Company: EVLVW
Filing Date: 2025-03-31
Form Type: NT 10-K
Source: 0001104659-25-029637
Chunk: 1

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-03-31
Form: NT 10-K
Chunk 1
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 or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and |
|   | -c | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.                                                                                                                                                                                                                                                                                                                                                                 |

<div align='center'>PART III

NARRATIVE</div>

State below in reasonable detail why Forms 10-K,
20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Evolv Technologies Holdings, Inc. (the “Company”)
has determined that it is unable to file its Annual Report on Form 10-K for the period ended December 31, 2024 (the “Annual Report”)
within the prescribed time period without unreasonable effort or expense for the reasons described below.

As previously announced in the Company’s
Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 25, 2024, the Company’s
Board of Directors (the “Board”) determined on October 24, 2024 that the Company’s previously issued consolidated financial
statements and other financial data for the fiscal years ended December 31, 2022 and December 31, 2023 contained in its Annual Report
on Form 10-K, and its condensed consolidated financial statements for the quarters and year-to-date periods ended June 30, 2022, September
30, 2022, March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024 and June 30, 2024 contained in its Quarterly Reports on Form
10-Q (collectively, the “Non-Reliance Periods”), should no longer be relied upon because of misstatements related to accounting
for certain sales transactions. This determination was based on the findings of an ad hoc committee of independent directors of the Board
(the “Committee”), which conducted an investigation of the Company’s sales practices, including whether certain sales
of products and subscriptions to channel partners and end users were subject to extra-contractual terms and conditions that impacted revenue