Evolv technology secures up to $75 million in non-dilutive debt financing

Waltham, mass.--(business wire)--evolv technologies holdings, inc (nasdaq: evlv), a leading security technology company pioneering ai-based solutions designed to help create safer experiences, today announced that it has entered into a new $75 million credit facility with midcap financial, consisting of a $60 million tranched term loan ($30 million of which was drawn at close with an additional $30 million available to be drawn at the company's sole discretion over the next two years) and a $15.
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