Amendment: SEC Form SCHEDULE 13D/A filed by Evolv Technologies Holdings Inc.

The address of the principal place of business for each of the Reporting Persons is c/o DCVC Management Co, LLC, 270 University Avenue, Palo Alto, CA 94301.

The principal occupation of each of the Reporting Persons is the venture capital investment business. The principal business of DC IV is to make investments in private and public companies. The principal business of DC IV GP is to serve as the general partner of DC IV. Ocko and Bogue are the managing members of each of DC IV GP.

During the last five years, none of the Reporting Persons has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).

During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

DC IV is a Delaware limited partnership. DC IV GP is a Delaware limited liability company. Ocko and Bogue are U.S. citizens.

On November 14, 2016, DC IV purchased 14,326,647 shares of Evolv Technologies, Inc., a Delaware corporation ("Old Evolv"), Series A-1 preferred stock for a purchase price of approximately $0.28 per share and an aggregate purchase price of $3,999,999.84. On July 10, 2018, DC IV purchased 7,118,451 shares of Old Evolv Series B preferred stock for a purchase price of approximately $0.35 per share and an aggregate purchase price of $2,499,999.99. On June 3, 2019, DC IV purchased 1,809,373 shares of Old Evolv Series B-1 preferred stock for a purchase price of approximately $0.31 per share and an aggregate purchase price of $561,810.62. On September 13, 2019, DC IV purchased 587,270 shares of Old Evolv Series B-1 preferred stock for a purchase price of approximately $0.31 per share and an aggregate purchase price of $182,347.59. On October 16, 2019, DC IV purchased 2,920,238 shares of Old Evolv Series B-1 preferred stock for a purchase price of approximately $0.37 per share and an aggregate purchase price of $1,066,762.95. On January 1, 2021, Old Evolv issued a convertible promissory note to DC IV in the principal amount of $3,000,000.00. The "Business Combination" consisted of the merger of NHIC Sub Inc., a Delaware corporation and a direct wholly owned subsidiary of NHIC ("Merger Sub"), with and into Old Evolv, with Old Evolv surviving the merger as a wholly owned subsidiary of HEC pursuant to the terms of the Agreement and Plan of Merger, dated as of March 5, 2021, as amended on June 5, 2021 (the "Merger Agreement"), by and among NHIC, Old Evolv and Merger Sub. The above summary is qualified by reference to such description and the full text of the Merger Agreement, which is filed as Exhibits 2 and 3 to this Statement and is incorporated herein by reference. On July 16, 2021 (the "Closing Date"), as a result of and upon the consummation of the Business Combination, each share of each series of Old Evolv's preferred stock was cancelled or assumed, as applicable and converted into the right to receive, at the election of the holders thereof, a number of shares of the Issuer's Common Stock, as adjusted pursuant to the Merger Agreement. The share numbers and prices reported above are reflected on a pre-conversion basis. On August 16, 2023, DC IV sold 19,423 shares of Common Stock at a weighted average price of approximately $7.57 per share, or $147,079.07 in the aggregate, in open market sales. The shares were sold at prices ranging from $7.50 to $7.715. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 21, 2023, DC IV sold 73,737 shares of Common Stock at a weighted average price of approximately $6.58 per share, or $485,413.81 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.51 to $6.705. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 22, 2023, DC IV sold 152,303 shares of Common Stock at a weighted average price of approximately $6.54 per share, or $996,345.86 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.50 to $6.655. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 23, 2023, DC IV sold 130,948 shares of Common Stock at a weighted average price of approximately $6.50 per share, or $851,357.81 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.50 to $6.55. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 24, 2023, DC IV sold 70,253 shares of Common Stock at a weighted average price of approximately $6.56 per share, or $460,754.97 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.50 to $6.60. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 29, 2023, DC IV sold 143,143 shares of Common Stock at a weighted average price of approximately $6.56 per share, or $939,105.50 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.50 to $6.6714. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 30, 2023, DC IV sold 10,193 shares of Common Stock at a weighted average price of approximately $6.50 per share, or $66,254.55 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.50 to $6.505. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 31, 2023, DC IV sold 200,000 shares of Common Stock at a weighted average price of approximately $6.77 per share, or $1,353,651.65 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.59 to $6.8772. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On September 1, 2023, DC IV sold 120,000 shares of Common Stock at a weighted average price of approximately $6.96 per share, or $834,753.34 in the aggregate, in open market sales. The shares were sold at prices ranging from $6.87 to $7.0136. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 11, 2025, DC IV sold 130,523 shares of Common Stock at a weighted average price of approximately $7.31 per share, or $954,616.57 in the aggregate, in open market sales. The shares were sold at prices ranging from $7.30 to $7.38. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 12, 2025, DC IV sold 171,198 shares of Common Stock at a weighted average price of approximately $7.42 per share, or $1,269,491.72 in the aggregate, in open market sales. The shares were sold at prices ranging from $7.30 to $7.515. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 13, 2025, DC IV sold 379,560 shares of Common Stock at a weighted average price of approximately $7.41 per share, or $2,813,163.98 in the aggregate, in open market sales. The shares were sold at prices ranging from $7.265 to $7.5252. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 15, 2025, DC IV sold 98,242 shares of Common Stock at a weighted average price of approximately $8.18 per share, or $804,012.53 in the aggregate, in open market sales. The shares were sold at prices ranging from $8.005 to $8.535. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. On August 18, 2025, DC IV sold 805,423 shares of Common Stock at a weighted average price of approximately $8.09 per share, or $6,516,113.70 in the aggregate, in open market sales. The shares were sold at prices ranging from $8.000 to $8.255. DC IV undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the previous sentence. The source of the funds for all purchases and acquisitions by DC IV was from working capital. No part of the purchase price was borrowed by DC IV for the purpose of acquiring any securities discussed in this Item 3.

Pursuant to the terms of the Merger Agreement, DC IV's (i) 14,326,647 shares of Old Evolv's Series A-1 Preferred Stock, (ii) 7,118,451 shares of Old Evolv's Series B Preferred Stock, (iii) 5,316,881 shares of Old Evolv's Series B-1 Preferred Stock and (iv) a convertible promissory note in the principal amount of $3,000,000.00 converted into 10,601,281 shares, in the aggregate, of the Issuer's Common Stock. Subject to the Registration Rights Agreement (as defined in Item 6 below), the Reporting Persons hold the securities of the Issuer for general investment purposes. The Reporting Persons may, from time to time, depending on prevailing market, economic and other conditions, acquire additional shares of Common Stock or other securities of the Issuer, dispose of any such securities, or engage in discussions with the Issuer concerning such acquisitions or dispositions or further investments in the Issuer. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and, depending upon the price and availability of shares of Common Stock or other securities of the Issuer, subsequent developments affecting the Issuer, the Issuer's business and prospects, other investment and business opportunities available to the Reporting Persons, general stock market and economic conditions, tax considerations and other factors considered relevant, may decide at any time to increase or to decrease the size of their investment in the Issuer in the open market, in privately negotiated transactions. Except as set forth above, the Reporting Persons have no present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

See Items 7-11 and Item 13 of the cover pages of this Statement and Item 2 above.

See Items 7-11 and Item 13 of the cover pages of this Statement and Item 2 above.

Except as set forth in Item 3 above, the Reporting Persons have not effected any transaction in the securities of the Issuer during the past 60 days.

Under certain circumstances set forth in the limited partnership agreement of DC IV and the limited liability company agreement of DC IV GP, the partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from the sale of, shares of the Issuer directly or indirectly owned by each such entity of which they are a partner or member.

The Reporting Persons ceased to be beneficial owners of more than five percent of the Issuer's securities as of August 14, 2025.

On July 16, 2021, in connection with the consummation of the Business Combination and as contemplated by the Merger Agreement, the Issuer, NewHold Industrial Technology Holdings LLC, a Delaware limited liability company (the "Sponsor"), certain stockholders of NHIC and certain former stockholders of Old Evolv, including DC IV (the "Old Evolv Holders"), entered into the Amended and Restated Registration Rights Agreement (the "Registration Rights Agreement") pursuant to which the Issuer agreed to register for resale, pursuant to Rule 415 under the Securities Act, certain shares of the Issuer's common stock and other equity securities. that are held by the parties thereto from time to time. The Registration Rights Agreement provides for, among other things, registration rights, including, among other things, customary demand, shelf and piggy-back rights, subject to certain restrictions, and customary cut-back provisions with respect to the shares of the Issuer's common stock or warrants to purchase shares of the Issuer's common stock held by the Old Evolv Holders following the Closing. In connection with the execution of the Registration Rights Agreement, certain stockholders of Old Evolv, including DC IV, agreed to be bound by the transfers restrictions on its lock-up shares during the period of 180 days after the Closing Date, in each case, subject to limited exceptions. The terms and provisions of the Registration Rights Agreement are described more fully in the Issuer's Form 8-K as filed with the SEC on July 22, 2021 (File No. 001-39417), and the above summary is qualified by reference to such description and the full text of the Registration Rights Agreement, which is filed as Exhibit 4 to this Statement and is incorporated herein by reference.

EXHIBIT 1 Agreement of Joint Filing. EXHIBIT 2 Agreement and Plan of Merger, dated as of March 5, 2021, by and among NHIC, the Merger Sub and Old Evolv (filed as Exhibit 2.1 to the Issuer's Form 8-K as filed with the SEC on July 22, 2021 (File No. 001-39417) and incorporated herein by reference). EXHIBIT 3 First Amendment to Agreement and Plan of Merger, dated as of June 5, 2021, by and among NHIC, the Merger Sub and Old Evolv (filed as Exhibit 2.2 to the Issuer's Form 8-K as filed with the SEC on July 22, 2021 (File No. 001-39417) and incorporated herein by reference). EXHIBIT 4 Amended and Restated Registration Rights Agreement, dated July 16, 2021, by and among the Issuer, the Sponsor and the Old Evolv Holders (filed as Exhibit 10.2 to the Issuer's Form 8-K as filed with the SEC on July 22, 2021 (File No. 001-39417) and incorporated herein by reference).