S-1/A Filing

EVOLV TECHNOLOGIES HOLDINGS, INC. CIK: 1805385

Filing Information

Form Type	S-1/A
Accession Number	`0001104659-21-112182`
Period End Date	20210630
Filing Date	20210902
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	nhic-20210827xs1a_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 28 Cash Flow Statement 40 Stockholders Equity 36 Comprehensive Income 25

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, outstanding	`TemporaryEquitySharesOutstanding`	14.08M	shares	Point-in-time
Convertible preferred stock, outstanding	`TemporaryEquitySharesOutstanding`	12.91M	shares	Point-in-time
Convertible preferred stock, outstanding	`TemporaryEquitySharesOutstanding`	196.22M	shares	Point-in-time
Common stock subject to possible redemption price per share (in Dollars per share)	`CommonStockSubjectToPossibleRedemptionPricePerShare`	$10.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.33M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$181.00K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$184.00K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$145.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Assets, Current, Total	`AssetsCurrent`	$1.51M	USD	Point-in-time
Assets, Current, Total	`AssetsCurrent`	$326.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and investments held in trust account	`AssetsHeldInTrustNoncurrent`	$172.61M	USD	Point-in-time
Cash and investments held in trust account	`AssetsHeldInTrustNoncurrent`	$172.58M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$174.09M	USD	Point-in-time
Total assets	`Assets`	$172.93M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$677.00K	USD	Point-in-time
Accrued income and franchise taxes	`AccruedIncomeTaxesCurrent`	$100.00K	USD	Point-in-time
Accrued income and franchise taxes	`AccruedIncomeTaxesCurrent`	$83.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$760.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.71M	USD	Point-in-time
Derivative liability recognized in the extinguishment accounting	`DerivativeLiabilities`	$21.52M	USD	Point-in-time
Deferred underwriting compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$6.04M	USD	Point-in-time
Deferred underwriting compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$6.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$38.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$28.32M	USD	Point-in-time
Convertible preferred stock; (Series A,A-1, B, and B-1), $0.001 par value; 207,390,039 shares authorized at June 30, 2021 and December 31, 2020; 204,703,793 shares issued and outstanding at June 30, 2021 and December 31, 2020; liquidation preference of $77,100 at June 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$129.07M	USD	Point-in-time
Convertible preferred stock; (Series A,A-1, B, and B-1), $0.001 par value; 207,390,039 shares authorized at June 30, 2021 and December 31, 2020; 204,703,793 shares issued and outstanding at June 30, 2021 and December 31, 2020; liquidation preference of $77,100 at June 30, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$140.77M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$16.91M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$28.62M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-11.91M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-23.62M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$25.00K	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$5.00M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$5.00M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	-	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$5.00M	USD	Point-in-time
Stockholders deficit	`StockholdersEquity`	$23.00K	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$172.93M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$174.09M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.00K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.13M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.03M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.13M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.03M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-2.00K	USD	2 Qtrs
Income on Trust Account	`IncomeOnTrustAccount`	$79.00K	USD	Annual
Cost of issuance of public and private warrants	`CostOfIssuanceOfPublicAndPrivateWarrants`	$390.00K	USD	Annual
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$3.60M	USD	2 Qtrs
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$10.57M	USD	Annual
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$959.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-10.88M	USD	Annual
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.63M	USD	1 Quarter
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.00K	USD	2 Qtrs
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.00K	USD	1 Quarter
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.91M	USD	Annual
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.71M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-11.91M	USD	Annual
Net loss	`ProfitLoss`	$-119.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-11.71M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-7.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$-121.00K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.00K	USD	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.91M	USD	Annual
Net loss	`NetIncomeLoss`	$-11.71M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-390.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-7.63M	USD	1 Quarter
Income earned on the Trust Account	`InterestIncomeEarnedOnTheTrustAccount`	$79.00K	USD	Annual
Cost of warrant issuance included in financing activities	`CostOfWarrantIssuanceIncludedInFinancingBelow`	$-390.00K	USD	Annual
Change in fair value of warrant liability	`ChangeInFairValueOfWarrantLiability`	$10.57M	USD	Annual
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpensesOther`	$184.00K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$677.00K	USD	Annual
Increase in accrued income and franchise taxes and rounding	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$83.00K	USD	Annual
Increase in accrued income and franchise taxes and rounding	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-454.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.15M	USD	2 Qtrs
Cash flows from investing activities: Cash deposited in Trust Account	`PaymentsToAcquireAssetsInvestingActivities`	$172.50M	USD	Annual
Aggregate gross proceeds	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	2 Qtrs
Aggregate gross proceeds	`ProceedsFromIssuanceOfCommonStock`	$30.00K	USD	Annual
Proceeds from Note payable to Sponsor	`ProceedsFromNotesPayable`	$47.00K	USD	Annual
Proceeds from Note payable to Sponsor	`ProceedsFromNotesPayable`	$25.00K	USD	2 Qtrs
Proceeds from sale of Public Offering Units	`ProceedsFromIssuanceInitialPublicOffering`	$172.50M	USD	Point-in-time
Proceeds from sale of Public Offering Units	`ProceedsFromIssuanceInitialPublicOffering`	$172.50M	USD	Annual
Proceeds from sale of Public Offering Units	`ProceedsFromIssuanceInitialPublicOffering`	$172.50M	USD	Point-in-time
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$5.70M	USD	Point-in-time
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$5.70M	USD	Annual
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$5.70M	USD	Point-in-time
Payment of underwriting discounts	`PaymentOfUnderwritingDiscounts`	$3.45M	USD	Annual
Payment of offering costs	`PaymentsOfFinancingCosts`	$498.00K	USD	Annual
Payment of offering costs	`PaymentsOfFinancingCosts`	$50.00K	USD	2 Qtrs
Payment of Note payable to Sponsor	`RepaymentsOfNotesPayable`	$47.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$174.28M	USD	Annual
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.33M	USD	Annual
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.33M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$181.00K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.33M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$181.00K	USD	Point-in-time
Deferred underwriting compensation	`DeferredUnderwritingCompensation`	$6.04M	USD	Annual
Class A common stock subject to possible redemption initial value	`CommonStockSubjectToPossibleRedemptions`	$152.37M	USD	Annual
Initial classification of warrant liability	`InitialClassificationOfWarrantLiabilities`	$10.95M	USD	Annual
Change in value of Class A common stock subject to redemption	`ChangeInValueOfCommonStockSubjectToRedemption`	$-11.59M	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Sponsor per share	`SponsorPerShare`	$0.01	USD	Annual
Sponsor per share	`SponsorPerShare`	$0.01	USD	2 Qtrs
Forfeiture shares (in Shares)	`ForfeitureShares`	920,000.00	shares	Annual
Anchor investor (in Shares)	`AnchorInvestorPurchases`	920,000.00	shares	Annual
Sale per unit	`SalePerUnit`	$10.00	USD	Annual
Sale of Private Placement (in Shares)	`SalePrivatePlacement`	5.70M	shares	Annual
Private Placement Warrants	`PrivatePlacementWarrant`	$1.00	USD	Annual
Fair value (in dollars)	`FairValueOfWarrants`	$0.77	USD	Annual
Balance at the beginning	`StockholdersEquity`	$25.00K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	-	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$23.00K	USD	Point-in-time
Sale of shares to Sponsor at $0.006 per share	`StockIssuedDuringPeriodValueSaleOfSharesToSponsor`	$25.00K	USD	2 Qtrs
Sale of shares to Sponsor at $0.006 per share	`StockIssuedDuringPeriodValueSaleOfSharesToSponsor`	$25.00K	USD	Annual
Forfeiture of 920,000 shares of Class B common stock (in Shares)	`StockIssuedDuringPeriodSharesShareBasedCompensationForfeited`	14.32M	shares	Annual
Issuance of 920,000 shares of Class B common stock to Anchor investor	`AnchorInvestorPurchasesSharesOfClassBCommonStock`	$5.00K	USD	Annual
Sale of Units to the public at $10.00 per Unit	`StockIssuedDuringPeriodValueOther`	$172.50M	USD	Annual
Underwriters discount and offering expenses	`StockIssuedDuringPeriodValueUnderwritersDiscountAndOfferingExpenses`	$-9.60M	USD	Annual
Sale of 5,700,000 Private Placement Warrants at $1.00 per warrant, at fair value, $0.77	`StockIssuedDuringPeriodValueSaleOfPrivatePlacementWarrantsAtPerWarrant`	$4.36M	USD	Annual
Issuance of warrants to purchase common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.34M	USD	Annual
Initial classification of warrant liability	`InitialClassificationOfWarrantLiability`	$-10.95M	USD	Annual
Class A common stock subject to possible redemption	`ChangeInClassACommonStockSubjectToPossibleRedemption`	$140.77M	USD	Annual
Net loss	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.91M	USD	Annual
Net loss	`NetIncomeLoss`	$-11.71M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-390.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-7.63M	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$25.00K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	-	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$23.00K	USD	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.13M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.03M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.13M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.03M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-2.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-10.88M	USD	Annual
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-2.00K	USD	1 Quarter
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-2.00K	USD	2 Qtrs
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-11.91M	USD	Annual
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-11.71M	USD	2 Qtrs
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-390.00K	USD	3 Qtrs
Net loss and comprehensive loss attributable to common stockholders - basic and diluted	`NetIncomeLoss`	$-7.63M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.