Loading...
Docoh
Log in Free sign up

Novation Companies (NOVC)

Novus Capital Corp. operates as a blank check company. It seeks to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more target businesses. The company was founded on March 5, 2020 and is headquartered in Indianapolis, IN.

Company profile

Ticker
NOVC
Exchange
OTC
Website
novuscapitalcorporation.com
CEO
Larry M. Paulson
Employees
Incorporated
Maryland
Location
Missouri
Fiscal year end
Dec 31
Sector
Finance > Financial Conglomerates
Industry (SIC)
Real Estate Agents & Managers (For Others)
KE • Anywhere Real Estate • Realogy • Jones Lang Lasalle • Marriott Vacations Worldwide • Opendoor • Bluegreen Vacations • Douglas Elliman • RE/MAX • Redfin ...
Former names
NOVASTAR FINANCIAL INC
SEC CIK
0001025953
Corporate docs
Subsidiaries
Novation Holding, Inc. • Healthcare Staffing, Inc. • NovaStar Mortgage LLC • NovaStar Mortgage Funding Corporation • NovaStar REMIC Financing Corporation ...
IRS number
742830661

NOVC stock data

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

12 Nov 21
16 Aug 22
31 Dec 22

Financial summary

Financial statements Chart NOVC financial data
Quarter (USD) Sep 21 Jun 21 Mar 21 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.54M 1.54M 1.54M 1.54M 1.54M 1.54M
Cash burn (monthly) (no burn) (no burn) 459.33K 440.33K (no burn) (no burn)
Cash used (since last report) n/a n/a 4.86M 4.65M n/a n/a
Cash remaining n/a n/a -3.31M -3.11M n/a n/a
Runway (months of cash) n/a n/a -7.2 -7.1 n/a n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

NOVC insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Dec 21 David William Pointer Common stock Other Dispose J No No 0 2,000,000 0 0
30 Dec 21 Igdaloff Barry Common Stock Other Dispose J No No 0 300,000 0 3,529,707
30 Dec 21 Amster Howard Common Stock Other Dispose J No No 0 250,000 0 0
3 Jun 21 Keddie Lee D Common Stock Sell Dispose S No No 0.0402 182,833 7.35K 850,000
19 May 21 Keddie Lee D Common Stock Sell Dispose S No No 0.0457 191,000 8.73K 1,032,833
18 May 21 Keddie Lee D Common Stock Sell Dispose S No No 0.0509 109,500 5.57K 1,223,833
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Financial report summary

?
Competition
Kelly Services

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: static
Removed: equipment, property
From filing 10-Q 2021 Q3
Financial reports
View all
10-Q
2021 Q3
Quarterly report
12 Nov 21
10-Q
2021 Q2
Quarterly report
11 Aug 21
10-Q
2021 Q1
Quarterly report
13 May 21
10-K
2020 FY
Annual report
4 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
10-Q
2020 Q2
Quarterly report
13 Aug 20
10-Q
2020 Q1
Quarterly report
13 May 20
10-K
2019 FY
Annual report
23 Mar 20
10-Q
2019 Q3
Quarterly report
13 Nov 19
10-Q
2019 Q2
Quarterly report
12 Aug 19
Current reports
View all
8-K
Departure of Directors or Certain Officers
7 Apr 22
8-K
Departure of Directors or Certain Officers
20 Jan 22
8-K
Departure of Directors or Certain Officers
17 Aug 21
8-K
Entry into a Material Definitive Agreement
16 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
13 Dec 19
8-K
Departure of Directors or Certain Officers
25 Sep 19
8-K
Entry into a Material Definitive Agreement
4 Jan 19
8-K
Amendments to Articles of Incorporation or Bylaws
14 Dec 18
8-K
Submission of Matters to a Vote of Security Holders
10 Oct 18
8-K
Entry into a Material Definitive Agreement
24 Jul 18
Registration and prospectus
View all
S-8
Registration of securities for employees
21 Sep 20
S-8
Registration of securities for employees
6 Aug 15
S-8
Registration of securities for employees
18 Jun 14
15-12G
Securities registration termination
3 Aug 11
SC TO-I/A
Issuer tender offer statement (amended)
30 Jun 11
424B3
Prospectus supplement
31 May 11
424B3
Prospectus supplement
12 May 11
424B3
Prospectus supplement
3 May 11
425
Business combination disclosure
3 May 11
SC TO-I/A
Issuer tender offer statement (amended)
3 May 11
Proxies
View all
DEFA14A
Additional proxy soliciting materials
31 Oct 19
DEF 14A
Definitive proxy
31 Oct 19
DEF 14A
Definitive proxy
5 Sep 18
PRE 14A
Preliminary proxy
16 Aug 18
DEF 14A
Definitive proxy
28 Apr 16
DEFA14A
Additional proxy soliciting materials
28 Apr 16
PRE 14A
Preliminary proxy
7 Apr 16
DEF 14A
Definitive proxy
31 May 15
DEFA14A
Additional proxy soliciting materials
31 May 15
PRE 14A
Preliminary proxy
21 May 15
Other
View all
UPLOAD
Letter from SEC
21 Jul 11
CORRESP
Correspondence with SEC
17 Jul 11
CORRESP
Correspondence with SEC
12 Jul 11
CORRESP
Correspondence with SEC
5 Jul 11
UPLOAD
Letter from SEC
4 Jul 11
EFFECT
Notice of effectiveness
1 May 11
CORRESP
Correspondence with SEC
27 Apr 11
CORRESP
Correspondence with SEC
17 Apr 11
CORRESP
Correspondence with SEC
13 Apr 11
UPLOAD
Letter from SEC
6 Mar 11
Ownership
View all
4
NOVATION COMPANIES / Howard Amster ownership change
30 Dec 21
4
NOVATION COMPANIES / BARRY IGDALOFF ownership change
30 Dec 21
4
NOVATION COMPANIES / David William Pointer ownership change
30 Dec 21
4
NOVATION COMPANIES / Lee D Keddie ownership change
4 Jun 21
4
NOVATION COMPANIES / Lee D Keddie ownership change
20 May 21
4
NOVATION COMPANIES / David William Pointer ownership change
12 Mar 21
4
NOVATION COMPANIES / David William Pointer ownership change
10 Mar 21
4
NOVATION COMPANIES / Howard Amster ownership change
9 Mar 21
4
NOVATION COMPANIES / David William Pointer ownership change
5 Feb 21
4
NOVATION COMPANIES / BARRY IGDALOFF ownership change
16 Nov 20

Reddit threads

View all