BlackRock (NYSE: BLK) discloses 7.5% Evolv Technologies (EVLV) ownership in 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 13,440,609 shares of EVOLV TECHNOLOGIES HOLDINGS INC Class A stock. This represents 7.5% of the class. BlackRock reports sole voting power over 13,159,037 shares and sole dispositive power over 13,440,609 shares, with no shared voting or dispositive power.
BlackRock notes that various underlying clients and investors have economic rights to dividends and sale proceeds, but no single such person has more than five percent of the outstanding common shares.
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Key Figures
Beneficial ownership: 13,440,609 shares
Percent of class: 7.5%
Sole voting power: 13,159,037 shares
+1 more
4 metrics
Beneficial ownership
13,440,609 shares
Class A stock beneficially owned by BlackRock, Inc.
Percent of class
7.5%
Percentage of EVOLV TECHNOLOGIES HOLDINGS INC Class A stock
Sole voting power
13,159,037 shares
Shares over which BlackRock has sole power to vote
Sole dispositive power
13,440,609 shares
Shares over which BlackRock has sole power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 13,159,037.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 13,440,609.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 this Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who signed the amended Schedule 13G for BlackRock regarding EVLV?
The amended Schedule 13G for EVOLV TECHNOLOGIES HOLDINGS INC was signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc., pursuant to a Power of Attorney (Exhibit 24).
What securities class is covered by BlackRock’s Schedule 13G/A filing on EVLV?
The filing covers Class A Stock of EVOLV TECHNOLOGIES HOLDINGS INC, identified by CUSIP 30049H102. BlackRock’s reported beneficial ownership, voting power, and dispositive power all relate specifically to this class of securities.