EVOLV ALERT: Bragar Eagel & Squire, P.C. is Investigating Evolv Technologies Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Evolv Technologies Holdings, Inc. due to a class action complaint related to alleged breaches of fiduciary duties by the company's board of directors [1][2]. Summary by Sections Company Overview - Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) is facing legal scrutiny following a class action complaint filed on November 1, 2024, concerning its financial disclosures from August 19, 2022, to October 30, 2024 [1]. Financial Misstatements - The complaint alleges that Evolv's financial statements from Q2 2022 to Q2 2024 contain material misstatements affecting revenue recognition and other metrics. The company disclosed that certain sales were subject to undisclosed terms and that misconduct occurred among its personnel [2]. Stock Price Impact - Following the announcement of these issues on October 25, 2024, Evolv's stock price plummeted approximately 40%, dropping from $4.10 per share to $2.47 per share [2]. Next Steps for Investors - Long-term stockholders of Evolv are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims related to the company's financial issues [3]. Law Firm Background - Bragar Eagel & Squire, P.C. is a recognized law firm specializing in representing investors in complex litigation across various courts in the United States [4].