Can iMovie 10.4 edit HEVC video?

Does anyone know if iMovie 10.4 released November 2024 can open, view and edit HEVC video? I have been using iMovie 09 to edit video on my old MacBook Pro (13 inch Mid 2009) - I know it is old, but it has worked for me. My GoPro Hero5 died, so I bought a GoPro Hero12 Black. This GoPro produces HEVC video, which my old MacBook Pro and iMovie version cannot open. I am hoping to purchase a second hand Mac but want to make sure it will edit my new GoPro footage. Thanks in advance.