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New Frontier Financial, Inc.
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New Frontier Financial, Inc. was a blank check company, also known as a SPAC, incorporated for the purpose of raising capital through an initial public offering (IPO) to acquire an existing private company. Sponsored by New Frontier Group, the company initially focused on identifying and merging with a target in the technology or fintech sectors. In July 2021, New Frontier Financial, Inc. successfully completed its business combination with Evolv Technologies, a leader in AI-based weapons detection security screening. Following the merger, the company was renamed Evolv Technologies Holdings, Inc.
United States
Industry
Financial