Benzinga | Jul 15, 2021 04:10PM EDT

NewHold Investment Corp. Announces The Shareholders Have Approved The Previously Announced Business Combination with Evolv Technology

NewHold Investment Corp. (NASDAQ:NHIC, &ldquo, NewHold&rdquo, ))), a publicly traded special purpose acquisition company, announced that its shareholders have approved all proposals related to the previously announced business combination (the "Business Combination") with Evolv Technologies, Inc. ("Evolv Technology" or "Evolv") at its Extraordinary General Meeting held today, Thursday, July 15, 2021.

Approximately 89% of the votes cast at the meeting on the Business Combination proposal, representing approximately 69% of NewHold's outstanding shares, voted to approve the combination with Evolv. NewHold shareholders also voted overwhelmingly to approve the other proposals at the Special Meeting.

The formal results of the vote will be included on a Form 8-K to be filed with the U.S. Securities and Exchange Commission.

The closing of the Business Combination is anticipated to occur on or about Friday July 16, 2021. Following the closing, the combined company will operate as Evolv Technologies Holdings, Inc., and its shares of common stock and warrants are expected to trade on the Nasdaq Stock Market LLC under the symbols "EVLV" and "EVLVW," respectively beginning on or about Monday, July 19, 2021.