Novume Solutions, a holding company formed as part of the merger between Keystone Solutions and Brekford Traffic Safety, has commenced trading on OTCQX. Keystone Solutions utilized the Reg A+ securities exemption to raise $5.3 million earlier this year. A copy of the Offering Circular is available here.
Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group, commented on the new listing;
“We are excited to see innovative companies using Regulation A+ to raise capital and further promote the growth and evolution of their businesses,” said Paltrowitz. “Trading on OTCQX will enable Novume Solutions to provide transparent trading and information for investors as the company focuses on developing its business and delivering long-term value to shareholders. We look forward to supporting Novume Solutions and its shareholders on OTCQX.”
Novume is a holding company of professional services firms that aggregate highly-specialized, difficult-to-find talent and have the scale and mass to deploy at the enterprise level at a moment’s notice. Novume commenced operations in August 2017 and some of its subsidiaries have a long history of success that dates to 1983. Novume’s clients include 87 of the top-100 federal contractors as well as numerous Fortune 100 companies.
Robert Berman, Novume CEO, stated;
“We are pleased to have Novume’s securities accepted for trading on OTCQX and look forward to executing Novume’s strategy.”