST Evolv Technology, a venue and crowd security company backed by Bill Gates, is taking steps to go public in the second quarter of 2021. The Massachusetts-based company has said it is combining with NewHold Investment Corp. in a deal that will give it a valuation of about $1.7 billion. Evolv said it expects to trade on the Nasdaq under the ticker "EVLV," The Wall Street Journal reported. Evolv uses sensors and artificial intelligence (AI) to scan visitors to venues, pitched as an alte...
Source: newsweek.com