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Nasdaq Halts Evolv Technologies Holdings, Inc. – Unit

The Nasdaq Stock Market (Nasdaq: NDAQ) announced a trading halt for Evolv Technologies Holdings, Inc. - Unit (Nasdaq: EVLVU) on August 25, 2021, at 4:02:41 a.m. Eastern Time.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

The Nasdaq Stock Market (Nasdaq: NDAQ) announced a trading halt for Evolv Technologies Holdings, Inc. - Unit (Nasdaq: EVLVU) on August 25, 2021, at 4:02:41 a.m. Eastern Time. This action was taken due to 'additional information requested' from the company, with the last sale price recorded at $9.83. The trading of Evolv Technologies will remain suspended until the company meets Nasdaq's requirements for the requested information.

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Positive

  • None.

Negative

  • Trading in Evolv Technologies Holdings is halted, indicating potential concerns or issues needing resolution.
  • The request for additional information may reflect uncertainties about the company's operations or compliance.
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+0.40% session move Open Argus
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News Market Reaction – NDAQ

The recorded move for NDAQ in the trading session of this news was +0.40%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 25, 2021 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted today in Evolv Technologies Holdings, Inc. - Unit (Nasdaq: EVLVU) at 4:02:41 a.m. Eastern Time for "additional information requested" from the company at a last sale price of $9.83.

Trading will remain halted until Evolv Technologies Holdings, Inc. – Unit has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

NDAQO

Nasdaq Media Contact:
Bianca Fata
Bianca.Fata@nasdaq.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why was trading halted for Evolv Technologies (Nasdaq: EVLVU)?

Trading for Evolv Technologies Holdings was halted for 'additional information requested' by Nasdaq.

What time was the trading halt for Evolv Technologies on August 25, 2021?

The trading halt occurred at 4:02:41 a.m. Eastern Time.

What was the last sale price for Evolv Technologies when trading was halted?

The last sale price was $9.83.

How long will trading for Evolv Technologies remain halted?

Trading will remain halted until the company fully satisfies Nasdaq's request for information.

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