NewHold Investment Corp.
Completed 2021-07-16- CIK 1805385
- NHIC
- Now EVLV
- IPO 2020-08-03
- $173M trust
- 549 filings
Successfully merged with Evolv Technologies, Inc. dba Evolv Technology, Inc. • Now trading as EVLV
- IPO Size
- $173M
- raised at the IPO
- Trust
- $173M
- as of 2021-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
549 filings over 28 quarters; violet bars carry a milestone
- 20 Q1: 1 filing
- 20 Q2: 1 filing
- 20 Q3: 30 filings
- 20 Q4: 1 filing
- 21 Q1: 28 filings
- 21 Q2: 32 filings
- 21 Q3: 52 filings
- 21 Q4: 12 filings
- 22 Q1: 26 filings
- 22 Q2: 24 filings
- 22 Q3: 27 filings
- 22 Q4: 14 filings
- 23 Q1: 31 filings
- 23 Q2: 26 filings
- 23 Q3: 18 filings
- 23 Q4: 26 filings
- 24 Q1: 30 filings
- 24 Q2: 20 filings
- 24 Q3: 6 filings
- 24 Q4: 17 filings
- 25 Q1: 13 filings
- 25 Q2: 28 filings
- 25 Q3: 13 filings
- 25 Q4: 14 filings
- 26 Q1: 19 filings
- 26 Q2: 25 filings
- 26 Q3: 13 filings
- 26 Q4: 2 filings
- S-1 filed 20 Q1
- IPO 20 Q3
- Definitive agreement 21 Q1
- Completed 21 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
NewHold Investment Corp. is a blank-check company seeking an initial business combination, with an emphasis on industrial technology businesses and Industry 4.0 themes. It expects to seek businesses with aggregate enterprise value of $700 million or greater.
Investment Focus
Industrial, Technology, Artificial Intelligence, Data & Analytics, Software
Key Information
As the filings state it
- IPO Date
- 2020-08-03
- Total Redemptions
- $87.6M
- PIPE
- $300M
- SIC
- 6770
- Completion Date
- 2021-07-16
- Merger Target
- Evolv Technologies, Inc. dba Evolv Technology, Inc.
- SPAC Ticker
- NHIC
- Merged Ticker
- EVLV
Stock Performance
EVLVTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2020-09-22 | $9.90 | |
| At Merger | 2021-07-19 | $10.40 | +5% |
| 6 Months Post-Merger | 2022-01-18 | $3.63 | -65% |
| 1 Year Post-Merger | 2022-07-18 | $2.40 | -77% |
| 2 Years Post-Merger | 2023-07-17 | $6.73 | -35% |
| Current Price | 2026-10-16 | $4.16 | -58% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team reports more than 60 years of combined private equity experience and prior successful SPAC business-combination experience. Its principals bring investment, public-market, operating, and transaction execution backgrounds.