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
Website
CEO
Larry M. Paulson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
NOVASTAR FINANCIAL INC
SEC CIK
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
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
20 Jan 23
8-K
Departure of Directors or Certain Officers
7 Apr 22
8-K
Departure of Directors or Certain Officers
21 Jan 22
10-Q
2021 Q3
Quarterly report
12 Nov 21
8-K
Departure of Directors or Certain Officers
17 Aug 21
10-Q
2021 Q2
Quarterly report
11 Aug 21
8-A12G/A
Registration of securities (amended)
16 Jul 21
8-K
Entry into a Material Definitive Agreement
16 Jul 21
10-Q
2021 Q1
Quarterly report
13 May 21
10-K
2020 FY
Annual report
4 Mar 21
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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| 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) | 1.54 mm | 1.54 mm | 1.54 mm | 1.54 mm | 1.54 mm | 1.54 mm |
| Cash burn (monthly) | (no burn) | (no burn) | 459.33 k | 440.33 k | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 9.29 mm | 8.91 mm | n/a | n/a |
| Cash remaining | n/a | n/a | -7.75 mm | -7.37 mm | n/a | n/a |
| Runway (months of cash) | n/a | n/a | -16.9 | -16.7 | n/a | n/a |
Recent insider trades
| 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 | 0.00 | 0 |
| 30 Dec 21 | Igdaloff Barry | Common Stock | Other | Dispose J | No | No | 0 | 300,000 | 0.00 | 3,529,707 |
| 30 Dec 21 | Amster Howard | Common Stock | Other | Dispose J | No | No | 0 | 250,000 | 0.00 | 0 |