NewHold Investment Corp. (NHIC) to Combine with Evolv in $1.325Bn Deal

NewHold Investment Corp. (NASDAQ:NHIC) has entered into a definitive agreement to combine with AI touchless security screening company Evolv Technology (“Evolv”), at an enterprise value of $1.325 billion, or its 3.9x 2024E revenue. Evolv’s touchless screening system allows for visitors to pass through screening without breaking stride and continuing the pace of life. The Evolv
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