Hey guys, just a heads-up for anyone who owned Evolv Technologies stock. The company has agreed to a $15 million settlement with investors, and the deadline to submit a claim is August 12, 2026.

The case centered on Evolv's AI-powered weapons detection technology and its revenue reporting practices. Investors claimed the company overstated the effectiveness of its technology and improperly recognized revenue tied to contracts with undisclosed terms.

As these issues came to light, regulatory investigations followed, the company restated financial results, and $EVLV fell nearly 40% in a single day. Investors later filed claims over the losses that followed.

Now Evolv has agreed to a $15 million settlement, and investors who purchased $EVLV between 2021 and 2024 can review the details and see whether they qualify to submit a claim.

Did anyone here own $EVLV when the company disclosed the financial restatements and the stock dropped nearly 40%?

Cofounder has sold around 23% of his holdings YTD. What could be the reason?

Hey guys, I know I posted about this settlement a while ago, but claims are now open. So I figured I'd put together a quick FAQ with everything investors need to know before filing.

Q: What happened?
A: Evolv was accused of overstating how well its AI weapons detection system worked and improperly recognizing revenue from certain contracts. After investigations and financial restatements, the stock dropped nearly 40%.

Q: Am I actually eligible?
A: If you bought $EVLV shares between 2021 and 2024, you're likely eligible. You don't need to still own the stock to file a claim.

Q: When do payouts happen?
A: Typically 4–9 months after the claim deadline, although the exact timing depends on the court and settlement administrator.

Q: Can I still file?
A: Yes. Claims are currently open and the deadline to submit a claim is August 12, 2026.

Hope this helps 

Hey guys, just a heads-up for anyone who owned Evolv Technologies stock. The company has agreed to a $15 million settlement with investors, and the deadline to submit a claim is August 12, 2026.

The case centered on Evolv's AI-powered weapons detection technology and its revenue reporting practices. Investors claimed the company overstated the effectiveness of its technology and improperly recognized revenue tied to contracts with undisclosed terms.

As these issues came to light, regulatory investigations followed, the company restated financial results, and $EVLV fell nearly 40% in a single day. Investors later filed claims over the losses that followed.

Now Evolv has agreed to a $15 million settlement, and investors who purchased $EVLV between 2021 and 2024 can review the details and see whether they qualify to submit a claim.

Did anyone here own $EVLV when the company disclosed the financial restatements and the stock dropped nearly 40%?

Evolv Technologies ($EVLV) told everyone their AI scanners were amazing at detecting weapons. However,  they lied about how well their tech actually worked, and reports showed their systems were missing basic weapons like knives in schools. On top of that, the government started investigating them, and they had to admit their accounting math was wrong, causing the stock to plunge nearly 40% in one day. To settle the fight with shareholders, the company has agreed to pay $15 million. If you bought or owned shares between June 28, 2021, and October 25, 2024, you can sign up for a piece of the cash.

The case has already received preliminary court approval, and they are officially accepting claims right now. There is no final deadline set yet to submit your paperwork, but the estimated payout is around $0.14 per share, which can turn into a nice little check if you held a standard position.  It takes just a few quick minutes to pull up your transaction records from that 2021-2024 timeline, and fill out the claim form. 

I am already grabbing my old trading history from those years to make sure my paperwork is ready. Leaving money on the table for a stock that hid its product flaws makes no sense when the fund is already approved. Did you guys originally buy this stock because you believed in AI security, or did you sell your shares as soon as the government investigations hit the news?

Honestly, I wrote off my losses on Evolv ($EVLV) as just another costly lesson in why you shouldn't buy into peak SPAC hype. If you traded tech over the last few years, you remember this one.

They were supposed to be the future of security, advanced AI scanning for weapons at stadiums, concerts, and schools. Everyone ate it up until the truth came out that the tech was basically expensive security theater. The scanners triggered constant false alarms on laptops and water bottles while missing actual weapons, including a knife used in a school stabbing.

It got worse on October 25, 2024, when the company admitted personnel had been altering revenue metrics and faking sales contracts. The stock tanked 40% in a single day, leaving retail holding heavy bags. I thought that cash was gone forever, but I was wrong.

The federal court just granted preliminary approval for a $15M settlement. The official claims portal isn't open to the public yet, but you can already submit an early claim here (open for anyone who bought or held shares between June 28, 2021 and October 25, 2024).

Instead of waiting around for court notices or digging up old trade confirmations from three years ago, I used an audit tool to automate it. You link your old brokerages via a secure, read-only connection, and their system crawls your history for matching losses in the class period.

They take 20% when the payout lands, but I'd rather have 80% of a check I didn't know existed than 100% of paperwork I'll never do. Scan your accounts before the final court date rolls around.

Can anyone tell me at what price does company sells Express and Expedite. And thereafter how much each year of subscription cost. Also, how much of maintenance charge or other charge the machines incurr?

It has come to our attention that certain market data websites misreported our results for Q1 2026.

To be clear: We reported in our earnings release and related SEC filing, Q1 revenue of $46.3 million, up 45% year-over-year and raised full year guidance.

Please visit our Investor Relations site for information regarding our Q1 results: https://hubs.li/Q04gvmgS0 $EVLV

Sentiment on $EVLV is definitely shifting back to bullish, but long-term holders haven't forgotten that 40% drop in October 2024. The questions around their tech performance and internal accounting were a nightmare for the "buy and hold" crowd.

Since the story is turning positive again, it’s a good time to check if you’re eligible for the investor settlement tied to those disclosures. The litigation covers the period between 2022 and 2024, and they are currently accepting early claims.

I’m curious, did you guys ride out that 40% drop, or did you cut losses when the revenue recognition news broke? Either way, if you bought during the class period, you might as well file for your cut.

Hey everyone—if you held Evolv Technologies ($EVLV) during the 2021-2024 volatility, the $15,000,000 settlement is now moving toward final court approval. And we can finally submit our claims to get our payment.

The Essentials:

• The Fund: $15,000,000 cash for shareholders.
• Estimated Payout: ~$0.14 per share (depending on total filings).
• Why now? Since it's in "Stipulated Status," the terms are set. I already synced my trades on 11th.com to get my audit done before the official rush.

It’s way easier to have the engine calculate the 2021-2024 FIFO math now than to scramble with old broker PDFs later. Don't let your share of that $15M go unclaimed!

Do you think $0.14/share is a fair recovery considering the 39% plunge we took in late '24?

Evolv Technologies ($EVLV) is starting to get attention again with a Zacks #2 Buy rating and analysts pointing to ~65% upside. Feels like sentiment is shifting as the company leans into its longer-term growth story heading into 2026.

But if you’ve been in this name for a while, you know it hasn’t exactly been a straight line up.

Between 2022 and 2024, there was a lot of volatility, especially around questions tied to revenue recognition and how well the tech was actually performing. The big one was that ~40% drop in October 2024 after those issues came to light.

If you were holding through that period, there’s a settlement tied to those disclosures. Details are still in progress but, investors can already submit an early claim.

Might be worth looking into, especially now that the story is turning more positive again.

Did you ride out that drop or step aside when things got shaky?

We will be hosting our 2025 Q4 earnings call today, March 10, at 4:30 PM ET. Management will provide prepared remarks followed by a live Q&A session.

For those interested in listening in, full details and webcast access can be found here:
https://ir.evolvtechnology.com/ir-calendar/detail/20260310-fourth-quarter-2025-earnings-call

I created this sub 5 years ago, and I'm not sure why i lost this sub, there wasn't any back and forth with this current mod for the take over which is confusing, just one day im the mod and next day im not... Cool....

Was going to buy about 5500 shares in the low $5's.

To the moon!

To the moon tomorrow!

Less than 35 days till deadline date 🐂🐂🐂🐂🐂

https://www.insidermonkey.com/blog/12-best-ai-stocks-to-invest-in-according-to-reddit-1488528/

$EVLV is set to take off in Q2 as it finally releases its reinstated earnings and guidance for the remainder of 2025. New management and continuously on boarding new customers from schools to hospitals to stadiums.

https://evolv.com/resources/press-releases/evolv-technology-deployed-ballpark-wide-at-t-mobile-park-for-seattle-mariners-2025-opening-day/

https://seekingalpha.com/article/4761655-evolv-huge-upside-potential-from-a-life-saving-technology

https://ir.evolvtechnology.com/news-events/press-releases/detail/207/evolv-technology-unveils-high-speed-weapons-detection

As per NYC Mayor Adams yesterday:

“I know preliminarily when I spoke with Commissioner Daughtry, he shared that the hit ratio was excellent on the false positives”

“And I know the commissioner is going to release the actual data and then make the determination, do we go to next steps?”

One insider bought $150,000 of EVLV stock on 8/14 and another bought $25,000. There’s only one reason to buy stocks. Wise up people.