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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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Washington, D.C. 20549</font></div>
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FORM S-8</font></div>
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REGISTRATION STATEMENT</font></div>
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UNDER</font></div>
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THE SECURITIES ACT OF 1933</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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NOVUME SOLUTIONS, INC.</font></div>
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(Exact name of Registrant as specified in its charter)</font></div>
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Delaware</font></div>
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<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="color: #000000; background-color: #FFFFFF; font-weight: bold; font-family: Times New Roman; font-size: 13px">
81-56266334</font></div>
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(State or other jurisdiction of</font></div>
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incorporation or organization)</font></div>
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(I.R.S. Employer</font></div>
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Identification Number)</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
14420 Albemarle Point Place, Suite 200,</font></div>
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Chantilly, VA, 20151</font></div>
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&#xA0;(Address of principal executive offices)</font></div>
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2017 EQUITY AWARD PLAN</font></div>
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NON-QUALIFIED STOCK OPTION GRANT AGREEMENTS, DATED SEPTEMBER 27,
2017, BY AND BETWEEN THE COMPANY AND STEVE ELLIS</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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NON-QUALIFIED STOCK OPTION GRANT AGREEMENTS, DATED SEPTEMBER 27,
2017, BY AND BETWEEN THE COMPANY AND ROBERT WEST</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-size: 13px">
&#xA0;(Full title of the plans)</font> &#xA0;</font></div>
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Robert A. Berman, Chief Executive Officer</font></div>
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Novume Solutions, Inc.</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
14420 Albemarle Point Place, Suite 200,</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Chantilly, VA, 20151</font></div>
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<font style="color: #000000; font-size: 13px; font-weight: bold; font-family: Times New Roman">
(703) 953-3838</font></div>
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(Name, address and telephone number of agent for service)</font>
&#xA0;</font></div>
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Copy to:</font></div>
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<td style="vertical-align: middle; width: 33%">
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Morris F. DeFeo Jr., Esq.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Crowell &amp; Moring LLP</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
1001 Pennsylvania Ave NW</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Washington, DC 20004-2595</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
(202) 624-2925</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Indicate
by check mark whether the Registrant is a large accelerated filer,
an accelerated filer or a non-accelerated filer, or a smaller
reporting company. See the definitions of &#x201C;large accelerated
filer&#x201D;, &#x201C;accelerated filer&#x201D; and &#x201C;smaller
reporting company&#x201D; in Rule 12b-2 of the Exchange Act. (Check
one):</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<td style="vertical-align: middle; width: 15%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
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</td>
<td style="vertical-align: middle; width: 61%">
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</td>
<td style="vertical-align: bottom; width: 1%">
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</td>
<td style="vertical-align: middle; width: 20%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: bottom; width: 15%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Large&#xA0;accelerated&#xA0;filer</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 61%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px">&#x2610;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 20%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Accelerated&#xA0;filer</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px">&#x2610;</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 15%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 62%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 21%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 2%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: bottom; width: 15%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-accelerated
filer</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 61%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#x2610;&#xA0;
(Do not check if a smaller reporting company)</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 20%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Smaller&#xA0;reporting&#xA0;company</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px">&#x2612;</font></div>
</td>
</tr></table>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 13px">
<tr>
<td style="vertical-align: bottom; width: 100%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">Emerging&#xA0;growth&#xA0;company
&#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0;
&#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0;
&#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0; &#x2610;</font></div>
</td>
<td style="vertical-align: bottom; width: 0%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 0%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr></table>
</div>
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<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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<div id="ftr">
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
CALCULATION OF REGISTRATION FEE</font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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<tr style="">
<td rowspan="1" style="vertical-align: bottom; width: 52%; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
<div style="text-align: center; text-indent: 0px; margin-right: 0px; margin-left: 0px; border-bottom: 2px solid rgb(0, 0, 0);"><font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">Title
of Securities to Be Registered</font></div>
</td>
<td rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font><font style="text-align: center; vertical-align:bottom;width:80%;border-bottom:solid 2px #000;display:inline-block;">
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Amount</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">to
Be</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Registered
(1)</font></div>
</font><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font></div>
</td>
<td rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font><font style="text-align: center; vertical-align:bottom;width:80%;border-bottom:solid 2px #000;display:inline-block;">
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Proposed</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Maximum</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Offering
Price</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Per
Share</font></div>
</font><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font></div>
</td>
<td rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font><font style="text-align: center; vertical-align:bottom;width:80%;border-bottom:solid 2px #000;display:inline-block;">
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Proposed</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Maximum</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Aggregate</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Offering
Price</font></div>
</font><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font></div>
</td>
<td rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font><font style="text-align: center; vertical-align:bottom;width:80%;border-bottom:solid 2px #000;display:inline-block;">
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Amount
of</font></div>
<div><font style="font-weight:bold;font-size:13px;font-family:Times New Roman;">Registration
Fee</font></div>
</font><font style="text-align: left; padding-bottom:2px;width:10%;vertical-align:bottom;display:inline-block;">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 52%; border-left: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent:-24px;margin-right:0px;padding-bottom:2px;margin-left:24px;"><font style="font-family: Times New Roman; font-size: 13px">Common Stock, par
value $0.0001 per share</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:5%;border-bottom:solid 2px #000000;">&#xA0;</font><font style="text-align: right; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:75%;border-bottom:solid 2px #000000;">3,000,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(2)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">1.78</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(3)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">5,340,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">664.83</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 52%; border-left: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent:-24px;margin-right:0px;padding-bottom:2px;margin-left:24px;"><font style="font-family: Times New Roman; font-size: 13px">Common Stock, par
value $0.0001 per share</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:5%;border-bottom:solid 2px #000000;">&#xA0;</font><font style="text-align: right; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:75%;border-bottom:solid 2px #000000;">10,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(4)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">3.60</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(5)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">36,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">4.48</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 52%; border-left: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent:-24px;margin-right:0px;padding-bottom:2px;margin-left:24px;"><font style="font-family: Times New Roman; font-size: 13px">Common Stock, par
value $0.0001 per share</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:5%;border-bottom:solid 2px #000000;">&#xA0;</font><font style="text-align: right; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:75%;border-bottom:solid 2px #000000;">5,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(4)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">3.00</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(5)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">15,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">1.88</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;"><br></font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 52%; border-left: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent:-24px;margin-right:0px;padding-bottom:2px;margin-left:24px;"><font style="font-family: Times New Roman; font-size: 13px">Common Stock, par
value $0.0001 per share</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:5%;border-bottom:solid 2px #000000;">&#xA0;</font><font style="text-align: right; font-family:Times New Roman;vertical-align:bottom;font-size:13px;display:inline-block;width:75%;border-bottom:solid 2px #000000;">10,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(4)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">1.80</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">(5)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">18,000</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font><font style="text-align: left; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">$</font><font style="text-align: right; font-family:Times New Roman;border-bottom:solid 2px #000000;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">2.24</font><font style="text-align: left; font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;padding-bottom:2px;font-size:13px;">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 52%; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent:-24px;margin-right:0px;margin-left:24px;"><font style="font-family: Times New Roman; font-size: 13px">Total</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: left; vertical-align:bottom;width:5%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: right; vertical-align:bottom;width:75%;font-size:13px;font-family:Times New Roman;display:inline-block;">3,025,000</font><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: left; vertical-align:bottom;width:5%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: right; vertical-align:bottom;width:75%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: left; vertical-align:bottom;width:5%;font-size:13px;font-family:Times New Roman;display:inline-block;">$</font><font style="text-align: right; vertical-align:bottom;width:75%;font-size:13px;font-family:Times New Roman;display:inline-block;">5,409,000</font><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font><font style="text-align: left; vertical-align:bottom;width:5%;font-size:13px;font-family:Times New Roman;display:inline-block;">$</font><font style="text-align: right; vertical-align:bottom;width:75%;font-size:13px;font-family:Times New Roman;display:inline-block;">673.43</font><font style="text-align: left; vertical-align:bottom;width:10%;font-size:13px;font-family:Times New Roman;display:inline-block;">&#xA0;</font></div>
</td>
</tr></table>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">(1)</font>
<font style="font-family: Times New Roman; font-size: 13px;">Pursuant to Rule
416(a) under the Securities Act of 1933, as amended, this
Registration Statement shall also cover any additional shares of
the common stock, par value $0.0001 per share (&#x201C;Common
Stock&#x201D;), of Novume Solutions, Inc., a Delaware corporation
that become issuable in respect of the securities identified in the
above table by reason of any stock dividend, stock split,
recapitalization, or other similar transaction effected without the
Company&#x2019;s receipt of consideration which results in an
increase in the number of the outstanding shares of Common
Stock.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">(2)</font>
<font style="font-family: Times New Roman; font-size: 13px;">Represents
3,000,000 shares of Common Stock reserved for issuance upon the
vesting and/or exercise, as applicable, of stock-based awards
granted or to be granted, from time to time, to participants under
the 2017 Equity Award Plan of Novume Solutions, Inc</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
(3) Estimated solely for the purpose of calculating the
registration fee. Such estimate is calculated pursuant to
Rules457(c) and 457(h)under the Securities Act of 1933, as amended,
based on the averageof the high and low prices ($1.51 and $2.05,
respectively) ofCommon Stock on the OTCQX Best Marketof the OTC
Markets Group, Inc. (the &#x201C;OTCQX&#x201D;) on October 2,
2017.</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
(4) Represents shares of Common Stock reserved for issuance upon
the exercise ofoutstanding options to purchase shares of Common
Stock issued tothe holders thereof .</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
(5) Pursuant to Section 457(g) under the Securities Act of 1933, as
amended,represents the per-share exercise price of the applicable
optionsto purchase shares of Common Stock.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
<div id="pb" style="text-align: center; page-break-after: always; margin-left: 0px; margin-right: 0px; margin-bottom: 6px; width: 100%; height: 1px; background-color: #000000">
<!--page break--></div>
<div id="hdr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
Explanatory Note</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">This
registration statement on Form S-8 (&#x201C;<font style="text-decoration: underline">Registration Statement</font>&#x201D;)
of Novume Solutions, Inc., a Delaware corporation
(&#x201C;<font style="text-decoration: underline">Novume</font>&#x201D; or, the
&#x201C;<font style="text-decoration: underline">Company</font>&#x201D;), relates to the
registration of 3,000,000 shares of the Company&#x2019;s common
stock, par value $0.0001 per share (&#x201C;<font style="text-decoration: underline">Common Stock</font>&#x201D;), issuable
upon the vesting and/or exercise, as applicable, of stock-based
awards (&#x201C;<font style="text-decoration: underline">Awards</font>&#x201D;) granted or to be
granted, from time to time, to participants under our 2017 Equity
Award Plan (the &#x201C;<font style="text-decoration: underline">2017 Plan</font>&#x201D;), including
<font style="color: #000000">902,074</font> shares (the
&#x201C;<font style="text-decoration: underline">Shares</font>&#x201D;) of our Common
Stock which may be reoffered and/or resold by the individuals (the
&#x201C;<font style="text-decoration: underline">Selling
Securityholders</font>&#x201D;) listed under the Selling
Securityholder section of the re-offer prospectus (the
&#x201C;<font style="text-decoration: underline">Reoffer
Prospectus</font>&#x201D;), upon the vesting (if applicable) and
proper exercise of options to purchase shares of our Common Stock
(&#x201C;<font style="text-decoration: underline">Novume
Options</font>&#x201D;) granted to such Selling Securityholders
under the 2017 Plan. This Registration Statement also includes
25,000 shares of Common Stock issuable upon the exercise of Novume
Options granted to two holders not under the 2017 Plan, as
described below.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
Registration Statement is being filed subsequent to certain merger
transactions (collectively, the &#x201C;<font style="text-decoration: underline">Mergers</font>&#x201D;) <font style="color: #000000">completed by us on August 28, 2017, in part in
order to register a portion of the merger consideration (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">Merger
Consideration</font><font style="color: #000000">&#x201D;) under the
Securities Act of 1933, as amended (the "Securities Act"). The
Mergers were completed in accordance with the</font><font style="color: #000000; background-color: #FFFFFF">&#xA0;Second Amended
and Restated Agreement and Plan of Merger dated as of July 12, 2017
(the &#x201C;</font><font style="text-decoration: underline; color: #000000; background-color: #FFFFFF">Merger
Agreement</font><font style="color: #000000; background-color: #FFFFFF">&#x201D;)</font><font style="color: #000000">,
by and among the Company, KeyStone Merger Sub, LLC, a Delaware
limited liability company (&#x201C;</font><font style="text-decoration: underline; color: #000000">KeyStone</font><font style="color: #000000">&#x201D;),
KeyStone Solutions, Inc., a Delaware corporation
(&#x201C;</font><font style="text-decoration: underline; color: #000000">KSI</font><font style="color: #000000">&#x201D;), Brekford Traffic Safety, Inc., a
Delaware limited liability company (&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford</font><font style="color: #000000">&#x201D;)
and Brekford Merger Sub, Inc., a Delaware limited liability company
(&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford Merger
Sub</font><font style="color: #000000">&#x201D;). KSI merged with
and into KeyStone, our wholly-owned subsidiary. KeyStone survived
the merger and changed its name to &#x201C;KeyStone Solutions,
LLC&#x201D;. Our other wholly-owned subsidiary, Brekford Merger Sub,
merged with and into Brekford; Brekford survived that merger. As a
result of the Mergers, Novume became the parent company of KeyStone
and Brekford. Novume also became the indirect parent of KSI&#x2019;s
former subsidiaries, which are now housed under KeyStone and whose
operations comprise a significant portion of Novume&#x2019;s
business, as more fully discussed herein. As Merger Consideration,
the pre-merger holders of options to purchase shares of the common
stock, par value $0.0001 per share, of KSI
(&#x201C;</font><font style="text-decoration: underline; color: #000000">KSI
Options</font><font style="color: #000000">&#x201D;) originally
granted to such holders under KSI&#x2019;s</font> <font style="color: #000000; background-color: #FFFFFF">2016 Equity Award Plan
(the &#x201C;</font><font style="text-decoration: underline; color: #000000; background-color: #FFFFFF">KSI
2016 Plan</font><font style="color: #000000; background-color: #FFFFFF">&#x201D;) received
Novume Options under the 2017 Plan; and</font> <font style="color: #000000">the pre-merger holders of options to purchase
shares of the common stock, par value $0.0001 per share, of
Brekford (&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford
Options</font><font style="color: #000000">&#x201D;) originally
granted to such holders under Brekford&#x2019;s 2008 Stock Incentive
Plan (the &#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford 2008
Plan</font><font style="color: #000000">&#x201D;)</font>
<font style="color: #000000; background-color: #FFFFFF">received
Novume Options under the 2017 Plan;</font> <font style="font-style: italic; color: #000000; background-color: #FFFFFF">provided,
that</font><font style="color: #000000; background-color: #FFFFFF">, two holders who do
not currently provide services to Novume received Novume Options
issued outside of the Plan, pursuant to five Non-Qualified Stock
Option Grant Agreements, each dated as of September 27, 2017. In
total, we granted Novume Options</font> under the 2017 Plan
<font style="color: #000000; background-color: #FFFFFF">with an
aggregate of 1,049,315 underlying shares of our Common Stock in
consideration for the Mergers</font>. Since the closing of the
Mergers, we have granted Novume Options to purchase 223,094 shares
of Common Stock not in connection with the Mergers.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders include such persons who, prior to the
Mergers, were named executive officers, directors or significant
employees of KSI or Brekford. Several of these persons are now
officers or directors of Novume and/or our subsidiaries. The
Selling Securityholders also include additional persons who are now
our named executive officers and directors, but who were not
affiliated with KSI or Brekford.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Section
10(a) Prospectus: Items 1 and 2 of Part I of this Registration
Statement, and the documents incorporated by reference pursuant to
Part II, Item 3 of this Registration Statement, constitute a
prospectus that meets the requirements of Section 10(a) of the
Securities Act.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Reoffer
Prospectus: The material that follows Item 2, up to but not
including Part II of this Registration Statement, of which the
Reoffer Prospectus is a part, constitutes a &#x201C;reoffer
prospectus,&#x201D; prepared in accordance with the requirements of
Part I of Form S-3 under the Securities Act. Pursuant to
Instruction C of Form S-8, the Reoffer Prospectus may be used for
reoffers or resales of Shares by the Selling Securityholders that
may be deemed &#x201C;control securities&#x201D; under the Securities
Act. The Reoffer Prospectus does not contain all of the information
included in this Registration Statement, certain items of which are
contained in exhibits to this Registration Statement as permitted
by the rules and regulations of the Securities and Exchange
Commission (the &#x201C;<font style="text-decoration: underline">SEC</font>&#x201D;). Statements
contained in the Reoffer Prospectus as to the contents of any
agreement, instrument or other document referred to are not
necessarily complete. With respect to each such agreement,
instrument or other document filed as an exhibit to this
Registration Statement, we refer you to the exhibit for a more
complete description of the matter involved, and each such
statement shall be deemed qualified in its entirety by this
reference.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Part I</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
INFORMATION REQUIRED IN THE SECTION&#xA0;10(a)
PROSPECTUS</font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">Item
1.</font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Plan Information.*</font></div>
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<font style="font-family: Times New Roman; font-size: 16px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">Item
2.</font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Registrant Information and Employee Plan Annual
Information.*</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">*</font>
<font style="font-family: Times New Roman; font-size: 13px;">Information
required by Part I omitted from this Registration Statement in
accordance with Rule 428 under the Securities Act, and the
&#x201C;Note&#x201D; and instructions to Part I of Form
S-8.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
REOFFER PROSPECTUS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
927,074 Shares of Common Stock</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px"><img src="forms-8novumesolutionsinc000.jpg"></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
This reoffer prospectus (&#x201C;</font><font style="text-decoration: underline; color: #000000">Reoffer
Prospectus</font><font style="color: #000000">&#x201D;) relates to
the reoffer and resale of up to 927,074 shares (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">Shares</font><font style="color: #000000">&#x201D;)
of common stock, par value $0.0001 per share
(&#x201C;</font><font style="text-decoration: underline; color: #000000">Common
Stock</font><font style="color: #000000">&#x201D;), of Novume
Solutions, Inc., a Delaware corporation (</font>&#x201C;<font style="text-decoration: underline">we</font>&#x201D;, &#x201C;<font style="text-decoration: underline">us</font>&#x201D;, <font style="text-decoration: underline">our</font>&#x201D;, &#x201C;<font style="text-decoration: underline">Novume</font>&#x201D; or the
&#x201C;<font style="text-decoration: underline">Company</font>&#x201D;), from time to
time, upon the vesting (if applicable) and proper exercise of
options to purchase shares of Common Stock (&#x201C;<font style="text-decoration: underline">Novume Options</font>&#x201D;) granted
to certain holders (the &#x201C;<font style="text-decoration: underline">Selling
Securityholders</font>&#x201D;).&#xA0; All but two Selling
Securityholders received their Novume Options <font style="color: #000000">under our 2017 Equity Award Plan (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">2017
Plan</font><font style="color: #000000">&#x201D;),</font>
<font style="color: #000000">as described below under the section
entitled &#x201C;Selling Security
Holders.&#x201D;</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
Certain of the Selling Securityholders, as identified below,
received their Novume Options in connection with merger
transactions (the &#x201C;</font><font style="text-decoration: underline; color: #000000">Mergers</font><font style="color: #000000">&#x201D;)
completed by the Company on August 28, 2017, in accordance with the
Second Amended and Restated Agreement and Plan of Merger dated as
of July 12, 2017 (the &#x201C;</font><font style="text-decoration: underline; color: #000000">Merger
Agreement</font><font style="color: #000000">&#x201D;), by and among
the Company, KeyStone Merger Sub, LLC, a Delaware limited liability
company (&#x201C;</font><font style="text-decoration: underline; color: #000000">KeyStone</font><font style="color: #000000">&#x201D;),
KeyStone Solutions, Inc., a Delaware corporation
(&#x201C;</font><font style="text-decoration: underline; color: #000000">KSI</font><font style="color: #000000">&#x201D;), Brekford Traffic Safety, Inc., a
Delaware limited liability company (&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford</font><font style="color: #000000">&#x201D;)
and Brekford Merger Sub, Inc., a Delaware limited liability company
(&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford Merger
Sub</font><font style="color: #000000">&#x201D;). KSI merged with
and into KeyStone, our wholly-owned subsidiary. KeyStone survived
the merger and changed its name to &#x201C;KeyStone Solutions,
LLC&#x201D;. Our other wholly-owned subsidiary, Brekford Merger Sub,
merged with and into Brekford; Brekford survived that merger. As a
result of the Mergers, Novume became the parent company of KeyStone
and Brekford. Novume also became the indirect parent company of AOC
Key Solutions, Firestorm (as defined herein) and Novume Media. As
merger consideration, the pre-merger holders of options to purchase
shares of the common stock, par value $0.0001 per share, of KSI
(&#x201C;</font><font style="text-decoration: underline; color: #000000">KSI
Options</font><font style="color: #000000">&#x201D;) originally
granted to such holders under KSI&#x2019;s 2016 Equity Award Plan
(the &#x201C;</font><font style="text-decoration: underline; color: #000000">KSI 2016
Plan</font><font style="color: #000000">&#x201D;) received Novume
Options under our 2017 Plan. Similarly, the pre-merger holders of
options to purchase shares of the common stock, par value $0.0001
per share, of Brekford (&#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford
Options</font><font style="color: #000000">&#x201D;) originally
granted to such holders under Brekford&#x2019;s 2008 Stock Incentive
Plan (the &#x201C;</font><font style="text-decoration: underline; color: #000000">Brekford 2008
Plan</font><font style="color: #000000">&#x201D;) received Novume
Options under our 2017 Plan;</font> <font style="font-style: italic; color: #000000; background-color: #FFFFFF">provided,
that</font><font style="color: #000000; background-color: #FFFFFF">, two such holders who
do not currently provide services to Novume received their Novume
Options outside of the 2017 Plan</font><font style="color: #000000">, pursuant to certain Non-Qualified Stock Option
Grant Agreements dated as of September 27, 2017. Therefore, the
Novume Options comprise a portion of the merger consideration (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">Merger
Consideration</font><font style="color: #000000">&#x201D;) under the
Merger Agreement.</font> <font style="color: #000000; background-color: #FFFFFF">In total, we granted
Novume Options</font> under the 2017 Plan <font style="color: #000000; background-color: #FFFFFF">with an aggregate of
1,049,315 underlying shares of our Common Stock in consideration
for the Mergers</font>. Since the closing of the Mergers, we have
granted Novume Options to purchase 223,094 shares of Common Stock
not in connection with the Mergers.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders include such persons who, prior to the
Mergers, were named executive officers, directors or significant
employees of KSI or Brekford. Several of these persons are now
officers or directors of Novume and/or our subsidiaries. The
Selling Securityholders also include additional persons who are now
our named executive officers and directors, but who were not
affiliated with KSI or Brekford.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
We are not selling any shares of Common Stock under this Reoffer
Prospectus, and we will not receive any of the proceeds from the
sale of the Shares. We will pay all fees and expenses incurred in
connection with the registration of the Shares offered by this
Reoffer Prospectus, and we will pay any brokerage or underwriting
commissions or discounts or other expenses relating to the sale of
the Shares.&#xA0; The payments of such expenses and other costs
will be deemed as income to the Selling
Securityholders.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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</div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">This
Reoffer Prospectus has been prepared for the purpose of allowing
for future sales by the Selling Securityholders, on a continuous or
delayed basis, to the public. The registration of the Shares does
not necessarily mean that the Selling Securityholders will offer or
sell their respective shares. Each Selling Securityholder that
sells Shares pursuant to this Reoffer Prospectus may be deemed to
be an &#x201C;underwriter&#x201D; within the meaning of the
Securities Act. Any commissions received by a broker or dealer in
connection with resales of shares may be deemed to be underwriting
commissions or discounts under the Securities Act.<font style="color: #000000">&#xA0;</font>Other Selling Securityholders may
elect to sell shares of Common Stock under this Reoffer Prospectus
as they receive them from time to time in the future; additionally,
the Selling Securityholders described below under the section
entitled &#x201C;Selling Security Holders&#x201D; may receive
additional shares of Common Stock from time to time in the future
and elect to sell the additional shares of Common Stock under this
Reoffer Prospectus as they receive them. As the amounts of shares
of Common Stock to be reoffered, and names of other affiliate
Selling Securityholders become known to us, we will supplement this
Reoffer Prospectus with that information. Any securities covered by
this Reoffer Prospectus which qualify for sale pursuant to Rule 144
as promulgated under the Securities Act (&#x201C;<font style="text-decoration: underline">Rule 144</font>&#x201D;) may be sold
under Rule 144 rather than pursuant to this Reoffer Prospectus. See
&#x201C;Selling Securityholders&#x201D; beginning on page
10.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">You
should carefully read this Reoffer Prospectus, including the
information it incorporates by reference, and any accompanying
prospectus supplement before making a decision to purchase shares
of Common Stock from the Selling Securityholders. <font style="color: #000000">The Selling Securityholders may sell the Shares
covered by this Reoffer Prospectus through various means, including
directly or indirectly to purchasers, in one or more transactions
on the OTCQX Best Market of the OTC Markets Group, Inc. (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">OTCQX</font><font style="color: #000000">&#x201D;)
or any stock exchange or stock market on which the Shares are
traded at the time of sale, in privately negotiated transactions,
or through a combination of these methods. These sales may be at
fixed prices, which may change, at market prices available at the
time of sale, at prices based on the available market price at the
time of sale, or at negotiated prices. If the Shares are sold
through underwriters, broker-dealers or agents, these parties may
be compensated for their services in the form of discounts or
commissions, which is deemed to be &#x201C;underwriting
commissions.&#x201D; If required, the names of any underwriter(s),
applicable commissions or discounts, and any other required
information with respect to any particular sales will be disclosed
in an accompanying prospectus supplement. For additional
information on the Selling Securityholders&#x2019; possible methods
of sale, you should refer to the section in this Reoffer Prospectus
entitled &#x201C;Plan of Distribution&#x201D; beginning on page
12.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Our Common Stock is quoted on the OTCQX under the symbol
&#x201C;NVMM&#x201D;. The last reported sale price on October 5, 2017
was $2.20 per share of Common Stock.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Investing in our Common Stock involves a high degree of risk.
Before you make your investment decision, please read carefully the
&#x201C;RISK FACTORS&#x201D; section beginning on page 4, where
specific risks associated with these securities are
described.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 60px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">____________________</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Neither the Securities and Exchange Commission (the
&#x201C;SEC&#x201D;) nor any state securities commission has approved
or disapproved of these securities or passed upon the adequacy or
accuracy of the disclosures in this prospectus. Any representation
to the contrary is a criminal offense.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">This
Reoffer Prospectus does not constitute an offer to sell securities
in any state to any person to whom it is unlawful to make such
offer in such state.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
date of this prospectus is October 6, 2017.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
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</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
TABLE OF CONTENTS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 13px">
<tr>
<td style="vertical-align: top; width: 95%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%; border-bottom: 2px solid #000000">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Page</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 95%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Summary</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 1<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Our
Company</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 1<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Note
Regarding Forward-Looking Statements</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 3<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Risk
Factors</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 4<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Use of
Proceeds</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 10<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Selling
Securityholders</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 10<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Plan
of Distribution</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 12<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Legal
Matters</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 13<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Experts</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 13<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Where
You Can Find More Information</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 13<br></font></div>
</td>
</tr><tr style="background-color: #ffffff">
<td style="vertical-align: top; width: 95%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: #cceeff">
<td style="vertical-align: top; width: 95%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-size: 13px; font-family: Times New Roman;">Information
Incorporated by Reference</font></div>
</td>
<td style="vertical-align: top; width: 5%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0; 13<br></font></div>
</td>
</tr></table>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
You should rely only on the information incorporated by reference
or contained in this Reoffer Prospectus. Neither we nor the Selling
Securityholders have authorized any other person to provide you
with information that is different from that contained in this
Reoffer Prospectus. If anyone provides you with different or
inconsistent information, you should not rely on it. The Selling
Securityholders are offering to sell and seeking offers to buy our
Common Stock only in jurisdictions where such offers and sales are
permitted. You should assume that the information appearing in this
Reoffer Prospectus is accurate only as of the date set forth on the
front cover hereof, regardless of the time of delivery hereof or of
any sale of our Common Stock hereunder. You should read this
Reoffer Prospectus together with the additional information
described under &#x201C;Where You Can Find More Information&#x201D;
and &#x201C;Information Incorporated by Reference.&#x201D;&#xA0;
Information contained on our website, or any other website operated
by us, is not part of this Reoffer Prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
This Reoffer Prospectus may be supplemented from time to time to
add, update or change information.&#xA0; To the extent that a
statement contained in a prospectus supplement modifies or
supersedes any statement contained in this Reoffer Prospectus, it
will be deemed to be modified or superseded for purposes of this
Reoffer Prospectus and&#xA0; will be deemed to constitute a part of
this Reoffer Prospectus only as so modified. Any statement so
superseded will be deemed not to constitute a part of this Reoffer
Prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">i</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SUMMARY</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
This summary highlights important information about our business
and about this reoffering. It does not include all information that
is important to you in making a decision to purchase shares of
common stock. For a more complete understanding of our business and
the reoffering, you should read this entire reoffer prospectus,
including the section entitled &#x201C;Risk Factors&#x201D; herein,
our consolidated financial statements and the related notes thereto
incorporated by reference into this Reoffer Prospectus, and all
information incorporated by reference in this Reoffer
Prospectus.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
OUR COMPANY</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Overview</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-family: Times New Roman">
Novume Solutions, Inc. is</font> a holding company focused on
acquiring, creating and managing firms that aggregate
highly-specialized, difficult-to-find talent and have the scale and
mass to deploy these resources quickly and efficiently<font style="font-family: Times New Roman">.&#xA0; We operate through our
direct and indirect subsidiaries, each of which is described
below</font><font style="color: #000000; font-family: Times New Roman; background-color: #FFFFFF">.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
KeyStone Solutions, LLC</font><font style="font-weight: bold; color: #000000">&#xA0;</font><font style="color: #000000">&#x2013; KeyStone is a wholly-owned subsidiary of
Novume and the successor to KSI. KSI was formed in March 2016 as a
holding company for professional services companies supporting the
government contracting (&#x201C;</font><font style="text-decoration: underline; color: #000000">GovCon</font><font style="color: #000000">&#x201D;)
industry. KSI was originally formed through a corporate
reorganization of AOC Key Solutions, Inc., a Delaware corporation
(&#x201C;</font><font style="text-decoration: underline; color: #000000">AOC Key
Solutions</font><font style="color: #000000">&#x201D;), which, as a
result, became a wholly-owned subsidiary of KSI. On
January&#xA0;25, 2017 KSI acquired Firestorm Solutions, LLC, a
Delaware limited liability company, and Firestorm Franchising, LLC,
a Georgia limited liability company (together,
&#x201C;</font><font style="text-decoration: underline; color: #000000">Firestorm</font><font style="color: #000000">&#x201D;).
On August 28, 2017, KeyStone merged with KSI and KSI ceased to
exist. The operations of KeyStone are currently conducted by and
through KeyStone&#x2019;s subsidiaries: AOC Key Solutions,
Firestorm, and Novume Media, Inc. (&#x201C;</font><font style="text-decoration: underline; color: #000000">Novume
Media</font><font style="color: #000000">&#x201D;), the last of
which was formed in Delaware on December&#xA0;28, 2016 and became
operational, as described below, around late February
2017.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
AOC Key Solutions</font><font style="color: #000000">&#xA0;&#x2013;
AOC Key Solutions is a wholly-owned subsidiary of Keystone. AOC Key
Solutions is a business development and consulting firm that
assists government contractors in many aspects of their business.
Its primary services cover all aspects of the government
procurement process, including identifying individual and teaming
opportunities, understanding and meeting qualification standards,
team development and coordination and proposal strategy and
development. It also helps commercially focused firms gain entry
into the government contracting market for the first time. Since
commencing operations in 1983, AOC Key Solutions has assisted
clients in winning over approximately $150&#xA0;billion of
government contract awards.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
A guiding objective of AOC Key Solutions is to perform in a manner
that improves outcomes for all stakeholders, working in a way that
increases the efficiency and effectiveness of both the government
and the companies who are in, or seek to enter, the government
contracting market. In this way, AOC Key Solutions seeks to help
contractors achieve positive societal contributions as well as
success measured by profits and return on investment.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
AOC Key Solutions provides comprehensive support for their clients
prior to and after winning government contracts. It identifies
winnable government contracts for clients and provides teaming
support to help them identify qualified teaming opportunities from
its large database of government contractors. Next, AOC Key
Solutions helps its clients develop the strategy and plan to win
the contracts, implement and execute their strategy and plan, and
prepare a compliant, compelling and winning proposal. For more than
30 years AOC Key Solutions has provided market intelligence,
proposal, capture, advisory and teaming support and other important
services to&#xA0;</font><font style="font-style: italic; color: #000000">Fortune 50</font><font style="color: #000000">&#xA0;companies and small businesses
alike.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s strategy for AOC Key Solutions includes diversifying
its services offerings within the GovCon market while increasing
sustainable revenues. This is expected to involve adding both
vertical and horizontal capabilities by acquiring GovCon service
providers through a disciplined acquisition strategy.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
Firestorm</font><font style="color: #000000">&#xA0;&#x2013;
Firestorm Solutions, LLC and Firestorm Franchising, LLC are
wholy-woned subsidiaries of Firestorm Holdings, LLC which is a
wholly-owned subsidiary of Keystone. Firestorm is a nationally
recognized leader in crisis management, crisis communications,
emergency response, and business continuity. It provides predictive
intelligence and other emergency, crisis and disaster preparedness
initiatives, such as workplace violence prevention, cyber-breach
response and communicable illness/pandemic planning. Firestorm is
focused on prevention in addition to planning and response
initiatives. For example, Firestorm has developed a behavioral risk
and threat assessment program, referred to
as&#xA0;</font><font style="font-style: italic; color: #000000">B</font><font style="font-style: italic; color: #000000; font-size: 13px">E</font><font style="font-style: italic; color: #000000">RT</font><font style="font-style: italic; color: #000000; font-size: 13px">H</font><font style="font-style: italic; color: #000000">A</font><font style="font-style: italic; font-size: 70%; vertical-align: top; color: #000000">&#xAE;</font><font style="font-style: italic; color: #000000">,&#xA0;</font><font style="color: #000000">which
positions organizations to prevent violence from occurring through
the delivery of awareness training, anonymous reporting and
predictive intelligence programs that enable the identification of
warning signs that may be exhibited by individuals long before they
are on a path to violence.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
By educating others on emerging threats and strategies to combat
those threats, Firestorm increases awareness of its initiatives
through the deployment of&#xA0;no-fee&#xA0;webinars, stress tests,
and blog articles that include analyses by members of its
highly-credentialed Expert Council as well as other social media.
Firestorm partners with industry associations and aggregators to
deliver meaningful risk mitigation strategies and education. It
serves clients ranging from some of the world&#x2019;s largest
global companies to public and private entities across
all&#xA0;sectors. Firestorm offers services to federal contractors
that enhance their ability to manage risk and respond to adverse
events, thereby minimizing financial, legal and regulatory impacts
and protecting their human resources, brand and reputation for
responsibility and citizenship.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
Novume Media</font><font style="color: #000000">&#xA0;&#x2013;
Novume Media Inc. is a wholly-owned subsidiary of Keystone. Through
Novume Media, Novume is fostering communication and knowledge
transfer by constructing a &#x201C;bridge&#x201D; across which
efficiencies and best practices will be shared between the private
sector and government, benefiting government, industry and the
taxpayer. Novume Media produces&#xA0;</font><font style="font-style: italic; color: #000000">The Bridge</font><font style="color: #000000">&#xA0;&#x2014; a weekly&#xA0;30-minute&#xA0;program
featuring panel discussions and interviews with leaders from the
government, business, academia and associations. The show premiered
on April&#xA0;2, 2017 in the Washington, DC market. Topics have
included: innovating for government; impact of the Trump
administration on the FY2018 federal budget; improving
government-industry cooperation; infrastructure privatization and
modernization; dealing with cyber threats; and procurement
reform.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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</div>
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</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
Brekford Traffic Safety, Inc.</font> <font style="color: #000000">&#x2013; Brekford is a wholly-owned subsidiary of
Novume. Brekford assists government agencies in their mission to
reduce deaths and accidents on public roadways. Traffic safety is a
major concern for most communities, yet there is continual pressure
on the budgets of state, local and federal government agencies and
other public safety providers. Since 2010, Brekford has provided
full turnkey automated traffic safety enforcement
(&#x201C;</font><font style="text-decoration: underline; color: #000000">ATSE</font><font style="color: #000000">&#x201D;)
programs, offering a variety of technologies and processing
capabilities. These include red light, speed, and distracted
driving camera systems that enable law enforcement agencies to
better address traffic safety concerns while freeing highly trained
personnel to attend to more critical safety and crime prevention
activities. ATSE systems have been shown to be effective at
reducing vehicle speeds and intersection crashes. Brekford&#x2019;s
ATSE systems contain one or more motor&#xA0;vehicle sensors that
produce recorded images of motor vehicles traveling at speeds above
a defined&#xA0;threshold, passing through a red light, or where the
driver is illegally using a handheld device. Images captured by the
camera are processed and reviewed in a secure facility using a
proprietary web-based citation management system, and violation
notices are mailed to the registered owner of the identified
vehicle. Revenue generated from these violator-funded programs
reduces the tax burden on the community, and can be allocated to
other public safety initiatives.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Until recently, Brekford also operated within the law enforcement
and public safety industry providing vehicle upfitting and
technology services to state, local, and federal agencies. On
February 28, 2017, Brekford sold 80.1% of its vehicle services
business to LB&amp;B Associates, Inc., a nationally recognized
government service provider. Brekford continues to own a 19.9%
share of this business, which now operates as Global Public Safety,
LLC. Brekford intends to assist in providing strategic and tactical
advice to the new owners, who intend to grow the business
nationally.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The majority of Brekford&#x2019;s sales are to government agencies
whose operating budgets, while historically stable, are dependent
on national and local economic conditions. Brekford&#x2019;s
programs offer these agencies much needed traffic safety services,
without an impact to operating budgets. In fact, in most cases,
agencies experience a net positive revenue stream from these
programs.&#xA0;The ATSE industry has experienced substantial growth
in recent years and there is intense competition from a handful of
competitor companies. A lack of national standards is both a
challenge and an opportunity. Brekford provides distinctive modern
technology, and its size, strategy, and low-cost structure allow it
to bid on projects for smaller to medium sized municipalities,
which collectively constitute the majority of installation
opportunities within the U.S.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic">
Global Technical Services, Inc. (&#x201C;GTS&#x201D;) and Global
Contract Professionals, Inc.</font> <font style="font-weight: bold; font-style: italic">(&#x201C;GCP&#x201D; and,
together with GTS, &#x201C;Global&#x201D;)</font> &#x2013;</font>
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">GTS
and GCP are wholly-owned subsidiaries of Novume. Both companies
specialize in providing the Department of Defense and the aerospace
industry with experienced specialized contract personnel,
temp-to-hire professionals, direct hires, and temporary or seasonal
hires. Global can support any type of aerospace client and meet
virtually any type of staffing need from maintenance and repair
operations (MRO) to fixed-base operators (FBO) to manufacturing.
Global&#x2019;s employees have worked on projects that include: the
pylon project for the 747 that carried the space shuttle; the F-35
Joint Strike Fighter; the Bell Tiltrotor; and overhaul and
maintenance programs for commercial, military and private
aircraft.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
GTS specializes in providing it clients with experienced
maintenance and modification specialists. Some of the technical
positions GTS routinely fills include aircraft painters, aircraft
planners, assembly technicians, cabinetry specialists, electrical
technicians, FAA certified airframe and power plant mechanics, FAA
certified avionic technicians, heavy structures mechanics, licensed
aircraft inspectors, interior specialists, sheet metal fabrication
technicians, machinists and upholstery specialists.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
GCP has been instrumental in placing highly-skilled technical
professionals in some of the world&#x2019;s most prestigious
engineering firms and government facilities for over 20 years.
GCP&#x2019;s history working with commercial and military programs
at major manufacturers and defense contractors has made it a
routine top-performer in engineering staffing. GCP has the ability
to provide highly-competent and responsive resources for customers
during peak periods of production. Some of the professional
positions GTS routinely fills include avionics engineers,
budget/financial analysts, contract administrators, cost schedule
analysts, electrical systems engineers, embedded software
engineers, flight test engineers, industrial engineers, business
development managers, manufacturing engineers, operations engineers
and simulation engineers.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Corporate Information</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
Novume Solutions, Inc. was formed as a Delaware corporation in
February 6, 2017. Novume was formed for the purpose of facilitating
the business combination of Brekford and KSI through the Mergers,
and continuing thereafter to execute our business strategy
of</font> <font style="font-family: Times New Roman">acquiring,
creating and managing firms that aggregate highly-specialized,
difficult-to-find talent and have the scale and mass to deploy
these resources quickly and efficiently</font><font style="color: #000000">.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
Novume became the parent company of KeyStone and Brekford upon
consummation of the Mergers on August 28, 2017. As a result of the
Mergers, Novume also became the indirect parent company of AOC Key
Solutions, Firestorm and Novume Media. On October 1, 2017, Novume
expanded once again. We acquired Global upon completion of certain
merger transactions (the &#x201C;</font><font style="text-decoration: underline; color: #000000">Global
Mergers</font><font style="color: #000000">&#x201D;) pursuant to
that certain</font> Agreement and Plan of Merger by and among
Novume, Global Technical Services Merger Sub, Inc., a Delaware
corporation and a wholly owned subsidiary of Novume
(&#x201C;<font style="text-decoration: underline">GTS Merger
Sub</font>&#x201D;), Global Contract Professionals Merger Sub, Inc.,
a Delaware corporation and a wholly owned subsidiary of Novume
(&#x201C;<font style="text-decoration: underline">GCP Merger
Sub</font>&#x201D;), GTS, GCP, and the sole stockholder of GTS and
GCP. As a result of the Global Mergers, we became the parent
company of each of GTS and GCB, and each of GTS Merger Sub and GCP
Merger Sub was merged out of existence.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
The corporate history of Novume, however, began with the formation
AOC Key Solutions. AOC Key Solutions</font> was formed in 1983 and
has operated since that time as a consulting firm specializing in
proposal development, capture, and market strategy services for
government contractors. Through a corporate reorganization of AOC
Key Solutions in March 2016, KSI was formed and became its parent
company. The purpose was to enable KSI, as a holding company for
one or more subsidiaries, to expand in the government contracting
outsourced services business through both organic growth and
strategic acquisitions. AOC Key Solutions remained KSI&#x2019;s
principal subsidiary until the acquisition of Firestorm on
<font style="color: #000000">January&#xA0;25, 2017</font>. KSI
acquired Firestorm through the purchase of 100% of the membership
interests of each of Firestorm Franchising, LLC and Firestorm
Solutions, LLC, from the then holders of such membership interests.
The Mergers and the Global Mergers represent the continued
expansion of the combined entities now under the Novume brand.
Additionally, Novume formed Novume Media in December 2016, though
the entity was not operational until on or around February
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
Our principal executive offices are located at</font> <font style="color: #000000; background-color: #FFFFFF">14420 Albemarle Point
Place, Suite 200, Chantilly, VA 20151. Our telephone number is
(703)&#xA0;953-3838</font> <font style="color: #000000">and our web
site is www.novume.com. We have not incorporated the information on
our website by reference into this Reoffer Prospectus, and you
should not consider it to be part of this Reoffer
Prospectus.</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
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</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
NOTE REGARDING FORWARD-LOOKING STATEMENTS</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
In addition to historical information, this Reoffer Prospectus and
the documents incorporated by reference in this Reoffer Prospectus
contain &#x201C;forward-looking statements&#x201D; within the meaning
and protections of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended (the
&#x201C;</font><font style="text-decoration: underline; color: #000000">Exchange
Act</font><font style="color: #000000">&#x201D;). These
forward-looking statements are based on our management&#x2019;s
beliefs and assumptions and on information currently available to
our management. They include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause our actual
results, performance or achievements to be materially different
from future results, performance or achievements expressed or
implied by such forward-looking statements. All statements other
than statements of historical fact are statements that could be
forward-looking statements. You can identify these forward-looking
statements through the use of words such as &#x201C;may,&#x201D;
&#x201C;will,&#x201D; &#x201C;anticipate,&#x201D; &#x201C;assume,&#x201D;
&#x201C;should,&#x201D; &#x201C;indicate,&#x201D; &#x201C;would,&#x201D;
&#x201C;believe,&#x201D; &#x201C;contemplate,&#x201D;
&#x201C;expect,&#x201D; &#x201C;estimate,&#x201D;
&#x201C;continue,&#x201D; &#x201C;plan,&#x201D; &#x201C;project,&#x201D;
&#x201C;could,&#x201D; &#x201C;intend,&#x201D; &#x201C;target&#x201D; and
other similar words and expressions. Although we believe that we
have a reasonable basis for each forward-looking statement
contained and incorporated by reference included in this Reoffer
Prospectus, we caution you that these statements are based on
projections of the future that are subject to risks, uncertainties
and other factors that could cause actual results and the timing of
certain events to differ materially from future results expressed
or implied by such forward-looking statements. These
forward-looking statements may not be realized due to a variety of
factors, including, without limitation:</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">history of
incurring losses in some subsidiaries;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">difficulties in
remaining competitive in the markets the companies
serve;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
effects of future economic, business and market
conditions;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">difficulties in
successfully managing subsidiary businesses;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">difficulties in
achieving cost savings, operating efficiencies and new revenue
opportunities as a result of the Mergers and future acquisitions,
and the incurrence of unforeseen costs and expenses;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
uncertain effects of the Mergers and future acquisitions on
relationships with customers, employees and suppliers;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">consolidation in
the industries served by our subsidiaries;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">limitations on
subsidiaries&#x2019; ability to continue to develop, manufacture and
market innovative and useful products and services;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">Novume&#x2019;s
failure to realize anticipated benefits from other acquisitions or
the possibility that such acquisitions could adversely affect
Novume, and risks relating to the prospects for future
acquisitions;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
loss of key employees and the ability to retain and attract key
personnel, including technical and managerial
personnel;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">quarterly and
annual fluctuations in results of operations;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
inability to make necessary investments in research and
development;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">failure to
properly protect and enforce intellectual property rights and
proprietary technologies;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">costs
associated with potential intellectual property infringement claims
asserted by a third party;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">subsidiaries&#x2019;
exposure to product liability claims resulting from the use of
their products;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
loss of one or more of significant customers, or the diminished
demand for subsidiaries&#x2019; products or services;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">dependence on
contract services and manufacturing and outsourced supply chain, as
well as the costs of materials for subsidiaries&#x2019;
products;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
effects of war, terrorism, natural disasters or other catastrophic
events; and</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">other
risks and uncertainties, including those listed under the heading
&#x201C;Risk Factors&#x201D; in this information
statement/prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Given these uncertainties, prospective investors are cautioned not
to place undue reliance on forward-looking statements. All
forward-looking statements contained or incorporated by reference
herein are expressly qualified in their entirety by this cautionary
statement. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
Reoffer Prospectus. Except to the extent required by applicable
laws and regulations, we undertake no obligation to update these
forward-looking statements to reflect events or circumstances after
the date of this Reoffer Prospectus or to reflect the occurrence of
unanticipated events.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">3</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
RISK FACTORS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-style: italic; color: #000000">
An investment in our securities involves a high degree of
risk.</font> <font style="font-style: italic">You should consider
carefully the following risk factors and other information in this
Reoffer Prospectus relating to investments in our Common Stock,
including</font> <font style="font-style: italic; color: #000000">the risks, uncertainties and
assumptions discussed in the</font> <font style="font-style: italic">prospectus filed on August 4, 2017 pursuant to
Rule 424(b) under the Securities Act relating to the Registration
Statement on Form S-4, as amended (Registration
No.&#xA0;333-216014)</font><font style="font-style: italic; color: #000000">, all of which are
incorporated herein by reference and may be amended, supplemented
or superseded from time to time by other reports we file with the
SEC in the future.</font><font style="color: #000000">&#xA0;</font><font style="font-style: italic; color: #000000">Any prospectus supplement
applicable to an offering of our securities will contain a
discussion of the risks applicable to an investment in our
securities. Prior to making a decision about investing in our
securities, you should carefully consider the specific factors
discussed under the heading &#x201C;Risk Factors&#x201D; in the
applicable prospectus supplement, together with all of the other
information contained or incorporated by reference in the
prospectus supplement or appearing or incorporated by reference in
this Reoffer Prospectus.</font><font style="color: #000000">&#xA0;</font><font style="font-style: italic; color: #000000">The risks and uncertainties we
have described are not the only ones we face. Additional risks and
uncertainties not presently known to us or that we currently deem
immaterial may also affect our operations.</font><font style="color: #000000">&#xA0;</font><font style="font-style: italic; color: #000000">Our business, financial
condition or results of operations could be materially adversely
affected by any of these risks. The trading price of our securities
could decline due to any of these risks, and you may lose all or
part of your investment. This Reoffer Prospectus and the
incorporated documents also contain forward-looking statements that
involve risks and uncertainties. Our actual results could differ
materially from those anticipated in these forward-looking
statements as a result of certain factors, including the risks
mentioned elsewhere in this Reoffer Prospectus.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume may fail to realize the anticipated benefits of the Mergers
or the Global Mergers.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Mergers and the Global Mergers, and the prior acquisitions by
KSI, involve the integration of companies that have previously
operated independently. There can be no assurance that Novume will
not encounter significant difficulties in integrating these
independent operations or that the benefits expected from such
integration will be realized. In addition, the achievement of the
benefits expected from such integration will require Novume to
incur significant costs. The incurrence of any such costs, as well
as any unexpected costs or delays, in connection with such
integration, could have a material adverse effect on Novume&#x2019;s
business, operating results or financial condition.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
Novume is a holding company, has no direct operations.
Novume&#x2019;s subsidiaries generate the majority of the
organization&#x2019;s revenue and profit.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume was formed in February 2017 as a holding company. It has no
current business operations of its own. Its significant assets
reside within its direct and indirect subsidiaries, including
Brekford, AOC Key Solutions, Firestorm, Novume Media and Global.
The need by these companies to retain funds to meet their financial
obligations, or other restrictions on their ability to fund Novume,
may limit Novume&#x2019;s access to funds and restrict
Novume&#x2019;s ability to meet its dividend, redemption and
liquidation obligations in respect of Novume&#x2019;s Series A
Cumulative Convertible Redeemable Preferred Stock and Series B
Cumulative Convertible Redeemable Preferred Stock, and to pursue
its acquisition strategy or other strategic
objectives.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
The success of Novume&#x2019;s business depends, in part, on the
continued services of certain key personnel.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The success of Novume&#x2019;s business depends, in part, on the
continued services of certain members of its management. In
particular, the loss of the services of any of Robert A. Berman as
Chief Executive Officer and director of Novume, Harry Rhulen as
president of Novume, Richard Nathan as Chief Operating Officer and
director of Novume, Suzanne Loughlin as Chief Administrative
Officer and General Counsel of Novume, Carl Kumpf as Chief
Financial Officer of Novume, Riaz Latifullah as Executive Vice
President of Corporate Development of Novume, James McCarthy as
Chair of the Novume Board and Chief Strategy Officer of KeyStone,
Rodney Hillman as President/Chief Operating Officer of Brekford, or
Kenny Boner as President of Global Technical Services, Inc. and
Global Contract Professionals, Inc., could have a material adverse
effect on the business, results of operations, and financial
condition of Novume.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Certain of Novume&#x2019;s stockholders control a significant number
of shares of our Common Stock, and they may have effective control
over actions requiring stockholder approval.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s directors, executive officers and principal
stockholders, and their respective affiliates, beneficially own the
majority of the outstanding shares of our Common Stock. Notably,
Mr. Robert Berman, the CEO of KeyStone and Novume, has options to
purchase a significant portion of our Common Stock. As a result,
these stockholders, acting together, may have the ability to
control the outcome of matters submitted to our stockholders for
approval, including the election of directors and any merger,
consolidation or sale of all or substantially all of our
assets.&#xA0;In addition, these stockholders, acting together, have
the ability to control the management and affairs of Novume. To the
extent Mr. Berman exercises his options, his ability to control the
foregoing may increase substantially. Accordingly, this
concentration of ownership might harm the market price of our
Common Stock, warrants and/or shares of preferred stock
by:</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">delaying,
deferring or preventing a change in corporate control;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">impeding a merger,
consolidation, takeover or other business combination involving
Novume; or</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">discouraging a
potential acquirer from making a tender offer or otherwise
attempting to obtain control of Novume.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">4</font></div>
</div>
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<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume is subject to the Sarbanes-Oxley Act and is required to
maintain effective internal controls over financial reporting, and
if we do not do not comply with the requirements of the
Sarbanes-Oxley Act our business and stock price could be adversely
affected.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Section&#xA0;404 of the Sarbanes-Oxley Act of 2002 currently
requires public registrants to evaluate the effectiveness of their
internal controls over financial reporting at the end of each
fiscal year and to include a management report assessing the
effectiveness of its internal control over financial reporting in
all annual reports. In connection with the audit of KSI&#x2019;s
consolidated financial statements for the years ended
December&#xA0;31, 2016 and 2015, KSI&#x2019;s management concluded
that it had material weaknesses in its internal control because KSI
did not currently have adequately designed internal controls to
ensure the timely preparation and review of the accounting for
certain complex, non-routine transactions by those with appropriate
technical expertise, which was necessary to provide reasonable
assurance that its consolidated financial statements and related
disclosures would be prepared in accordance with GAAP. In addition,
KSI did not have adequately designed and documented financial close
and management review controls to properly detect and prevent
certain accounting errors and omitted disclosures in the footnotes
to the consolidated financial statements. Novume&#x2019;s management
is implementing a plan to remediate these material weaknesses but
there is no assurance that such plans, when enacted, will be
successful.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
As defined in the Standards of the Public Company Accounting
Oversight Board, a material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the registrant&#x2019;s annual or interim
consolidated financial statements will not be prevented or detected
on a timely basis. Novume is a smaller reporting company and
therefore is exempt from the auditor attestation requirement over
its internal control over financial reporting; however, to the
extent we do not qualify as a non-accelerated filer or smaller
reporting company in subsequent fiscal years, we will be subject to
the auditor attestation requirement under Section&#xA0;404(b) of
the Sarbanes-Oxley Act. In such an event, we may not be able to
complete the work required for such attestation on a timely basis
and, even if it timely completes such requirements, our independent
registered public accounting firm may still conclude that our
internal controls over financial reporting are not
effective.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Our management does not expect that Novume&#x2019;s internal
controls over financial reporting will prevent all errors and all
fraud. A control system, no matter how well designed and operated,
can provide only reasonable, not absolute, assurance that the
control system&#x2019;s objectives will be met. Further, the design
of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered
relative to their costs. Because of the inherent limitations in all
control systems, no evaluation of controls can provide absolute
assurance that all control issues and instances of fraud, if any,
have been or will be detected. These inherent limitations include
the realities that judgments in decision-making can be faulty and
that breakdowns can occur because of simple errors or mistakes.
Controls can also be circumvented by the individual acts of some
persons, by collusion of two or more people, or by management
override of the controls. The design of any system of controls is
based in part on certain assumptions about the likelihood of future
events, and we cannot assure you that any design will succeed in
achieving its stated goals under all potential future conditions.
Over time, Novume&#x2019;s controls may become inadequate because of
changes in conditions or deterioration in the degree of compliance
with policies or procedures. Because of the inherent limitations in
a cost-effective control system, misstatements due to error or
fraud may occur and not be detected.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
We may enter into a potential business combination with a target
that does not meet our general criteria and guidelines for mergers
or acquisitions and, as a result, the business combination may not
be as successful.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Although Novume has identified general criteria and guidelines for
evaluating prospective target businesses for merger or acquisition,
it is possible that a target business with which we enter into a
potential business combination will not have all of these positive
attributes. If Novume completes a potential business combination
with a target that does not meet some or all of these guidelines,
such combination may not be as successful as a combination with a
business that does meet all of the general criteria and
guidelines.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
Resources could be wasted in researching acquisitions that are not
completed, which could materially adversely affect subsequent
attempts to locate and acquire or merge with another
business.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume anticipates that the investigation of each specific target
business and the negotiation, drafting and execution of relevant
agreements, disclosure documents and other instruments will require
substantial management time and attention and substantial costs for
accountants, attorneys and others. If we decide not to complete a
potential business combination, the costs incurred up to that point
for the proposed transaction likely would not be recoverable.
Furthermore, if we reach an agreement relating to a specific target
business, we may fail to complete a potential business combination
for any number of reasons including those beyond our control. Any
such event will result in a loss to us of the related costs
incurred which could materially adversely affect subsequent
attempts to locate and acquire or merge with another
business.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
Novume may seek investment opportunities in industries outside of
our management&#x2019;s area of expertise.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume intends to focus on target businesses in industries that
complement its management team&#x2019;s backgrounds including
consulting for the procurement of government contracts. However, we
may also pursue acquisition opportunities in other markets.
Although our management will endeavor to evaluate the risks
inherent in any particular business combination candidate, we
cannot provide assurance that we will adequately ascertain or
assess all of the significant risk factors.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s strategy of growth through acquisitions could harm
our business.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
It is our intent to continue to grow through strategic
acquisitions. Successful integration of newly acquired target
companies may place a significant burden on our management and
internal resources. The diversion of management&#x2019;s attention
and any difficulties encountered in the transition and integration
processes could harm our business, financial condition and
operating results. In addition, we may be unable to execute our
acquisition strategy, resulting in under-utilized resources and a
failure to achieve anticipated growth. Novume&#x2019;s operating
results and financial condition will be adversely affected if we
are unable to achieve, or achieve on a timely basis, cost savings
or revenue opportunities from any future acquisitions, or incur
unforeseen costs and expenses or experience unexpected operating
difficulties from the integration of acquired
businesses.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s ability to successfully effect potential business
combinations and to be successful thereafter depends significantly
on the efforts of our key personnel. The loss of key personnel
could negatively impact the operations and profitability of our
post-combination business.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s ability to successfully effect business combinations
depends on the efforts of key personnel whose roles cannot
currently be ascertained. Although it is likely that key personnel
will remain in senior management or advisory positions following a
business combination, it is possible that some or all of the key
personnel in our combined or newly acquired businesses will not
remain in place. While Novume intends to closely scrutinize any
individuals we engage after a business combination, we cannot
provide assurance that our assessment of these individuals will
prove to be correct. These individuals may be unfamiliar with the
requirements of operating a company regulated by the SEC, which
could cause Novume to have to expend time and resources helping
them become familiar with such requirements and take time away from
oversight of its operations. Officers and directors of an
acquisition candidate may also resign upon completion of a
potential business combination. The departure of a potential
business combination target&#x2019;s key personnel could negatively
impact the operations and profitability of our post-combination
business. The role of an acquisition candidate&#x2019;s key
personnel upon the completion of a potential business combination
cannot be ascertained at this time.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume may have a limited ability to assess the management of a
prospective target business and, as a result, may effect a
potential business combination with a target business whose
management may not have the skills, qualifications or abilities to
manage a growing company.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
When evaluating the desirability of effecting a potential business
combination with a prospective target business, Novume&#x2019;s
ability to assess the target business&#x2019;s management may be
limited due to a limited period of personal exposure or a lack of
necessary resources or information. Our assessment of the
capabilities of the target&#x2019;s management, therefore, may prove
to be incorrect and such management may lack the skills,
qualifications or abilities that we anticipated. Should the
target&#x2019;s management not possess the skills, qualifications or
abilities necessary to properly manage the company, the operations
and profitability of the post-combination business may be
negatively impacted. Accordingly, any stockholders who choose to
remain stockholders following the business combination could suffer
a reduction in the value of their shares.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume may issue additional notes or other debt securities, or
otherwise incur substantial additional debt, to complete a business
combination, which may adversely affect Novume&#x2019;s leverage and
financial condition and thus negatively impact the value of our
stockholders&#x2019; investment in us.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The anticipated cash needs of Novume&#x2019;s business could change
significantly as we pursue and complete business acquisitions, if
our business plans change, if economic conditions change from those
currently prevailing or from those now anticipated, or if other
unexpected circumstances arise that may have a material effect on
the cash flow or profitability of our business. If we require
additional capital resources to grow our business, either
internally or through acquisition, we may seek to secure debt
financing. We may not be able to obtain financing arrangements in
amounts or on terms acceptable to us in the future.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
In connection with the acquisition of Firestorm, on
January&#xA0;25, 2017, KSI issued, and Novume has now assumed, four
five-year promissory notes, as follows: Lancer Financial Group,
Inc., in the amount of $500,000, Suzanne Loughlin, in the amount of
$166,666, Harry Rhulen, in the amount of $166,666, and James W.
Satterfield, in the amount of $166,666. Although we have no
commitments as of the date of this statement to issue any
additional notes or other debt securities, or to otherwise incur
additional outstanding debt, we may choose to incur substantial
debt to complete one or more other business combinations. The
incurrence of debt could have a variety of negative effects,
including:</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">default and
foreclosure on our assets if our operating revenues are
insufficient to repay our debt obligations;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">acceleration of
our obligations to repay the indebtedness even if it makes all
principal and interest payments when due if it breaches certain
covenants that require the maintenance of certain financial ratios
or reserves without a waiver or renegotiation of that
covenant;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">our
immediate payment of all principal and accrued interest, if any, if
the debt security is payable on demand;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">our
inability to obtain necessary additional financing if the debt
security contains covenants restricting its ability to obtain such
financing while the debt security is outstanding;</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">increased
vulnerability to adverse changes in general economic, industry and
competitive conditions and adverse changes in government
regulation; and</font></div>
<div style="text-align: left; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">limitations on our
ability to borrow additional amounts for expenses, capital
expenditures, acquisitions, debt service requirements, execution of
our strategy and other purposes and other disadvantages compared to
competitors who have less debt.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume may attempt to simultaneously complete business combinations
with multiple prospective targets, which may hinder our ability to
complete a business combination and give rise to increased costs
and risks that could negatively impact our operations and
profitability.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
In our attempts to simultaneously acquire several businesses that
are owned by different sellers, we may need each of such sellers to
agree that its purchase of its business is contingent on the
simultaneous closings of the other business combinations. With
multiple business combinations, we could also face additional
risks, including additional burdens and costs with respect to
possible multiple negotiations and due diligence investigations (if
there are multiple sellers) and the additional risks associated
with the subsequent assimilation of the operations and services or
products of the acquired companies in a single operating business.
If we are unable to adequately address these risks, it could
negatively impact our profitability and results of
operations.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Novume faces aggressive competition that can impact our ability to
obtain contracts and therefore affect our future revenues and
growth prospects.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s business areas are highly competitive, and we
compete with larger companies that have greater name recognition
and financial resources, as well as independent sole-proprietors
who sell themselves as having comparable services or
products.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The markets in which we and our subsidiaries operate are
characterized by rapidly changing technology, and the needs of our
clients change and evolve regularly. Accordingly, our success
depends on our (and our subsidiaries&#x2019;) ability to develop
products, services and solutions that address these changing needs
of their clients, and to provide people, products and technology
needed to deliver these products, services and solutions. To remain
competitive, we must consistently provide superior service,
products, technology and performance on a cost-effective basis to
our clients. Our competitors may be able to provide clients with
different or greater capabilities or technologies or better
contract terms than we can provide, including technical
qualifications, past contract experience, geographic presence,
price and the availability of qualified professional personnel.
Additionally, we anticipate that larger or new competitors or
alliances among competitors may emerge which may adversely affect
our ability to compete for new contracts.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
The U.S. government may adopt new contract rules and regulations or
revise its procurement practices in a manner adverse to us at any
time.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Many businesses, including those in the GovCon industry, have
experienced, and we expect will continue to experience, significant
changes to business practices as a result of an increased focus on
affordability, efficiencies and recovery of costs, among other
items. U.S. government agencies may face restrictions or pressure
regarding the type and amount of services that they may obtain from
private contractors. Legislation, regulations and initiatives
dealing with procurement reform, mitigation of potential conflicts
of interest, deterrence of fraud, and environmental responsibility
or sustainability, as well as any resulting shifts in the buying
practices of U.S. government agencies, such as increased usage of
fixed-price contracts, multiple award contracts and small business
set-aside contracts, could have adverse effects on government
contractors and the business development services we provide. Any
of these changes could impair our ability to obtain new support
contracts or renew our existing contracts when those contracts are
recompleted. Any new contracting requirements or procurement
methods could be costly or administratively difficult for us to
implement and could adversely affect its future revenues,
profitability and prospects, or alternatively may reduce the need
for government contractors to acquire our services.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Technology improvements and disruptions could diminish the need for
Novume&#x2019;s traditional services.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Based on recent technological developments, the market for
consultants has diminished and may continue to diminish. Some
companies are beginning to use the Internet to advertise for
different services, including experts for sale, anonymous authors
to complete certain proposal sections for an &#x201C;introductory
fee,&#x201D; and even buying entire proposals on-line, sometimes
from overseas vendors. The market trend seems to be that these
relatively unknown and unproven competitors are offering similar
types of services at extremely low prices. If this continues, the
demand for traditional consulting services may diminish, which may
adversely affect our revenues, results of operations and financial
condition.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
The spending cuts imposed by the Budget Control Act of 2011
(&#x201C;BCA&#x201D;) could impact Novume&#x2019;s operating results
and profit.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The U.S. government continues to focus on developing and
implementing spending, tax, and other initiatives to stimulate the
economy, create jobs, and reduce the deficit. One of these
initiatives, the BCA, imposed constraints around U.S. government
spending. In an attempt to balance decisions regarding defense,
homeland security, and other federal spending priorities, the BCA
imposed spending caps that contain approximately $487&#xA0;billion
in reductions to the Department of Defense base budgets over a
seven-year period (to 2021). Additionally, the BCA triggered an
automatic sequestration process, effective March&#xA0;1, 2013, that
would have reduced planned defense spending by an additional
$500&#xA0;billion over a nine-year period that began in the U.S.
government&#x2019;s 2013 fiscal year.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
The Bipartisan Budget Act of 2013 (&#x201C;</font><font style="text-decoration: underline; color: #000000">BBA
2013</font><font style="color: #000000">&#x201D;) passed by Congress
in December 2013 alleviated some budget cuts that would have
otherwise been instituted through sequestration in the U.S.
government&#x2019;s 2014 and 2015 fiscal years. On November&#xA0;2,
2015, President Obama signed into law the Bipartisan Budget Act of
2015 (&#x201C;</font><font style="text-decoration: underline; color: #000000">BBA
2015</font><font style="color: #000000">&#x201D;). BBA 2015 raises
the limit on the U.S. government&#x2019;s debt until March 2017 and
raises the sequester caps imposed by the BCA by $80&#xA0;billion,
split equally between defense and non-defense spending over the
next two years ($50&#xA0;billion in the U.S. government&#x2019;s
2016 fiscal year and $30&#xA0;billion in the U.S.
government&#x2019;s 2017 fiscal year).</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
On December&#xA0;18, 2015, the President signed into law the
Consolidated Appropriations Act of 2016, funding the government
through September&#xA0;30, 2016 and on February&#xA0;9, 2016, the
President submitted a budget proposal for the U.S.
government&#x2019;s 2017 fiscal year, consistent with BBA 2015
funding levels. BBA 2015 includes discretionary funding for
Department of Defense of approximately $580&#xA0;billion in the
U.S. government&#x2019;s 2016 fiscal year and $583&#xA0;billion in
the U.S. government&#x2019;s 2017 fiscal year. This funding includes
a base budget for the Department of Defense of approximately
$521&#xA0;billion in the U.S. government&#x2019;s 2016 fiscal year
and $524&#xA0;billion in the U.S. government&#x2019;s 2017 fiscal
year. BBA 2015 also provides approximately $59&#xA0;billion for
Department of Defense Overseas Contingency Operations (OCO)
spending in each of the U.S. government&#x2019;s 2016 and 2017
fiscal years.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
While BBA 2013 and BBA 2015 (collectively, the
&#x201C;</font><font style="text-decoration: underline; color: #000000">Bipartisan Budget
Acts</font><font style="color: #000000">&#x201D;), taken together,
increased discretionary spending limits through the U.S.
government&#x2019;s 2017 fiscal year, the Bipartisan Budget Acts
retained sequestration cuts for the U.S. government&#x2019;s 2018
through 2021 fiscal years, including the across-the-board spending
reduction methodology provided for in the BCA. As a result, there
remains uncertainty regarding how, or if, sequestration cuts will
be applied in the U.S. government&#x2019;s 2018 fiscal year and
beyond. Department of Defense and other agencies may have
significantly less flexibility in how to apply budget cuts in
future years. While the defense budget sustained the largest single
reductions under the BCA, other civil agencies and programs have
also been impacted by significant spending reductions. In light of
the BCA and deficit reduction pressures, and the recent change in
administrations, it is likely that discretionary spending by the
U.S. government will remain constrained for a number of
years.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
In September of 2017, the House and Senate passed a continuing
resolution which funds the government through December 8, 2017. The
debt limit was also temporarily suspended through December 8, 2017.
Permanent appropriations bills are currently under consideration by
committees in the House and Senate. The House is working off of a
total funding level that would significantly increase defense
spending and slightly reduce non-defense spending compared to last
year, while the Senate has adopted unofficial guidance that has an
overall spending level that is the same as FY 2017 but with
different allocations within that total. If an annual
appropriations bill is not enacted for the U.S. government&#x2019;s
2018 fiscal year or beyond, the U.S. government may operate under a
continuing resolution, abating RFP processes, restricting new
contract or program starts and government slowdowns, or even
shutdowns, could arise. The new administration has signaled an
intent to increase U.S. government defense, homeland security and
infrastructure spending and to decrease spending in other areas
such as housing, foreign assistance and environmental programs,
however, there is no guarantee these changes will take place.
Novume anticipates there will continue to be significant debate
within the U.S. government over spending throughout the budget
appropriations process for the U.S. government&#x2019;s 2018 fiscal
year and beyond. The outcome of these debates and the volume of
RFPs issued by the U.S. government could have long-term impacts for
our industry and for us, including that we may not have sufficient
resources to handle any increase in demand for
services.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Since we generate most of our revenues from clients that bid on
contracts with U.S. government agencies, our operating results
could be adversely affected by spending caps or changes in the
budgetary priorities of the U.S. government, as well as by delays
in RFP processes, program starts or the award of contracts or task
orders under contracts.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Consolidation of Novume&#x2019;s client base could lead to less
demand for our services.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
AOC Key Solutions has witnessed a variety of transactions impacting
its client base: CACI acquired L-3&#x2019;s National Security
Solutions business unit for $550&#xA0;million; Harris Corporation
acquired Exelis, Inc. for $4.7&#xA0;billion; Science Applications
International Corporation (&#x201C;</font><font style="text-decoration: underline; color: #000000">SAIC</font><font style="color: #000000">&#x201D;)
acquired Scitor Corporation from Leonard Green Partners for
$790&#xA0;million; The Carlyle Group acquired Novetta Solutions
from Arlington Capital; and Computer Sciences Corporation
(&#x201C;</font><font style="text-decoration: underline; color: #000000">CSC</font><font style="color: #000000">&#x201D;) split its public sector business from its
commercial and international business (the public sector business
then merged with SRA International to form CSRA, Inc. the largest
professional services firm to the U.S. government). This
consolidation of AOC Key Solutions&#x2019;s client base could lead
to less demand for its services.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Due to the competitive process to obtain contracts and an increase
in bid protests, Novume may be unable to achieve or sustain revenue
growth and profitability.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
Novume expects that a majority of the business that AOC Key
Solutions seeks in the foreseeable future will be under service
agreements awarded to clients through a competitive bidding
process, including Indefinite Delivery/Indefinite Quantity
(&#x201C;</font><font style="text-decoration: underline; color: #000000">ID/IQ</font><font style="color: #000000">&#x201D;)
contracts. The U.S. government has increasingly relied on contracts
that are subject to a competitive bidding process, which has
resulted in greater competition and increased pricing pressure. As
a result, there is a tendency for it to place undue emphasis on low
price over technical merit when selecting contractors. This in turn
can result in the U.S. government contracts market attracting
extremely low-priced competitors who see certain consulting
products and services as mere &#x201C;commodities&#x201D; and price
accordingly. Government contractors may decide that they can
prepare their bid responses with internal resources and not engage
outside organizations to assist this process.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The competitive bidding process involves substantial costs and a
number of risks, including significant cost and managerial time to
prepare bids and proposals for contracts that may not be awarded to
AOC Key Solutions&#x2019;s clients, and therefore puts our
reputation at risk and may affect our future contracts with these
clients, or that may be awarded but for which our customers do not
receive meaningful task orders which might make them less likely to
bid for additional task orders. For support contracts awarded to
AOC Key Solutions, we also face the risk of inaccurately estimating
the resources and costs that will be required to fulfill these
engagements, which also could impact its reputation and the
likelihood of getting additional engagements for capture and
proposal support.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; font-style: italic; color: #000000">
A reduction in national or global economic activity, and,
specifically a reduction of economic activity in the key industries
in which we provide services, may harm our business and financial
condition.</font><font style="color: #000000">&#xA0;&#xA0;&#xA0;&#xA0;</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000; font-family: Times New Roman">
The demand for our services, in particular
our&#xA0;staffing&#xA0;services, is highly dependent upon the state
of the economy and upon the&#xA0;staffing&#xA0;needs of the our
clients. Global is particularly dependent on the U.S. aerospace and
defense industry. Its</font> <font style="color: #000000">key
strength and revenue driver is the provision of experienced,
specialized personnel in this sector. The U.S. aerospace and
defense sector has experienced growth in 2016 and 2017 (to date),
but there is no assurance that such growth will be sustained.
If</font> <font style="color: #000000; background-color: #FFFFFF">government military
spending declines</font> <font style="color: #000000">or if the
commercial aerospace subsector experiences a downturn, or both,
there may be a reduced need for Global&#x2019;s staffing services
and Global&#x2019;s</font> <font style="color: #000000; font-family: Times New Roman">operational results
may be adversely affected. This, in turn, could adversely affect
Novume&#x2019;s operational results and financial
condition.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
AOC Key Solutions&#x2019;s business is directly tied to the success
of its government contracting clients, which are increasingly
reliant on ID/IQ contracts. ID/IQ contracts are not firm orders for
services, and we may generate limited or no revenue from these
contracts which could adversely affect its operating
performance.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
ID/IQ contracts are typically awarded to multiple contractors, and
the award of an ID/IQ contract does not represent a firm order for
services. Generally, under an ID/IQ contract, the government is not
obligated to order a minimum of services or supplies from its
contractor, irrespective of the total estimated contract value. In
effect, an ID/IQ award acts as a &#x201C;hunting license,&#x201D;
permitting a contractor to bid on task orders issued under the
ID/IQ contract, but not guaranteeing the award of individual task
orders. Following an award under a multi-award ID/IQ program, the
customer develops requirements for task orders that are
competitively bid against all of the contract awardees. However,
many contracts also permit the U.S. government to direct work to a
specific contractor. Novume&#x2019;s clients may not win new task
orders under these contracts for various reasons, including price,
past performance and responsiveness, among others. We support our
government contractor clients both when they compete to get the
umbrella ID/IQ contract and subsequently when Novume helps the
winners of those contracts compete for individual tasks. The
proposals for both of these stages can be relatively brief and
require quick turn-arounds, thus potentially reducing some
opportunities to be awarded significant turn-key engagements. While
it is possible that the increased importance of winning the
umbrella ID/IQ contract will prompt clients to hire outside firms
to prepare their proposals, it is also likely that government
contractors will decide to prepare ID/IQ proposals without the
assistance from outside experts.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-style: italic; font-family: Times New Roman; font-size: 13px">
Increased reliance on task order responses as the preferred method
of proposal submission may significantly and adversely affect
Novume&#x2019;s future revenues, cash flow and financial
results.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The U.S. government sometimes makes use of abbreviated (miniature)
submissions to a solicitation by requiring a task order response
rather than a full proposal, especially for ID/IQ contracts. Task
Order Responses (TORs) as a rule tend to be relatively brief and
have a short response period (often 10 days). These reduced page
counts and shorter response times reduce the need for
Novume&#x2019;s traditional services, and if TORs become more of a
standard for the U.S. government, this could adversely impact
Novume&#x2019;s operations, cash flow and financial
results.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">8</font></div>
</div>
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</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-style: italic; color: #000000; font-family: Times New Roman; font-size: 13px">
Novume&#x2019;s business could be negatively impacted by cyber and
other security threats or disruptions.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume and our subsidiaries face various cyber and other security
threats, including attempts to gain unauthorized access to
sensitive information and networks; insider threats; threats to the
safety of our directors, officers and employees; threats to the
security of our facilities and infrastructure; and threats from
terrorist acts or other acts of aggression. Clients and partners
(including subcontractors and joint ventures) face similar threats.
Although we use various procedures and controls to monitor and
mitigate the risk of these threats, there can be no assurance that
these procedures and controls will be sufficient. These threats
could lead to losses of sensitive information or capabilities, harm
to personnel, infrastructure or products, and/or damage to our
reputation as well as its partners&#x2019; ability to
perform.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Cyber threats are evolving and include, but are not limited to,
malicious software, destructive malware, attempts to gain
unauthorized access to data, disruption or denial of service
attacks, and other electronic security breaches that could lead to
disruptions in mission critical systems, unauthorized release of
confidential, personal or otherwise protected information (ours or
that of our employees, customers or partners), and corruption of
data, networks or systems. In addition, Novume could be impacted by
cyber threats or other disruptions or vulnerabilities found in
products we use or in our partners&#x2019; or customers&#x2019;
systems that are used in connection with Novume&#x2019;s business.
These threats, if not prevented or effectively mitigated, could
damage our reputation, require remedial actions and lead to loss of
business, regulatory actions, potential liability and financial
losses.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Novume provides services to various customers (commercial and
occasionally government) who also face cyber threats.
Novume&#x2019;s services may themselves be subject to cyber threats
and/or they may not be able to detect or deter threats, or
effectively to mitigate resulting losses. These losses could
adversely affect our customers and us.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The impact of these factors is difficult to predict, but one or
more of them could result in the loss of information or
capabilities, harm to individuals or property, damage to our
reputation, loss of business, regulatory actions and potential
liability, any one of which could have a material adverse effect on
our financial position, results of operations and/or cash
flows.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">9</font></div>
</div>
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</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
USE OF PROCEEDS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders will receive all of the proceeds from
the resale of the Shares that may be sold using this Reoffer
Prospectus. We will not receive any of the proceeds from the resale
of these Shares.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
SELLING SECURITYHOLDERS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
This Reoffer Prospectus relates to the reoffer and resale of
927,074 Shares by the Selling Securityholders named below, who have
or may acquire such Shares upon the vesting (if applicable) and
proper exercise of Novume Options. The Selling Securityholders may
resell all, a portion or none of such Shares from time to
time.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
The Selling Securityholders include, among others, such persons
who, prior to the Mergers, were named executive officers, directors
or significant employees of KSI or Brekford, or who are otherwise
directors or officers of the Company or its subsidiaries. In
connection with the Mergers, the holders of KSI Options granted to
such holders under the KSI</font> <font style="color: #000000; background-color: #FFFFFF">2016 Plan received
Novume Options under our 2017 Plan. Similarly,</font> <font style="color: #000000">holders of Brekford Options granted to such
holders under Brekford&#x2019;s 2008 Plan</font> <font style="color: #000000; background-color: #FFFFFF">received Novume Options
under our 2017 Plan</font><font style="color: #000000">. We note
that two former directors of Brekford, Mssrs. West and Ellis, who
are named below as Selling Securityholders, are not now providing
services to the Company but were otherwise entitled to receive
Novume Options in consideration for the Mergers.</font>
<font style="color: #000000; background-color: #FFFFFF">Awards
under the 2017 Plan are available only to persons providing
services to Novume, as described therein; accordingly,</font>
<font style="color: #000000">Mssrs. West and Ellis each received
the Novume Options were not granted outside of the 2017 Plan,
pursuant to certain Non-Qualified Stock Option Grant Agreements
dated September 27, 2017.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The following table sets forth, with respect to each Selling
Securityholder, based upon information available to us as of
October 6, 2017 (1) the number of shares of our Common Stock
beneficially owned as of such date; (2) the number of Shares that
may be sold pursuant to this Reoffer Prospectus (i.e., the number
of shares underlying all Awards granted to such Selling
Securityholder under the 2017 Plan); and (3) the number and percent
of the 14,308,784 outstanding shares of our Common Stock as of
October 6, 2017 beneficially owned by such Selling Securityholder
after the offering, assuming the sale by such Selling
Securityholder of all of such Selling Securityholder&#x2019;s
Shares. The outstanding number does not include any shares of
treasury stock.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="text-align: left; font-family: Times New Roman; margin: 0px auto 0px 0px; width: 100%; font-size: 13px;">
<tr style="">
<td rowspan="1" style="vertical-align: bottom; width: 51%; border-top: 1px solid rgb(0, 0, 0);">
<div style="margin-left:0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="1" rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 1px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font><font style="text-align: center; vertical-align: bottom; width: 80%; display: inline-block; padding-bottom: 2px;">
<div><font style="font-size:13px;font-family:Times New Roman;">&#xA0;</font></div>
</font><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font></div>
</td>
<td colspan="1" rowspan="1" style="vertical-align: bottom; width: 12%; border-top: 1px solid rgb(0, 0, 0);">
<div><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font><font style="text-align: center; vertical-align: bottom; width: 80%; display: inline-block; padding-bottom: 2px;">
<div><font style="font-size:13px;font-family:Times New Roman;">&#xA0;</font></div>
</font><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font></div>
</td>
<td colspan="3" rowspan="1" style="vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); width: 25%;">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; border-bottom: 2px solid rgb(0, 0, 0);"><font>&#xA0;</font> <font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
Shares of Common Stock Beneficially Owned after</font> <font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
Offering (2)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%;">
<div style="border-bottom: 2px solid rgb(0, 0, 0);">
<div>
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Name
of Selling</font></div>
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Securityholder</font></div>
</div>
</div>
</td>
<td colspan="1" style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font><font style="text-align: center; vertical-align: bottom; width: 80%; display: inline-block; border-bottom: 2px solid rgb(0, 0, 0);">
<div><font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
Shares of Common Stock</font></div>
<div><font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
Beneficially Owned Prior</font></div>
<div><font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
to Offering (1)</font></div>
</font><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font></div>
</td>
<td colspan="1" style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font><font style="text-align: center; vertical-align: bottom; width: 80%; display: inline-block; border-bottom: 2px solid rgb(0, 0, 0);">
<div><font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
Shares of Common</font></div>
<div><font style="font-size: 13px; font-family: Times New Roman; color: rgb(0, 0, 0);">
Stock to be Sold</font></div>
</font><font style="text-align: left; vertical-align: bottom; width: 10%; display: inline-block; padding-bottom: 2px;">&#xA0;</font></div>
</td>
<td colspan="1" style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent: 0px; margin-right: 0px; margin-left: 0px; border-bottom: 2px solid rgb(0, 0, 0);"><font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
Number</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td colspan="1" style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent: 0px; margin-right: 0px; margin-left: 0px; border-bottom: 2px solid rgb(0, 0, 0);"><font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
Percent</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Harry
Rhulen</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">526,043</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(3)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">155,195</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(4)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="text-align: center; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">&#xA0;&#xA0; 526,043</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">3.6%</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:-24px;margin-right:0px;margin-left:24px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;
Carl Kumpf</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">19,399</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(5)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">174,595</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(6)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;
-<br></font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Riaz
Latifullah</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">72,748</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(7)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">174,595</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(8)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;-</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Suzanne
Loughlin</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">526,043</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(3)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">155,195</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(9)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">526,043</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">3.6%</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Paul
de Bary</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(10)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(10)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;-</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Glenn
Goord</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(11)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(11)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;-</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Christine
Harada</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(12)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">48,499</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(12)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;-</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">James
Satterfield</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">526,043</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(3)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">96,997</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(13)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">526,043</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">3.7%</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: bottom; width: 51%;">
<div style="text-align: left; text-indent:12px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Robert
West</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">35,053</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(14)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">&#xA0;</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:5%;font-size:13px;">&#xA0;</font><font style="text-align: right; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:75%;font-size:13px;">15,000</font><font style="text-align: left; color:#000000;font-family:Times New Roman;vertical-align:bottom;display:inline-block;width:10%;font-size:13px;">(15)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">&#xA0;
20,053</font></div>
</td>
<td style="width: 1%;">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%;">
<div style="text-align: center; text-indent:0px;margin-right:0px;margin-left:0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">*</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: bottom; width: 51%; border-bottom: 1px solid rgb(0, 0, 0);">
<div style="text-align: left; text-indent: 12px; margin-right: 0px; margin-left: 0px;"><font style="color: #000000; font-family: Times New Roman; font-size: 13px">Steve
Ellis</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 1px solid rgb(0, 0, 0);">
<div><font style="text-align: left; color: rgb(0, 0, 0); font-family: Times New Roman; vertical-align: bottom; display: inline-block; width: 10%; font-size: 13px;">&#xA0;</font><font style="text-align: left; color: rgb(0, 0, 0); vertical-align: bottom; display: inline-block; width: 5%; font-family: Times New Roman; font-size: 13px;">&#xA0;</font><font style="text-align: right; color: rgb(0, 0, 0); vertical-align: bottom; display: inline-block; width: 75%; font-family: Times New Roman; font-size: 13px;">10,333</font><font style="text-align: left; color: rgb(0, 0, 0); font-family: Times New Roman; vertical-align: bottom; display: inline-block; width: 10%; font-size: 13px;">(16)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 1px solid rgb(0, 0, 0);">
<div><font style="text-align: left; color: rgb(0, 0, 0); font-family: Times New Roman; vertical-align: bottom; display: inline-block; width: 10%; font-size: 13px;">&#xA0;</font><font style="text-align: left; color: rgb(0, 0, 0); vertical-align: bottom; display: inline-block; width: 5%; font-family: Times New Roman; font-size: 13px;">&#xA0;</font><font style="text-align: right; color: rgb(0, 0, 0); vertical-align: bottom; display: inline-block; width: 75%; font-family: Times New Roman; font-size: 13px;">10,000</font><font style="text-align: left; color: rgb(0, 0, 0); font-family: Times New Roman; vertical-align: bottom; display: inline-block; width: 10%; font-size: 13px;">(17)</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 1px solid rgb(0, 0, 0);">
<div style="text-align: center; text-indent:0px;margin-right:0px;padding-bottom:2px;margin-left:0px;">&#xA0;&#xA0; &#xA0; &#xA0; <font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
333</font></div>
</td>
<td style="width: 1%; border-bottom: 1px solid rgb(0, 0, 0);">
<div><font>&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 12%; border-bottom: 1px solid rgb(0, 0, 0);">
<div style="text-align: center; text-indent:0px;margin-right:0px;padding-bottom:2px;margin-left:0px;"><font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
*</font></div>
</td>
</tr></table>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
&#xA0;* Less than 1%</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(1) The
number of shares beneficially owned is determined under rules
promulgated by the SEC and includes (i) outstanding shares of
Common Stock and (ii) options to purchase Common Stock that have
vested or will vest within 60 days of October 6, 2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(2)
Assumes (i) that all shares of Common Stock registered hereunder
are sold, and (ii) total issued and outstanding shares of Common
Stock of 14,308,784.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
(3) Represents 315,625 outstanding shares of Common Stock, and
105,209 shares of Common Stock issuable upon the exercise of
outstanding warrants to purchase shares of Common Stock at $2.5774
per share, and 105,209 shares of Common Stock issuable upon
exercise of outstanding warrants to purchase shares of Common Stock
at $3.6084 per share. This figure does not include 155,195 Shares
issuable upon the exercise of Novume Options granted under the 2017
Plan that have not vested and may not vest within 60 days</font> of
October 6, 2017.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">10</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
(4) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for KSI
Options previously granted under the KSI 2016 Plan in connection
with his employment as President of KSI</font>. Mr. Rhulen&#x2019;s
employment agreement with KSI was assumed by Novume upon
consummation of the Mergers, and he now serves as <font style="color: #000000">President</font> of Novume. The Novume
O<font style="background-color: #FFFFFF">ptions vest in 24
successive monthly installments beginning on the first anniversary
of January 25, 2017, which was the original grant date of the KSI
Options.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(5) Represents Shares underlying Novume Options exercisable at a
price of $1.6753 per share, granted under the 2017 Plan. These
Novume Options were issued to Mr. Kumpf in connection with his
employment as Chief Financial Officer of the Company. This figure
does not include 155,196 shares of our Common Stock underlying
Novume Options granted under the 2017 Plan that have not yet vested
and may not vest within 60 days of October 6, 2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(6) Represents Shares underlying Novume Options exercisable at a
price of $1.6753 per share, granted under the 2017 Plan. The
options began vesting on August 28, 2017 and will continue to vest
in equal monthly installments over the following 36 months. The
options were issued to Mr. Kumpf in connection with his employment
as Chief Financial Officer of the Company.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(7) Represents Shares underlying Novume Options exercisable at a
price of $1.4176 per share, granted under the 2017 Plan. This
figure does not include 101,847 shares of our Common Stock
underlying Novume Options granted under the 2017 Plan that have not
yet vested and may not vest within 60 days of October 6,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
(8) Represents Novume Options exercisable at a price of $1.4176 per
share, granted under the 2017 Plan. These Novume Options were
received by the holder in exchange for KSI Options previously
granted under the KSI 2016 Plan in connection with his employment
as Chief Financial Officer of KSI</font>. Mr. Latifullah&#x2019;s
employment agreement with KSI was assumed, and amended and
restated, by Novume upon consummation of the Mergers. He now serves
as <font style="color: #000000">Executive Vice President, Corporate
Development,</font> of Novume. The Novume <font style="background-color: #FFFFFF">Options vest in 24 successive monthly
installments beginning on March 1, 2017, which was the original
vesting start date of the KSI Options.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
(9) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for options
previously granted under the KSI 2016 Plan in connection with her
employment as General Counsel and Chief Administrative Officer of
KSI</font>. Ms. Loughlin&#x2019;s employment agreement with KSI was
assumed by Novume upon consummation of the Mergers, and she now
serves as <font style="color: #000000">General Counsel and Chief
Administrative Officer</font> of Novume. The Novume O<font style="background-color: #FFFFFF">ptions vest in 24 successive monthly
installments beginning on the first anniversary of January 25,
2017, which was the original grant date of the KSI
Options.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(10) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.5464 per share, granted under the 2017
Plan. These Novume Options were received by the holder in exchange
for options previously granted under the KSI 2016 Plan in
connection with his being a director of KSI. Mr. de Bary is now a
director of Novume.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(11) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.2887 per share, granted under the 2017
Plan. These Novume Options were received by the holder in exchange
for options previously granted under the KSI 2016 Plan in
connection with his being a director of KSI. Mr. Goord is now a
director of Novume.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(12) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.6753 per share, granted under the 2017
Plan. Ms. Harada is a director of Novume.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
(13) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for KSI
Options previously granted under the KSI 2016 Plan in connection
with his employment as President and Chief Executive Officer of
Firestorm Solutions, LLC and Firestorm Franchising, LLC prior to
the Mergers</font>. Mr. Satterfield continues to serve in such
capacity after the Mergers. The Novume O<font style="background-color: #FFFFFF">ptions vest in 24 successive monthly
installments beginning on the first anniversary of January 25,
2017, which was the original grant date of the KSI
Options.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="background-color: #FFFFFF">
(14)</font> <font style="color: #000000">Includes (i) 20,053
outstanding shares of Common Stock; (ii) 5,000 Shares
underlying</font> Novume Options with a strike price of $3.00 per
share, expiring December 31, 2017; (iii) 5,000 <font style="color: #000000">Shares underlying</font> Novume Options with a
strike price of $3.60 per share, expiring February 28, 2018; and
(iv) 5,000 <font style="color: #000000">Shares underlying</font>
Novume Options with a strike price of $1.80 per share, expiring
December 31, 2017<font style="color: #000000">. The Novume Options
were received by the holder in exchange for Brekford Options
previously granted under the Brekford 2008 Plan in connection with
his membership on Brekford&#x2019;s board of directors prior to the
Mergers. Mr. West is no longer a director of
Brekford.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="background-color: #FFFFFF">
(15)</font> <font style="color: #000000">Represents (i) 5,000
Shares underlying</font> Novume Options with a strike price of
$3.00 per share, expiring December 31, 2017; (ii) 5,000
<font style="color: #000000">Shares underlying</font> Novume
Options with a strike price of $3.60 per share, expiring February
28, 2018; and (iii) 5,000 <font style="color: #000000">Shares
underlying</font> Novume Options with a strike price of $1.80 per
share, expiring December 31, 2017<font style="color: #000000">. The
Novume Options were received by the holder in exchange for Brekford
Options previously granted under the Brekford 2008 Plan in
connection with his membership on Brekford&#x2019;s board of
directors prior to the Mergers. Mr. West is no longer a director of
Brekford.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="background-color: #FFFFFF">
(16)</font> <font style="color: #000000">Includes (i) 333
outstanding shares of Common Stock; (ii) 5,000 Shares
underlying</font> Novume Options with a strike price of $3.60 per
share, expiring February 28, 2018; and (iii) 5,000 <font style="color: #000000">Shares underlying</font> Novume Options with a
strike price of $1.80 per share, expiring December 31,
2017<font style="color: #000000">. The Novume Options were received
by the holder in exchange for Brekford Options previously granted
under the Brekford 2008 Plan in connection with his membership on
Brekford&#x2019;s board of directors prior to the Mergers. Mr. Ellis
is no longer a director of Brekford.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="background-color: #FFFFFF">
(17)</font> <font style="color: #000000">Represents (i) 5,000
Shares underlying</font> Novume Options with a strike price of
$3.60 per share, expiring February 28, 2018; and (ii) 5,000
<font style="color: #000000">Shares underlying</font> Novume
Options with a strike price of $1.80 per share <font style="color: #000000">expiring December 31, 2017. The Novume Options
were received by the holder in exchange for Brekford Options
previously granted under the Brekford 2008 Plan in connection with
his membership on Brekford&#x2019;s board of directors prior to the
Mergers. Mr. Ellis is no longer a director of
Brekford.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">11</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
PLAN OF DISTRIBUTION</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders, and any of their pledgees, donees,
transferees, assignees and successors-in-interest may, from time to
time, sell any or all of the Shares covered by this Reoffer
Prospectus on any stock exchange, market or trading facility on
which our Shares of Common Stock are traded or in private
transactions. Registration of the securities covered by this
Reoffer Prospectus does not mean, however, that those securities
will necessarily be offered or sold. Any such sales may be at fixed
or negotiated prices. We will pay all fees and expenses incurred in
connection with the registration of the Shares, and we will pay any
brokerage or underwriting commissions or discounts or other
expenses relating to the sale of the Shares.&#xA0; The payments of
such expenses and other costs will be deemed as income to the
Selling Securityholders.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders may sell the securities separately or
together using any one or more of the following
methods:</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">ordinary brokerage
transactions and transactions in which th broker-dealer solicits
investors;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">block trades in
which the broker-dealer will attempt to sell the Shares as agent
but may position and resell a portion of the block as principal to
facilitate the transaction;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">purchases by a
broker-dealer as principal and resale by the broker-dealer for its
own account;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">an exchange
distribution in accordance with the rules of the applicable
exchange;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">privately
negotiated transactions;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">to cover short
sales;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">broker-dealers may
agree with the Selling Securityholders to sell a specified number
of Shares at a stipulated price per share;</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">a combination of
any of such methods of sale; and</font></div>
</div>
</div>
<div style="margin-left: 24px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 24px">
<font style="color: #000000; font-size: 13px">&#x25CF;</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">any other method
permitted by applicable law.</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Selling Securityholders may also sell Shares under Rule 144, if
any such sale is eligible under the safe harbor, rather than under
our Reoffer Prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Unless
otherwise prohibited, the Selling Securityholders may enter into
hedging transactions with broker-dealers or other financial
institutions in connection with distributions of the Shares or
otherwise. In such transactions, broker- dealers or financial
institutions may engage in short sales of the Shares in the course
of hedging the position they assume with a Selling Securityholder.
The Selling Securityholders may also engage in short sales, puts
and calls, forward-exchange contracts, collars and other
transactions in our securities and may sell or deliver Shares in
connection with these trades. If a Selling Securityholder sells
Shares short, he or she may redeliver the Shares to close out such
short positions. The Selling Securityholders may also enter into
option or other transactions with broker-dealers or financial
institutions which require the delivery to the broker-dealer or the
financial institution of the Shares. The broker-dealer or financial
institution may then resell or otherwise transfer such Shares
pursuant to this Reoffer Prospectus. In addition, the Selling
Securityholder may loan his or her Shares to broker-dealers or
financial institutions who are counterparties to hedging
transactions and the broker-dealers, financial institutions or
counterparties may sell the borrowed Shares into the public market.
A Selling Securityholder may also pledge Shares to his or her
brokers or financial institutions and under the margin loan the
broker or financial institution may, from time to time, offer and
sell the pledged Shares. To our knowledge, no Selling
Securityholder has entered into any agreements, understandings or
arrangements with any underwriters, broker-dealers or financial
institutions regarding the sale of his or her Shares other than
ordinary course brokerage arrangements, nor are we aware of any
underwriter or coordinating broker acting in connection with the
proposed sale of Shares by a Selling Securityholder.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
Selling Securityholders and any broker-dealers or agents that are
involved in the sale and distribution of the Shares may be deemed
to be &#x201C;underwriters&#x201D; within the meaning of the
Securities Act in connection with such sales. In such event, any
commissions received by such broker-dealers or agents and any
profit on the resale of the Shares purchased by them may be deemed
to be underwriting commissions or discounts under the Securities
Act. Discounts, concessions, commissions and similar selling
expenses, if any, that can be attributed to the sale of the Shares
will be paid by the Selling Securityholder and/or the
purchasers.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
Selling Securityholders and any other person participating in such
distribution will be subject to applicable provisions of the
Exchange Act, and the rules and regulations thereunder, including,
without limitation, Regulation M of the Exchange Act, which may
limit the timing of purchases and sales of any of the Shares by the
Selling Securityholders and any other participating person.
Regulation M may also restrict the ability of any person engaged in
the distribution of the Shares to engage in market-making
activities with respect to the Shares. All of the foregoing may
affect the marketability of the Shares and the ability of any
person or entity to engage in market-making activities with respect
to the Shares.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">We have
advised the Selling Securityholders that, at the time a resale of
the Shares is made by or on behalf of a Selling Securityholder, a
copy of this reoffer prospectus is to be delivered.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">12</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
LEGAL MATTERS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Crowell &amp; Moring LLP, Washington, D.C., counsel to Novume, will
issue a legal opinion concerning the validity of the securities
offered hereby.&#xA0; Additional legal matters may be passed on for
us, or any underwriters, dealers or agents, by counsel we will name
in the applicable prospectus supplement.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
EXPERTS</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">
The consolidated financial statements of Brekford as of
December&#xA0;31, 2016 and December&#xA0;31, 2015, and for each of
the two years in the period ended December&#xA0;31, 2015,
incorporated by reference in this Reoffer Prospectus by reference
to our</font> Prospectus (the &#x201C;<font style="text-decoration: underline">Merger Prospectus</font>&#x201D;) filed
on August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No.&#xA0;333-216014), <font style="color: #000000">have been so included in reliance on the reports
of independent registered public accounting firms, BD&#xA0;&amp;
Company, Inc. (&#x201C;</font><font style="text-decoration: underline; color: #000000">BD&#xA0;&amp;
Company</font><font style="color: #000000">&#x201D;) during fiscal
year 2016 and Stegman&#xA0;&amp; Company during fiscal year 2015,
given on the authority of said firms as experts in auditing and
accounting.</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
BD&#xA0;&amp; Company, independent registered public accounting
firm, has audited the consolidated financial statements of KSI and
its subsidiaries as of and for each of the years ended
December&#xA0;31, 2016 and 2015, as set forth in their report.
Novume has incorporated by reference to the Merger Prospectus the
consolidated financial statements of KSI and its subsidiaries in
reliance on BD&#xA0;&amp; Company&#x2019;s report, given on their
authority as experts in accounting and auditing.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
BD&#xA0;&amp; Company, independent auditors, has audited the
combined financial statements of Firestorm as of and for the years
ended December&#xA0;31, 2016 and 2015, as set forth in their
report. Novume has incorporated by reference to the Merger
Prospectus the combined financial statements of Firestorm in
reliance on BD&#xA0;&amp; Company&#x2019;s report, given on their
authority as experts in accounting and auditing.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Such consolidated financial statements are incorporated herein by
reference in reliance upon such reports given on the authority of
such firms as experts in accounting and auditing.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
WHERE YOU CAN FIND MORE INFORMATION</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
We file annual, quarterly and current reports, proxy statements and
other information with the SEC. You may read and copy any document
we file at the SEC&#x2019;s Public Reference Room at 100 F Street,
N.E., Washington, D.C. 20549. You can request copies of these
documents by writing to the SEC and paying a fee for the copying
cost. Please call the SEC at 1-800-SEC-0330 for more information
about the operation of the public reference room. The SEC also
maintains an Internet site that contains reports, proxy and
information statements, and other information regarding issuers,
like us, who file electronically with the SEC. The address of the
site is http://www.sec.gov.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
In addition, we maintain a website that contains information,
including copies of reports, proxy statements and other information
we file with the SEC. The address of our website is www.novume.com.
Information contained on our website or that can be accessed
through our website does not constitute a part of this Reoffer
Prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
INFORMATION INCORPORATED BY REFERENCE</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The SEC allows us to incorporate by reference the information we
file with it, which means that we can disclose important
information to you by referring you to another document that we
have filed separately with the SEC. You should read the information
incorporated by reference because it is an important part of this
Reoffer Prospectus. We incorporate by reference the following
information or documents that we have filed with the SEC (excluding
those portions of any Form 8-K that are not deemed
&#x201C;filed&#x201D; pursuant to the General Instructions of Form
8-K):</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(a)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Prospectus filed on
August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No.&#xA0;333-216014), which contains audited
financial statements for the Company&#x2019;s latest fiscal year for
which such statements have been filed;</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(b)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Quarterly Report on
Form 10-Q for the fiscal quarter ended June 30, 2017, as filed with
the SEC on August 15, 2017;</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(c)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Current Reports on
Form 8-K, as filed with the SEC on August 25, 2017, August 29,
2017, September 20, 2017, September 22, 2017, October 3, 2017 and
October 4, 2017; and</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(d)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">The description of
the terms, rights and provisions applicable to the Common Stock of
Novume Solutions, Inc. contained in the Registration Statement No.
001-35419 on Form 8-A, filed with the SEC on August 29,
2017.</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
All reports and other documents we subsequently file pursuant to
Section 13(a), 13(c), 14 or 15(d) of the Exchange Act prior to the
termination of this offering, including all such documents we may
file with the SEC after the date of the initial Registration
Statement and prior to the effectiveness of the Registration
Statement, but excluding any information furnished to, rather than
filed with, the SEC, will also be incorporated by reference into
this Reoffer Prospectus and deemed to be part of this Reoffer
Prospectus from the date of the filing of such reports and
documents.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Any statement contained in any document incorporated by reference
herein shall be deemed to be modified or superseded for purposes of
this Reoffer Prospectus to the extent that a statement contained in
this Reoffer Prospectus or any prospectus supplement modifies or
supersedes such statement. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to
constitute a part of this Reoffer Prospectus.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000; font-size: 13px">
We will provide without charge to each person, including any
beneficial owner, to whom this Reoffer Prospectus is delivered,
upon written or oral request, a copy of any or all documents that
are incorporated by reference into this Reoffer Prospectus, but not
delivered with the prospectus, other than exhibits to such
documents unless such exhibits are specifically incorporated by
reference into the documents that this Reoffer Prospectus
incorporates. You should direct written requests to:&#xA0;</font>
<font style="font-size: 13px">Novume Solutions, Inc.</font>,
<font style="color: #000000; font-size: 13px">14420 Albemarle Point
Place, Suite 200,</font> <font style="color: #000000; font-size: 13px">Chantilly, VA, 20151</font>,
<font style="color: #000000; font-size: 13px">(703)
953-3838</font>, <font style="color: #000000; font-size: 13px">Attn: General
Counsel.</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">13</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Part II</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">Item
3.</font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Incorporation of Documents by Reference.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
following documents filed by the Company with the SEC are
incorporated by reference, as of their respective dates, in this
Registration Statement:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(a)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Prospectus filed on
August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No.&#xA0;333-216014), which contains audited
financial statements for the Company&#x2019;s latest fiscal year for
which such statements have been filed;</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(b)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Quarterly Report on
Form 10-Q for the fiscal quarter ended June 30, 2017, as filed with
the SEC on August 15, 2017;</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(c)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">Current Reports on
Form 8-K, as filed with the SEC on August 25, 2017, August 29,
2017, September 20, 2017, September 22, 2017, October 3, 2017 and
October 4, 2017; and</font></div>
</div>
</div>
<div style="margin-left: 48px; display: table">
<div style="display: table-row">
<div style="text-align: left; display: table-cell; width: 36px">
<font style="font-family: Times New Roman; font-size: 13px">(d)</font></div>
<div style="text-align: justify; display: table-cell"><font style="font-family: Times New Roman; font-size: 13px">The description of
the terms, rights and provisions applicable to the Common Stock of
Novume Solutions, Inc. contained in the Registration Statement No.
001-35419 on Form 8-A, filed with the SEC on August 29,
2017.</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">All
documents subsequently filed by the Company pursuant to
Sections&#xA0;13(a), 13(c), 14 and 15(d) of the Securities Exchange
Act of 1934, as amended, prior to the filing of a post-effective
amendment to this Registration Statement, which indicates that all
securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and are a
part hereof from the date of filing of such documents.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">You can
request a copy of these documents, including exhibits, at no cost,
by writing or telephoning us at the following address:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Novume
Solutions, Inc.</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
14420 Albemarle Point Place, Suite 200,</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Chantilly, VA, 20151</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
(703) 953-3838</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Attn: General Counsel</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Any
statement contained in a document incorporated or deemed
incorporated by reference in this Registration Statement shall be
deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained
herein or in any other subsequently filed document which also is or
is deemed to be incorporated by reference herein modifies or
supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration
Statement.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 16px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">14</font></div>
</div>
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<!--page break line--></div>
<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 16px;">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;"><font style="font-weight: bold">Item 4.</font></font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Description of Securities.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 72px">
<font style="font-family: Times New Roman; font-size: 13px">Not
applicable.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 16px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;"><font style="font-weight: bold">Item 5.</font></font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Interests of Named Experts and Counsel.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 72px">
<font style="font-family: Times New Roman; font-size: 13px">Not
applicable.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 16px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">Item
6.</font> Indemnification
of Directors and Officers.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Section&#xA0;145
of the Delaware General Corporation Law (&#x201C;<font style="text-decoration: underline">DGCL</font>&#x201D;) authorizes a court
to award, or a corporation&#x2019;s board of directors to grant,
indemnity to directors and officers under certain circumstances and
subject to certain limitations. The terms of Section&#xA0;145 of
the DGCL are sufficiently broad to permit indemnification under
certain circumstances for liabilities, including reimbursement of
expenses incurred, arising under the Securities Act.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">As
permitted by the DGCL, the Company&#x2019;s Amended and Restated
Certificate of Incorporation, effective as of August 21, 2017 (the
&#x201C;<font style="text-decoration: underline">Certificate of
Incorporation</font>&#x201D;), contains provisions that eliminate
the personal liability of its directors for monetary damages for
any breach of fiduciary duties as a director, except liability for
the following:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">any
breach of the director&#x2019;s duty of loyalty to the Company or
its stockholders;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">acts
or omissions not in good faith or that involve intentional
misconduct or a knowing violation of law;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">under
Section 174 of the DGCL (regarding unlawful dividends and stock
purchases); or</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">any
transaction from which the director derived an improper personal
benefit.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">As
permitted by the DGCL, the Company&#x2019;s Certificate of
Incorporation and Bylaws both provide that:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
Company is required to indemnify its directors and officers to the
fullest extent permitted by the DGCL, subject to very limited
exceptions;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
Company may indemnify its other employees and agents as set forth
in the DGCL;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
Company is required to advance expenses, as incurred, to its
directors and officers in connection with a legal proceeding to the
fullest extent permitted by the DGCL, subject to very limited
exceptions; and</font></div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
</div>
<div style="margin-left: 36px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">&#x25CF;</font>
<font style="font-family: Times New Roman; font-size: 13px;">the
rights conferred in the Certificate of Incorporation are not
exclusive.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">At
present, there is no pending litigation or proceeding involving a
director, executive officer, or employee of the Company regarding
which indemnification is sought. The indemnification provisions in
the Certificate of Incorporation and Bylaws may be sufficiently
broad to permit indemnification of our directors and executive
officers for liabilities arising under the Securities
Act.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">We have
directors&#x2019; and officers&#x2019; liability insurance for our
directors and officers.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">See
also the undertakings set out in response to Item&#xA0;9 of this
Registration Statement.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">15</font></div>
</div>
<div id="pb" style="text-align: center; margin-left: 0px; margin-right: 0px; margin-bottom: 6px; page-break-after: always; width: 100%; height: 1px; background-color: #000000">
<!--page break line--></div>
<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">Item
7.</font> Exemption
from Registration Claimed.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;"><font style="font-family: Times New Roman; font-size: 13px">
&#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0;
&#xA0;&#xA0;&#xA0; &#xA0;&#xA0;&#xA0; &#xA0; Not
applicable.</font></font><br></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;"><font style="font-weight: bold">Item 8</font>.</font> <font style="font-weight: bold; font-family: Times New Roman; font-size: 13px;">
Exhibits.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
following exhibits are filed as part of this Registration
Statement. Certain of the following exhibits have been previously
filed with the SEC and are incorporated herein by reference from
the document described in parentheses. Certain others are filed
herewith.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;</font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="text-align: left; width: 100%; font-family: Times New Roman; font-size: 13px; margin: 0px auto 0px 0px;">
<tr>
<td style="vertical-align: bottom; width: 10%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
ExhibitNo.</font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 89%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
Description of Document</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 10%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000119312517038565/d338934dex31.htm">4.1</a></font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Certificate
of Incorporation of Novume Solutions, Inc., as filed with the
Secretary of State of the State of Delaware on February&#xA0;6,
2017 (Previously filed as Exhibit 3.1 to the Registration Statement
on Form S-4 (Reg. No.: 333-216014) as filed with the SEC on
February 10, 2017.)</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417007916/novume_ex3-1.htm">4.2</a></font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Amended
and Restated Certificate of Incorporation of Novume Solutions,
Inc., as filed with the Secretary of State of the State of Delaware
on August 21, 2017 (Previously filed as Exhibit 3.1 to the Current
Report on Form 8-K filed by the Company with the SEC on August 25,
2017).</font></div>
</td>
</tr><tr>
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417007916/novume_ex4-1.htm">4.3</a></font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Certificate
of Designations of Series A Cumulative Convertible Redeemable
Preferred Stock, as filed with the Secretary of State of the State
of Delaware on August 21, 2017 (Previously filed as Exhibit 4.1 to
the Current Report on Form 8-K filed by the Company with the SEC on
August 25, 2017).</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417008716/exhibit42-formofcertifica.htm">4.4</a></font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Form of
Certificate of Designations of Series B Cumulative Convertible
Redeemable Preferred Stock, as filed with the Secretary of State of
the State of Delaware on August 21, 2017 (Previously filed as
Exhibit 4.2 to the Current Report on Form 8-K filed by the Company
with the SEC on September 22, 2017).</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;
<a href="http://www.sec.gov/Archives/edgar/data/1697851/000119312517038565/d338934dex34.htm">
4.5</a></font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Bylaws
of Novume Solutions, Inc. (Previously filed as Exhibit 3.4 to the
Registration Statement on Form S-4 (Reg. No.: 333-216014) as filed
with the SEC on February 10, 2017.)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417007916/novume_ex3-2.htm">4.6</a></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Amended
and Restated Bylaws of Novume Solutions, Inc.,&#xA0;as adopted on
August 24, 2017 (Previously filed as Exhibit 3.2 to the Current
Report on Form 8-K filed by the Company with the SEC on August 25,
2017).</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px"><font style="font-size: 13px">&#xA0;&#xA0;&#xA0;</font> <a href="ex47-novume2017equityawar.htm">4.7</a>*</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">2017
Equity Award Plan of Novume Solutions, Inc.</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;
<a href="ex48-steveellisstockoptio.htm">4.8</a>*</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Steve Ellis, dated September 27, 2017 (2015
Options)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;&#xA0;
<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417009094/ex106-steveellisoptionagr.htm">
4.9</a></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Steve Ellis, dated September 27, 2017 (2016 Options)
(Previously filed as Exhibit 10.6 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417009094/ex107-robertwestoptionagr.htm">4.10</a></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2014 Options)
(Previously filed as Exhibit 10.7 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;<a href="ex411-robertweststockopti.htm">4.11</a>*</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2015
Options)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;
<a href="http://www.sec.gov/Archives/edgar/data/1697851/000165495417009094/ex108-robertwestoptionagr.htm">
4.12</a></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2016 Options)
(Previously filed as Exhibit 10.8 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;
<a href="ex51-novumes8opinion.htm">5.1</a>*</font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Legal
Opinion of Crowell and Moring LLP</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;
<a href="a231keystoneandfirestormc.htm">23.1</a>*</font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: rgb(0, 0, 0);">
Consent of BD&#xA0;&amp; Company, Inc</font>.</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; text-indent: 0px; margin-right: 0px;"><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="2" style="vertical-align: middle; width: 90%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px"><a href="a232brekfordconsentoct201.htm">23.2</a>*</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: rgb(0, 0, 0);">
Consent of BD&#xA0;&amp; Company, Inc</font>.</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: rgb(0, 0, 0);">
&#xA0;</font> &#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px"><a href="a233consent-stegmanword.htm">23.3</a>*</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: rgb(0, 0, 0); font-family: Times New Roman; font-size: 13px;">
Consent of Stegman &amp; Company, Inc.</font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; background-color: #FFFFFF; font-family: Times New Roman; font-size: 13px">
&#xA0;</font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px"><a href="ex51-novumes8opinion.htm">23.4</a>*<br></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font><font style="font-family: Times New Roman; font-size: 13px"><font style="color: rgb(0, 0, 0);">Consent of Crowell</font> &amp; Moring LLP
(included in the opinion filed herewith as Exhibit
5.1)</font></font></div>
</td>
</tr><tr style="">
<td style="vertical-align: middle; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
&#xA0;&#xA0; <font style="font-family: Times New Roman; font-size: 13px">&#xA0;<br></font></div>
</td>
<td style="vertical-align: middle; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: middle; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font><font style="font-family: Times New Roman; font-size: 13px"><font style="color: rgb(0, 0, 0);">&#xA0;</font> &#xA0;</font></font></div>
</td>
</tr><tr style="background-color: rgb(204, 238, 255);">
<td style="vertical-align: top; width: 10%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;&#xA0;
24*</font></div>
</td>
<td style="vertical-align: bottom; width: 1%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 89%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Power
of Attorney (included on signature page of this Registration
Statement).</font></div>
</td>
</tr></table>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%; border-bottom: solid 1px #000000">
<!--Rule Below Paragraph--></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-family: Times New Roman; font-size: 13px;">*</font>
<font style="font-family: Times New Roman; font-size: 13px;">Filed
herewith.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">16</font></div>
</div>
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<div id="hdr">
<div style="text-align: right; width: 100%"><font style="font-family: Times New Roman; font-size: 11px">&#xA0;</font></div>
</div>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px;">
<font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">Item
9.</font> <font style="font-family: Times New Roman; font-size: 13px;">Underta</font>kings.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">A. The
undersigned registrant hereby undertakes:</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(1) To
file, during any period in which offers or sales are being made, a
post-effective amendment to this registration
statement:</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 72px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(a) To
include any prospectus required by Section&#xA0;10(a)(3) of the
Securities Act;</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 72px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(b) To
reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set
forth in the registration statement; and</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 72px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(c) To
include any material information with respect to the plan of
distribution not previously disclosed in the registration statement
or any material change to such information in the registration
statement;</font></div>
<div style="text-align: justify; margin-left: 72px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Provided, however,
that paragraphs (A)(1)(a) and (A)(1)(b) do not apply if the
information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to
Section&#xA0;13 or 15(d) of the Exchange Act that are incorporated
by reference in the registration statement.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(2)
That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time
shall be deemed to be the initial <font style="font-style: italic">bona fide</font> offering
thereof.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 36px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(3) To
remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the
termination of the offering.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">B. The
undersigned registrant hereby undertakes that, for purposes of
determining liability under the Securities Act, each filing of the
registrant&#x2019;s annual report pursuant to Section&#xA0;13(a) or
15(d) of the Exchange Act that is incorporated by reference in this
registration statement shall be deemed a new registration statement
relating to the securities offered therein, and the offering of
such securities at that time shall be deemed to be the initial
<font style="font-style: italic">bona fide</font> offering
thereof.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">C.
Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the registrant pursuant to the foregoing
provisions, or otherwise, the registrant has been advised that in
the opinion of the Commission such indemnification is against
public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant
of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final adjudication
of such issue.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pgbrk" style="width: 100%; margin-left: 0px; text-indent: 0px; margin-right: 0px">
<div id="ftr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div id="pn" style="text-align: center"><font style="font-family: Times New Roman; font-size: 13px">17</font></div>
</div>
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<div id="hdr">
<div style="text-align: left; width: 100%; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</div>
</div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SIGNATURES</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Pursuant
to the requirements of the Securities Act of 1933, as amended, the
Company certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly
caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the city of
Chantilly, Virginia on this 6<font style="font-size: 70%; vertical-align: top">th</font> day of October,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div>
<table cellpadding="0" cellspacing="0" style="width: 100%; font-family: Times New Roman; font-size: 13px">
<tr>
<td style="vertical-align: top; width: 49%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 3%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 48%">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">NOVUME
SOLUTIONS, INC.</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 49%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 3%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 48%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 49%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 3%">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">By:</font></div>
</td>
<td style="vertical-align: top; width: 48%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Robert A. Berman</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 49%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 3%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 48%">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Robert
A. Berman,</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 49%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 3%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 48%">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Chief
Executive Officer (Principal Executive Officer)</font></div>
</td>
</tr></table>
</div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Robert A. Berman his/her true and
lawful attorney-in-fact and agent with full power of substitution
and re-substitution, for him/her and in his/her name, place and
stead, in any and all capacities to sign any or all amendments
(including, without limitation, post-effective amendments) to this
Registration Statement, any related Registration Statement filed
pursuant to Rule 462 under the Securities Act of 1933 and any or
all pre- or post-effective amendments thereto, and to file the
same, with all exhibits thereto, and all other documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite
and necessary to be done in and about the premises, as fully for
all intents and purposes as he or she might or could do in person,
hereby ratifying and confirming that said attorney-in-fact and
agent, or any substitute or substitutes for him, may lawfully do or
cause to be done by virtue hereof.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Pursuant
to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed by the following persons in
the capacities and on the date indicated.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="null"><font>&#xA0;</font></div>
<div style="text-align: left">
<table cellpadding="0" cellspacing="0" style="text-align: left; width: 100%; font-family: Times New Roman; font-size: 13px; margin: 0px auto 0px 0px;">
<tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">
Signature<br></font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-weight: bold"><font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">
&#xA0;</font></font></font></div>
</td>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">
Title</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-weight: bold"><font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">
&#xA0;</font></font></font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold"><font style="font-weight: bold"><font style="font-family: Times New Roman; font-size: 13px; font-weight: bold;">
Date</font></font></font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Robert A. Berman</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><br></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Chief
Executive Officer (Principal Executive Officer),</font>
<font style="font-family: Times New Roman; font-size: 13px">Director</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Robert
A. Berman</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Carl Kumpf</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Chief
Financial Officer (Principal Financial and Accounting
Officer)</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Carl
Kumpf</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ James McCarthy</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Chairman
of the Board of Directors</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">James
McCarthy</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Paul de Bary</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Director</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Paul de
Bary</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Richard Nathan</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Director</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Richard
Nathan</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="1" style="vertical-align: top; width: 25%;">
<br></td>
<td colspan="1" style="vertical-align: top; width: 1%;"><br></td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div style="margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font>
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font>
<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Christine Harada</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Director</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Christine
Harada</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%; border-bottom: 2px solid rgb(0, 0, 0);">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-style: italic; font-family: Times New Roman; font-size: 13px">
/s/ Glenn Goord</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Director</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: bottom; width: 25%;">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">October
6, 2017</font></div>
</td>
</tr><tr>
<td style="vertical-align: top; width: 25%;">
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Glenn
Goord</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td style="vertical-align: top; width: 1%">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
<td colspan="3" style="vertical-align: top; width: 25%;">
<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
</tr></table>
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[{"type": "S-8", "sequence": "1", "filename": "forms-8novumesolutionsinc.htm", "description": "FORM S-8", "secsgml_size_bytes": 350154}]
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Blueprint
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
NOVUME SOLUTIONS, INC.
(Exact name of Registrant as specified in its charter)
Delaware
81-56266334
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
14420 Albemarle Point Place, Suite 200,
Chantilly, VA, 20151
(Address of principal executive offices)
2017 EQUITY AWARD PLAN
NON-QUALIFIED STOCK OPTION GRANT AGREEMENTS, DATED SEPTEMBER 27,
2017, BY AND BETWEEN THE COMPANY AND STEVE ELLIS
NON-QUALIFIED STOCK OPTION GRANT AGREEMENTS, DATED SEPTEMBER 27,
2017, BY AND BETWEEN THE COMPANY AND ROBERT WEST
(Full title of the plans)
Robert A. Berman, Chief Executive Officer
Novume Solutions, Inc.
14420 Albemarle Point Place, Suite 200,
Chantilly, VA, 20151
(703) 953-3838
(Name, address and telephone number of agent for service)
Copy to:
Morris F. DeFeo Jr., Esq.
Crowell & Moring LLP
1001 Pennsylvania Ave NW
Washington, DC 20004-2595
(202) 624-2925
Indicate
by check mark whether the Registrant is a large accelerated filer,
an accelerated filer or a non-accelerated filer, or a smaller
reporting company. See the definitions of "large accelerated
filer", "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check
one):
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated
filer
☐ 
(Do not check if a smaller reporting company)
Smaller reporting company
☒
Emerging growth company
           
           
        ☐
CALCULATION OF REGISTRATION FEE
Title
of Securities to Be Registered
Amount
to
Be
Registered
(1)
Proposed
Maximum
Offering
Price
Per
Share
Proposed
Maximum
Aggregate
Offering
Price
Amount
of
Registration
Fee
Common Stock, par
value $0.0001 per share
3,000,000
(2)
$
1.78
(3)
$
5,340,000
$
664.83
Common Stock, par
value $0.0001 per share
10,000
(4)
$
3.60
(5)
$
36,000
$
4.48
Common Stock, par
value $0.0001 per share
5,000
(4)
$
3.00
(5)
$
15,000
$
1.88
Common Stock, par
value $0.0001 per share
10,000
(4)
$
1.80
(5)
$
18,000
$
2.24
Total
3,025,000
$
5,409,000
$
673.43
(1)
Pursuant to Rule
416(a) under the Securities Act of 1933, as amended, this
Registration Statement shall also cover any additional shares of
the common stock, par value $0.0001 per share ("Common
Stock"), of Novume Solutions, Inc., a Delaware corporation
that become issuable in respect of the securities identified in the
above table by reason of any stock dividend, stock split,
recapitalization, or other similar transaction effected without the
Company's receipt of consideration which results in an
increase in the number of the outstanding shares of Common
Stock.
(2)
Represents
3,000,000 shares of Common Stock reserved for issuance upon the
vesting and/or exercise, as applicable, of stock-based awards
granted or to be granted, from time to time, to participants under
the 2017 Equity Award Plan of Novume Solutions, Inc
(3) Estimated solely for the purpose of calculating the
registration fee. Such estimate is calculated pursuant to
Rules457(c) and 457(h)under the Securities Act of 1933, as amended,
based on the averageof the high and low prices ($1.51 and $2.05,
respectively) ofCommon Stock on the OTCQX Best Marketof the OTC
Markets Group, Inc. (the "OTCQX") on October 2,
2017.
(4) Represents shares of Common Stock reserved for issuance upon
the exercise ofoutstanding options to purchase shares of Common
Stock issued tothe holders thereof .
(5) Pursuant to Section 457(g) under the Securities Act of 1933, as
amended,represents the per-share exercise price of the applicable
optionsto purchase shares of Common Stock.
Explanatory Note
This
registration statement on Form S-8 ("
Registration Statement
")
of Novume Solutions, Inc., a Delaware corporation
("
Novume
" or, the
"
Company
"), relates to the
registration of 3,000,000 shares of the Company's common
stock, par value $0.0001 per share ("
Common Stock
"), issuable
upon the vesting and/or exercise, as applicable, of stock-based
awards ("
Awards
") granted or to be
granted, from time to time, to participants under our 2017 Equity
Award Plan (the "
2017 Plan
"), including
902,074
shares (the
"
Shares
") of our Common
Stock which may be reoffered and/or resold by the individuals (the
"
Selling
Securityholders
") listed under the Selling
Securityholder section of the re-offer prospectus (the
"
Reoffer
Prospectus
"), upon the vesting (if applicable) and
proper exercise of options to purchase shares of our Common Stock
("
Novume
Options
") granted to such Selling Securityholders
under the 2017 Plan. This Registration Statement also includes
25,000 shares of Common Stock issuable upon the exercise of Novume
Options granted to two holders not under the 2017 Plan, as
described below.
The
Registration Statement is being filed subsequent to certain merger
transactions (collectively, the "
Mergers
")
completed by us on August 28, 2017, in part in
order to register a portion of the merger consideration (the
"
Merger
Consideration
") under the
Securities Act of 1933, as amended (the "Securities Act"). The
Mergers were completed in accordance with the
Second Amended
and Restated Agreement and Plan of Merger dated as of July 12, 2017
(the "
Merger
Agreement
")
,
by and among the Company, KeyStone Merger Sub, LLC, a Delaware
limited liability company ("
KeyStone
"),
KeyStone Solutions, Inc., a Delaware corporation
("
KSI
"), Brekford Traffic Safety, Inc., a
Delaware limited liability company ("
Brekford
")
and Brekford Merger Sub, Inc., a Delaware limited liability company
("
Brekford Merger
Sub
"). KSI merged with
and into KeyStone, our wholly-owned subsidiary. KeyStone survived
the merger and changed its name to "KeyStone Solutions,
LLC". Our other wholly-owned subsidiary, Brekford Merger Sub,
merged with and into Brekford; Brekford survived that merger. As a
result of the Mergers, Novume became the parent company of KeyStone
and Brekford. Novume also became the indirect parent of KSI's
former subsidiaries, which are now housed under KeyStone and whose
operations comprise a significant portion of Novume's
business, as more fully discussed herein. As Merger Consideration,
the pre-merger holders of options to purchase shares of the common
stock, par value $0.0001 per share, of KSI
("
KSI
Options
") originally
granted to such holders under KSI's
2016 Equity Award Plan
(the "
KSI
2016 Plan
") received
Novume Options under the 2017 Plan; and
the pre-merger holders of options to purchase
shares of the common stock, par value $0.0001 per share, of
Brekford ("
Brekford
Options
") originally
granted to such holders under Brekford's 2008 Stock Incentive
Plan (the "
Brekford 2008
Plan
")
received
Novume Options under the 2017 Plan;
provided,
that
, two holders who do
not currently provide services to Novume received Novume Options
issued outside of the Plan, pursuant to five Non-Qualified Stock
Option Grant Agreements, each dated as of September 27, 2017. In
total, we granted Novume Options
under the 2017 Plan
with an
aggregate of 1,049,315 underlying shares of our Common Stock in
consideration for the Mergers
. Since the closing of the
Mergers, we have granted Novume Options to purchase 223,094 shares
of Common Stock not in connection with the Mergers.
The Selling Securityholders include such persons who, prior to the
Mergers, were named executive officers, directors or significant
employees of KSI or Brekford. Several of these persons are now
officers or directors of Novume and/or our subsidiaries. The
Selling Securityholders also include additional persons who are now
our named executive officers and directors, but who were not
affiliated with KSI or Brekford.
Section
10(a) Prospectus: Items 1 and 2 of Part I of this Registration
Statement, and the documents incorporated by reference pursuant to
Part II, Item 3 of this Registration Statement, constitute a
prospectus that meets the requirements of Section 10(a) of the
Securities Act.
Reoffer
Prospectus: The material that follows Item 2, up to but not
including Part II of this Registration Statement, of which the
Reoffer Prospectus is a part, constitutes a "reoffer
prospectus," prepared in accordance with the requirements of
Part I of Form S-3 under the Securities Act. Pursuant to
Instruction C of Form S-8, the Reoffer Prospectus may be used for
reoffers or resales of Shares by the Selling Securityholders that
may be deemed "control securities" under the Securities
Act. The Reoffer Prospectus does not contain all of the information
included in this Registration Statement, certain items of which are
contained in exhibits to this Registration Statement as permitted
by the rules and regulations of the Securities and Exchange
Commission (the "
SEC
"). Statements
contained in the Reoffer Prospectus as to the contents of any
agreement, instrument or other document referred to are not
necessarily complete. With respect to each such agreement,
instrument or other document filed as an exhibit to this
Registration Statement, we refer you to the exhibit for a more
complete description of the matter involved, and each such
statement shall be deemed qualified in its entirety by this
reference.
Part I
INFORMATION REQUIRED IN THE SECTION 10(a)
PROSPECTUS
Item
1.
Plan Information.*
Item
2.
Registrant Information and Employee Plan Annual
Information.*
*
Information
required by Part I omitted from this Registration Statement in
accordance with Rule 428 under the Securities Act, and the
"Note" and instructions to Part I of Form
S-8.
REOFFER PROSPECTUS
927,074 Shares of Common Stock
This reoffer prospectus ("
Reoffer
Prospectus
") relates to
the reoffer and resale of up to 927,074 shares (the
"
Shares
")
of common stock, par value $0.0001 per share
("
Common
Stock
"), of Novume
Solutions, Inc., a Delaware corporation (
"
we
", "
us
",
our
", "
Novume
" or the
"
Company
"), from time to
time, upon the vesting (if applicable) and proper exercise of
options to purchase shares of Common Stock ("
Novume Options
") granted
to certain holders (the "
Selling
Securityholders
").  All but two Selling
Securityholders received their Novume Options
under our 2017 Equity Award Plan (the
"
2017
Plan
"),
as described below under the section
entitled "Selling Security
Holders."
Certain of the Selling Securityholders, as identified below,
received their Novume Options in connection with merger
transactions (the "
Mergers
")
completed by the Company on August 28, 2017, in accordance with the
Second Amended and Restated Agreement and Plan of Merger dated as
of July 12, 2017 (the "
Merger
Agreement
"), by and among
the Company, KeyStone Merger Sub, LLC, a Delaware limited liability
company ("
KeyStone
"),
KeyStone Solutions, Inc., a Delaware corporation
("
KSI
"), Brekford Traffic Safety, Inc., a
Delaware limited liability company ("
Brekford
")
and Brekford Merger Sub, Inc., a Delaware limited liability company
("
Brekford Merger
Sub
"). KSI merged with
and into KeyStone, our wholly-owned subsidiary. KeyStone survived
the merger and changed its name to "KeyStone Solutions,
LLC". Our other wholly-owned subsidiary, Brekford Merger Sub,
merged with and into Brekford; Brekford survived that merger. As a
result of the Mergers, Novume became the parent company of KeyStone
and Brekford. Novume also became the indirect parent company of AOC
Key Solutions, Firestorm (as defined herein) and Novume Media. As
merger consideration, the pre-merger holders of options to purchase
shares of the common stock, par value $0.0001 per share, of KSI
("
KSI
Options
") originally
granted to such holders under KSI's 2016 Equity Award Plan
(the "
KSI 2016
Plan
") received Novume
Options under our 2017 Plan. Similarly, the pre-merger holders of
options to purchase shares of the common stock, par value $0.0001
per share, of Brekford ("
Brekford
Options
") originally
granted to such holders under Brekford's 2008 Stock Incentive
Plan (the "
Brekford 2008
Plan
") received Novume
Options under our 2017 Plan;
provided,
that
, two such holders who
do not currently provide services to Novume received their Novume
Options outside of the 2017 Plan
, pursuant to certain Non-Qualified Stock Option
Grant Agreements dated as of September 27, 2017. Therefore, the
Novume Options comprise a portion of the merger consideration (the
"
Merger
Consideration
") under the
Merger Agreement.
In total, we granted
Novume Options
under the 2017 Plan
with an aggregate of
1,049,315 underlying shares of our Common Stock in consideration
for the Mergers
. Since the closing of the Mergers, we have
granted Novume Options to purchase 223,094 shares of Common Stock
not in connection with the Mergers.
The Selling Securityholders include such persons who, prior to the
Mergers, were named executive officers, directors or significant
employees of KSI or Brekford. Several of these persons are now
officers or directors of Novume and/or our subsidiaries. The
Selling Securityholders also include additional persons who are now
our named executive officers and directors, but who were not
affiliated with KSI or Brekford.
We are not selling any shares of Common Stock under this Reoffer
Prospectus, and we will not receive any of the proceeds from the
sale of the Shares. We will pay all fees and expenses incurred in
connection with the registration of the Shares offered by this
Reoffer Prospectus, and we will pay any brokerage or underwriting
commissions or discounts or other expenses relating to the sale of
the Shares.  The payments of such expenses and other costs
will be deemed as income to the Selling
Securityholders.
This
Reoffer Prospectus has been prepared for the purpose of allowing
for future sales by the Selling Securityholders, on a continuous or
delayed basis, to the public. The registration of the Shares does
not necessarily mean that the Selling Securityholders will offer or
sell their respective shares. Each Selling Securityholder that
sells Shares pursuant to this Reoffer Prospectus may be deemed to
be an "underwriter" within the meaning of the
Securities Act. Any commissions received by a broker or dealer in
connection with resales of shares may be deemed to be underwriting
commissions or discounts under the Securities Act.
Other Selling Securityholders may
elect to sell shares of Common Stock under this Reoffer Prospectus
as they receive them from time to time in the future; additionally,
the Selling Securityholders described below under the section
entitled "Selling Security Holders" may receive
additional shares of Common Stock from time to time in the future
and elect to sell the additional shares of Common Stock under this
Reoffer Prospectus as they receive them. As the amounts of shares
of Common Stock to be reoffered, and names of other affiliate
Selling Securityholders become known to us, we will supplement this
Reoffer Prospectus with that information. Any securities covered by
this Reoffer Prospectus which qualify for sale pursuant to Rule 144
as promulgated under the Securities Act ("
Rule 144
") may be sold
under Rule 144 rather than pursuant to this Reoffer Prospectus. See
"Selling Securityholders" beginning on page
10.
You
should carefully read this Reoffer Prospectus, including the
information it incorporates by reference, and any accompanying
prospectus supplement before making a decision to purchase shares
of Common Stock from the Selling Securityholders.
The Selling Securityholders may sell the Shares
covered by this Reoffer Prospectus through various means, including
directly or indirectly to purchasers, in one or more transactions
on the OTCQX Best Market of the OTC Markets Group, Inc. (the
"
OTCQX
")
or any stock exchange or stock market on which the Shares are
traded at the time of sale, in privately negotiated transactions,
or through a combination of these methods. These sales may be at
fixed prices, which may change, at market prices available at the
time of sale, at prices based on the available market price at the
time of sale, or at negotiated prices. If the Shares are sold
through underwriters, broker-dealers or agents, these parties may
be compensated for their services in the form of discounts or
commissions, which is deemed to be "underwriting
commissions." If required, the names of any underwriter(s),
applicable commissions or discounts, and any other required
information with respect to any particular sales will be disclosed
in an accompanying prospectus supplement. For additional
information on the Selling Securityholders' possible methods
of sale, you should refer to the section in this Reoffer Prospectus
entitled "Plan of Distribution" beginning on page
12.
Our Common Stock is quoted on the OTCQX under the symbol
"NVMM". The last reported sale price on October 5, 2017
was $2.20 per share of Common Stock.
Investing in our Common Stock involves a high degree of risk.
Before you make your investment decision, please read carefully the
"RISK FACTORS" section beginning on page 4, where
specific risks associated with these securities are
described.
____________________
Neither the Securities and Exchange Commission (the
"SEC") nor any state securities commission has approved
or disapproved of these securities or passed upon the adequacy or
accuracy of the disclosures in this prospectus. Any representation
to the contrary is a criminal offense.
This
Reoffer Prospectus does not constitute an offer to sell securities
in any state to any person to whom it is unlawful to make such
offer in such state.
The
date of this prospectus is October 6, 2017.
TABLE OF CONTENTS
Page
Summary
1
Our
Company
1
Note
Regarding Forward-Looking Statements
3
Risk
Factors
4
Use of
Proceeds
10
Selling
Securityholders
10
Plan
of Distribution
12
Legal
Matters
13
Experts
13
Where
You Can Find More Information
13
Information
Incorporated by Reference
13
You should rely only on the information incorporated by reference
or contained in this Reoffer Prospectus. Neither we nor the Selling
Securityholders have authorized any other person to provide you
with information that is different from that contained in this
Reoffer Prospectus. If anyone provides you with different or
inconsistent information, you should not rely on it. The Selling
Securityholders are offering to sell and seeking offers to buy our
Common Stock only in jurisdictions where such offers and sales are
permitted. You should assume that the information appearing in this
Reoffer Prospectus is accurate only as of the date set forth on the
front cover hereof, regardless of the time of delivery hereof or of
any sale of our Common Stock hereunder. You should read this
Reoffer Prospectus together with the additional information
described under "Where You Can Find More Information"
and "Information Incorporated by Reference." 
Information contained on our website, or any other website operated
by us, is not part of this Reoffer Prospectus.
This Reoffer Prospectus may be supplemented from time to time to
add, update or change information.  To the extent that a
statement contained in a prospectus supplement modifies or
supersedes any statement contained in this Reoffer Prospectus, it
will be deemed to be modified or superseded for purposes of this
Reoffer Prospectus and  will be deemed to constitute a part of
this Reoffer Prospectus only as so modified. Any statement so
superseded will be deemed not to constitute a part of this Reoffer
Prospectus.
i
SUMMARY
This summary highlights important information about our business
and about this reoffering. It does not include all information that
is important to you in making a decision to purchase shares of
common stock. For a more complete understanding of our business and
the reoffering, you should read this entire reoffer prospectus,
including the section entitled "Risk Factors" herein,
our consolidated financial statements and the related notes thereto
incorporated by reference into this Reoffer Prospectus, and all
information incorporated by reference in this Reoffer
Prospectus.
OUR COMPANY
Overview
Novume Solutions, Inc. is
a holding company focused on
acquiring, creating and managing firms that aggregate
highly-specialized, difficult-to-find talent and have the scale and
mass to deploy these resources quickly and efficiently
.  We operate through our
direct and indirect subsidiaries, each of which is described
below
.
KeyStone Solutions, LLC
– KeyStone is a wholly-owned subsidiary of
Novume and the successor to KSI. KSI was formed in March 2016 as a
holding company for professional services companies supporting the
government contracting ("
GovCon
")
industry. KSI was originally formed through a corporate
reorganization of AOC Key Solutions, Inc., a Delaware corporation
("
AOC Key
Solutions
"), which, as a
result, became a wholly-owned subsidiary of KSI. On
January 25, 2017 KSI acquired Firestorm Solutions, LLC, a
Delaware limited liability company, and Firestorm Franchising, LLC,
a Georgia limited liability company (together,
"
Firestorm
").
On August 28, 2017, KeyStone merged with KSI and KSI ceased to
exist. The operations of KeyStone are currently conducted by and
through KeyStone's subsidiaries: AOC Key Solutions,
Firestorm, and Novume Media, Inc. ("
Novume
Media
"), the last of
which was formed in Delaware on December 28, 2016 and became
operational, as described below, around late February
2017.
AOC Key Solutions
–
AOC Key Solutions is a wholly-owned subsidiary of Keystone. AOC Key
Solutions is a business development and consulting firm that
assists government contractors in many aspects of their business.
Its primary services cover all aspects of the government
procurement process, including identifying individual and teaming
opportunities, understanding and meeting qualification standards,
team development and coordination and proposal strategy and
development. It also helps commercially focused firms gain entry
into the government contracting market for the first time. Since
commencing operations in 1983, AOC Key Solutions has assisted
clients in winning over approximately $150 billion of
government contract awards.
A guiding objective of AOC Key Solutions is to perform in a manner
that improves outcomes for all stakeholders, working in a way that
increases the efficiency and effectiveness of both the government
and the companies who are in, or seek to enter, the government
contracting market. In this way, AOC Key Solutions seeks to help
contractors achieve positive societal contributions as well as
success measured by profits and return on investment.
AOC Key Solutions provides comprehensive support for their clients
prior to and after winning government contracts. It identifies
winnable government contracts for clients and provides teaming
support to help them identify qualified teaming opportunities from
its large database of government contractors. Next, AOC Key
Solutions helps its clients develop the strategy and plan to win
the contracts, implement and execute their strategy and plan, and
prepare a compliant, compelling and winning proposal. For more than
30 years AOC Key Solutions has provided market intelligence,
proposal, capture, advisory and teaming support and other important
services to
Fortune 50
companies and small businesses
alike.
Novume's strategy for AOC Key Solutions includes diversifying
its services offerings within the GovCon market while increasing
sustainable revenues. This is expected to involve adding both
vertical and horizontal capabilities by acquiring GovCon service
providers through a disciplined acquisition strategy.
Firestorm
–
Firestorm Solutions, LLC and Firestorm Franchising, LLC are
wholy-woned subsidiaries of Firestorm Holdings, LLC which is a
wholly-owned subsidiary of Keystone. Firestorm is a nationally
recognized leader in crisis management, crisis communications,
emergency response, and business continuity. It provides predictive
intelligence and other emergency, crisis and disaster preparedness
initiatives, such as workplace violence prevention, cyber-breach
response and communicable illness/pandemic planning. Firestorm is
focused on prevention in addition to planning and response
initiatives. For example, Firestorm has developed a behavioral risk
and threat assessment program, referred to
as
B
E
RT
H
A
®
,
which
positions organizations to prevent violence from occurring through
the delivery of awareness training, anonymous reporting and
predictive intelligence programs that enable the identification of
warning signs that may be exhibited by individuals long before they
are on a path to violence.
By educating others on emerging threats and strategies to combat
those threats, Firestorm increases awareness of its initiatives
through the deployment of no-fee webinars, stress tests,
and blog articles that include analyses by members of its
highly-credentialed Expert Council as well as other social media.
Firestorm partners with industry associations and aggregators to
deliver meaningful risk mitigation strategies and education. It
serves clients ranging from some of the world's largest
global companies to public and private entities across
all sectors. Firestorm offers services to federal contractors
that enhance their ability to manage risk and respond to adverse
events, thereby minimizing financial, legal and regulatory impacts
and protecting their human resources, brand and reputation for
responsibility and citizenship.
Novume Media
–
Novume Media Inc. is a wholly-owned subsidiary of Keystone. Through
Novume Media, Novume is fostering communication and knowledge
transfer by constructing a "bridge" across which
efficiencies and best practices will be shared between the private
sector and government, benefiting government, industry and the
taxpayer. Novume Media produces
The Bridge
— a weekly 30-minute program
featuring panel discussions and interviews with leaders from the
government, business, academia and associations. The show premiered
on April 2, 2017 in the Washington, DC market. Topics have
included: innovating for government; impact of the Trump
administration on the FY2018 federal budget; improving
government-industry cooperation; infrastructure privatization and
modernization; dealing with cyber threats; and procurement
reform.
1
Brekford Traffic Safety, Inc.
– Brekford is a wholly-owned subsidiary of
Novume. Brekford assists government agencies in their mission to
reduce deaths and accidents on public roadways. Traffic safety is a
major concern for most communities, yet there is continual pressure
on the budgets of state, local and federal government agencies and
other public safety providers. Since 2010, Brekford has provided
full turnkey automated traffic safety enforcement
("
ATSE
")
programs, offering a variety of technologies and processing
capabilities. These include red light, speed, and distracted
driving camera systems that enable law enforcement agencies to
better address traffic safety concerns while freeing highly trained
personnel to attend to more critical safety and crime prevention
activities. ATSE systems have been shown to be effective at
reducing vehicle speeds and intersection crashes. Brekford's
ATSE systems contain one or more motor vehicle sensors that
produce recorded images of motor vehicles traveling at speeds above
a defined threshold, passing through a red light, or where the
driver is illegally using a handheld device. Images captured by the
camera are processed and reviewed in a secure facility using a
proprietary web-based citation management system, and violation
notices are mailed to the registered owner of the identified
vehicle. Revenue generated from these violator-funded programs
reduces the tax burden on the community, and can be allocated to
other public safety initiatives.
Until recently, Brekford also operated within the law enforcement
and public safety industry providing vehicle upfitting and
technology services to state, local, and federal agencies. On
February 28, 2017, Brekford sold 80.1% of its vehicle services
business to LB&B Associates, Inc., a nationally recognized
government service provider. Brekford continues to own a 19.9%
share of this business, which now operates as Global Public Safety,
LLC. Brekford intends to assist in providing strategic and tactical
advice to the new owners, who intend to grow the business
nationally.
The majority of Brekford's sales are to government agencies
whose operating budgets, while historically stable, are dependent
on national and local economic conditions. Brekford's
programs offer these agencies much needed traffic safety services,
without an impact to operating budgets. In fact, in most cases,
agencies experience a net positive revenue stream from these
programs. The ATSE industry has experienced substantial growth
in recent years and there is intense competition from a handful of
competitor companies. A lack of national standards is both a
challenge and an opportunity. Brekford provides distinctive modern
technology, and its size, strategy, and low-cost structure allow it
to bid on projects for smaller to medium sized municipalities,
which collectively constitute the majority of installation
opportunities within the U.S.
Global Technical Services, Inc. ("GTS") and Global
Contract Professionals, Inc.
("GCP" and,
together with GTS, "Global")
–
GTS
and GCP are wholly-owned subsidiaries of Novume. Both companies
specialize in providing the Department of Defense and the aerospace
industry with experienced specialized contract personnel,
temp-to-hire professionals, direct hires, and temporary or seasonal
hires. Global can support any type of aerospace client and meet
virtually any type of staffing need from maintenance and repair
operations (MRO) to fixed-base operators (FBO) to manufacturing.
Global's employees have worked on projects that include: the
pylon project for the 747 that carried the space shuttle; the F-35
Joint Strike Fighter; the Bell Tiltrotor; and overhaul and
maintenance programs for commercial, military and private
aircraft.
GTS specializes in providing it clients with experienced
maintenance and modification specialists. Some of the technical
positions GTS routinely fills include aircraft painters, aircraft
planners, assembly technicians, cabinetry specialists, electrical
technicians, FAA certified airframe and power plant mechanics, FAA
certified avionic technicians, heavy structures mechanics, licensed
aircraft inspectors, interior specialists, sheet metal fabrication
technicians, machinists and upholstery specialists.
GCP has been instrumental in placing highly-skilled technical
professionals in some of the world's most prestigious
engineering firms and government facilities for over 20 years.
GCP's history working with commercial and military programs
at major manufacturers and defense contractors has made it a
routine top-performer in engineering staffing. GCP has the ability
to provide highly-competent and responsive resources for customers
during peak periods of production. Some of the professional
positions GTS routinely fills include avionics engineers,
budget/financial analysts, contract administrators, cost schedule
analysts, electrical systems engineers, embedded software
engineers, flight test engineers, industrial engineers, business
development managers, manufacturing engineers, operations engineers
and simulation engineers.
Corporate Information
Novume Solutions, Inc. was formed as a Delaware corporation in
February 6, 2017. Novume was formed for the purpose of facilitating
the business combination of Brekford and KSI through the Mergers,
and continuing thereafter to execute our business strategy
of
acquiring,
creating and managing firms that aggregate highly-specialized,
difficult-to-find talent and have the scale and mass to deploy
these resources quickly and efficiently
.
Novume became the parent company of KeyStone and Brekford upon
consummation of the Mergers on August 28, 2017. As a result of the
Mergers, Novume also became the indirect parent company of AOC Key
Solutions, Firestorm and Novume Media. On October 1, 2017, Novume
expanded once again. We acquired Global upon completion of certain
merger transactions (the "
Global
Mergers
") pursuant to
that certain
Agreement and Plan of Merger by and among
Novume, Global Technical Services Merger Sub, Inc., a Delaware
corporation and a wholly owned subsidiary of Novume
("
GTS Merger
Sub
"), Global Contract Professionals Merger Sub, Inc.,
a Delaware corporation and a wholly owned subsidiary of Novume
("
GCP Merger
Sub
"), GTS, GCP, and the sole stockholder of GTS and
GCP. As a result of the Global Mergers, we became the parent
company of each of GTS and GCB, and each of GTS Merger Sub and GCP
Merger Sub was merged out of existence.
The corporate history of Novume, however, began with the formation
AOC Key Solutions. AOC Key Solutions
was formed in 1983 and
has operated since that time as a consulting firm specializing in
proposal development, capture, and market strategy services for
government contractors. Through a corporate reorganization of AOC
Key Solutions in March 2016, KSI was formed and became its parent
company. The purpose was to enable KSI, as a holding company for
one or more subsidiaries, to expand in the government contracting
outsourced services business through both organic growth and
strategic acquisitions. AOC Key Solutions remained KSI's
principal subsidiary until the acquisition of Firestorm on
January 25, 2017
. KSI
acquired Firestorm through the purchase of 100% of the membership
interests of each of Firestorm Franchising, LLC and Firestorm
Solutions, LLC, from the then holders of such membership interests.
The Mergers and the Global Mergers represent the continued
expansion of the combined entities now under the Novume brand.
Additionally, Novume formed Novume Media in December 2016, though
the entity was not operational until on or around February
2017.
Our principal executive offices are located at
14420 Albemarle Point
Place, Suite 200, Chantilly, VA 20151. Our telephone number is
(703) 953-3838
and our web
site is www.novume.com. We have not incorporated the information on
our website by reference into this Reoffer Prospectus, and you
should not consider it to be part of this Reoffer
Prospectus.
2
NOTE REGARDING FORWARD-LOOKING STATEMENTS
In addition to historical information, this Reoffer Prospectus and
the documents incorporated by reference in this Reoffer Prospectus
contain "forward-looking statements" within the meaning
and protections of Section 27A of the Securities Act and Section
21E of the Securities Exchange Act of 1934, as amended (the
"
Exchange
Act
"). These
forward-looking statements are based on our management's
beliefs and assumptions and on information currently available to
our management. They include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause our actual
results, performance or achievements to be materially different
from future results, performance or achievements expressed or
implied by such forward-looking statements. All statements other
than statements of historical fact are statements that could be
forward-looking statements. You can identify these forward-looking
statements through the use of words such as "may,"
"will," "anticipate," "assume,"
"should," "indicate," "would,"
"believe," "contemplate,"
"expect," "estimate,"
"continue," "plan," "project,"
"could," "intend," "target" and
other similar words and expressions. Although we believe that we
have a reasonable basis for each forward-looking statement
contained and incorporated by reference included in this Reoffer
Prospectus, we caution you that these statements are based on
projections of the future that are subject to risks, uncertainties
and other factors that could cause actual results and the timing of
certain events to differ materially from future results expressed
or implied by such forward-looking statements. These
forward-looking statements may not be realized due to a variety of
factors, including, without limitation:
●
history of
incurring losses in some subsidiaries;
●
difficulties in
remaining competitive in the markets the companies
serve;
●
the
effects of future economic, business and market
conditions;
●
difficulties in
successfully managing subsidiary businesses;
●
difficulties in
achieving cost savings, operating efficiencies and new revenue
opportunities as a result of the Mergers and future acquisitions,
and the incurrence of unforeseen costs and expenses;
●
the
uncertain effects of the Mergers and future acquisitions on
relationships with customers, employees and suppliers;
●
consolidation in
the industries served by our subsidiaries;
●
limitations on
subsidiaries' ability to continue to develop, manufacture and
market innovative and useful products and services;
●
Novume's
failure to realize anticipated benefits from other acquisitions or
the possibility that such acquisitions could adversely affect
Novume, and risks relating to the prospects for future
acquisitions;
●
the
loss of key employees and the ability to retain and attract key
personnel, including technical and managerial
personnel;
●
quarterly and
annual fluctuations in results of operations;
●
the
inability to make necessary investments in research and
development;
●
failure to
properly protect and enforce intellectual property rights and
proprietary technologies;
●
costs
associated with potential intellectual property infringement claims
asserted by a third party;
●
subsidiaries'
exposure to product liability claims resulting from the use of
their products;
●
the
loss of one or more of significant customers, or the diminished
demand for subsidiaries' products or services;
●
dependence on
contract services and manufacturing and outsourced supply chain, as
well as the costs of materials for subsidiaries'
products;
●
the
effects of war, terrorism, natural disasters or other catastrophic
events; and
●
other
risks and uncertainties, including those listed under the heading
"Risk Factors" in this information
statement/prospectus.
Given these uncertainties, prospective investors are cautioned not
to place undue reliance on forward-looking statements. All
forward-looking statements contained or incorporated by reference
herein are expressly qualified in their entirety by this cautionary
statement. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
Reoffer Prospectus. Except to the extent required by applicable
laws and regulations, we undertake no obligation to update these
forward-looking statements to reflect events or circumstances after
the date of this Reoffer Prospectus or to reflect the occurrence of
unanticipated events.
3
RISK FACTORS
An investment in our securities involves a high degree of
risk.
You should consider
carefully the following risk factors and other information in this
Reoffer Prospectus relating to investments in our Common Stock,
including
the risks, uncertainties and
assumptions discussed in the
prospectus filed on August 4, 2017 pursuant to
Rule 424(b) under the Securities Act relating to the Registration
Statement on Form S-4, as amended (Registration
No. 333-216014)
, all of which are
incorporated herein by reference and may be amended, supplemented
or superseded from time to time by other reports we file with the
SEC in the future.
Any prospectus supplement
applicable to an offering of our securities will contain a
discussion of the risks applicable to an investment in our
securities. Prior to making a decision about investing in our
securities, you should carefully consider the specific factors
discussed under the heading "Risk Factors" in the
applicable prospectus supplement, together with all of the other
information contained or incorporated by reference in the
prospectus supplement or appearing or incorporated by reference in
this Reoffer Prospectus.
The risks and uncertainties we
have described are not the only ones we face. Additional risks and
uncertainties not presently known to us or that we currently deem
immaterial may also affect our operations.
Our business, financial
condition or results of operations could be materially adversely
affected by any of these risks. The trading price of our securities
could decline due to any of these risks, and you may lose all or
part of your investment. This Reoffer Prospectus and the
incorporated documents also contain forward-looking statements that
involve risks and uncertainties. Our actual results could differ
materially from those anticipated in these forward-looking
statements as a result of certain factors, including the risks
mentioned elsewhere in this Reoffer Prospectus.
Novume may fail to realize the anticipated benefits of the Mergers
or the Global Mergers.
The Mergers and the Global Mergers, and the prior acquisitions by
KSI, involve the integration of companies that have previously
operated independently. There can be no assurance that Novume will
not encounter significant difficulties in integrating these
independent operations or that the benefits expected from such
integration will be realized. In addition, the achievement of the
benefits expected from such integration will require Novume to
incur significant costs. The incurrence of any such costs, as well
as any unexpected costs or delays, in connection with such
integration, could have a material adverse effect on Novume's
business, operating results or financial condition.
Novume is a holding company, has no direct operations.
Novume's subsidiaries generate the majority of the
organization's revenue and profit.
Novume was formed in February 2017 as a holding company. It has no
current business operations of its own. Its significant assets
reside within its direct and indirect subsidiaries, including
Brekford, AOC Key Solutions, Firestorm, Novume Media and Global.
The need by these companies to retain funds to meet their financial
obligations, or other restrictions on their ability to fund Novume,
may limit Novume's access to funds and restrict
Novume's ability to meet its dividend, redemption and
liquidation obligations in respect of Novume's Series A
Cumulative Convertible Redeemable Preferred Stock and Series B
Cumulative Convertible Redeemable Preferred Stock, and to pursue
its acquisition strategy or other strategic
objectives.
The success of Novume's business depends, in part, on the
continued services of certain key personnel.
The success of Novume's business depends, in part, on the
continued services of certain members of its management. In
particular, the loss of the services of any of Robert A. Berman as
Chief Executive Officer and director of Novume, Harry Rhulen as
president of Novume, Richard Nathan as Chief Operating Officer and
director of Novume, Suzanne Loughlin as Chief Administrative
Officer and General Counsel of Novume, Carl Kumpf as Chief
Financial Officer of Novume, Riaz Latifullah as Executive Vice
President of Corporate Development of Novume, James McCarthy as
Chair of the Novume Board and Chief Strategy Officer of KeyStone,
Rodney Hillman as President/Chief Operating Officer of Brekford, or
Kenny Boner as President of Global Technical Services, Inc. and
Global Contract Professionals, Inc., could have a material adverse
effect on the business, results of operations, and financial
condition of Novume.
Certain of Novume's stockholders control a significant number
of shares of our Common Stock, and they may have effective control
over actions requiring stockholder approval.
Novume's directors, executive officers and principal
stockholders, and their respective affiliates, beneficially own the
majority of the outstanding shares of our Common Stock. Notably,
Mr. Robert Berman, the CEO of KeyStone and Novume, has options to
purchase a significant portion of our Common Stock. As a result,
these stockholders, acting together, may have the ability to
control the outcome of matters submitted to our stockholders for
approval, including the election of directors and any merger,
consolidation or sale of all or substantially all of our
assets. In addition, these stockholders, acting together, have
the ability to control the management and affairs of Novume. To the
extent Mr. Berman exercises his options, his ability to control the
foregoing may increase substantially. Accordingly, this
concentration of ownership might harm the market price of our
Common Stock, warrants and/or shares of preferred stock
by:
●
delaying,
deferring or preventing a change in corporate control;
●
impeding a merger,
consolidation, takeover or other business combination involving
Novume; or
●
discouraging a
potential acquirer from making a tender offer or otherwise
attempting to obtain control of Novume.
4
Novume is subject to the Sarbanes-Oxley Act and is required to
maintain effective internal controls over financial reporting, and
if we do not do not comply with the requirements of the
Sarbanes-Oxley Act our business and stock price could be adversely
affected.
Section 404 of the Sarbanes-Oxley Act of 2002 currently
requires public registrants to evaluate the effectiveness of their
internal controls over financial reporting at the end of each
fiscal year and to include a management report assessing the
effectiveness of its internal control over financial reporting in
all annual reports. In connection with the audit of KSI's
consolidated financial statements for the years ended
December 31, 2016 and 2015, KSI's management concluded
that it had material weaknesses in its internal control because KSI
did not currently have adequately designed internal controls to
ensure the timely preparation and review of the accounting for
certain complex, non-routine transactions by those with appropriate
technical expertise, which was necessary to provide reasonable
assurance that its consolidated financial statements and related
disclosures would be prepared in accordance with GAAP. In addition,
KSI did not have adequately designed and documented financial close
and management review controls to properly detect and prevent
certain accounting errors and omitted disclosures in the footnotes
to the consolidated financial statements. Novume's management
is implementing a plan to remediate these material weaknesses but
there is no assurance that such plans, when enacted, will be
successful.
As defined in the Standards of the Public Company Accounting
Oversight Board, a material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the registrant's annual or interim
consolidated financial statements will not be prevented or detected
on a timely basis. Novume is a smaller reporting company and
therefore is exempt from the auditor attestation requirement over
its internal control over financial reporting; however, to the
extent we do not qualify as a non-accelerated filer or smaller
reporting company in subsequent fiscal years, we will be subject to
the auditor attestation requirement under Section 404(b) of
the Sarbanes-Oxley Act. In such an event, we may not be able to
complete the work required for such attestation on a timely basis
and, even if it timely completes such requirements, our independent
registered public accounting firm may still conclude that our
internal controls over financial reporting are not
effective.
Our management does not expect that Novume's internal
controls over financial reporting will prevent all errors and all
fraud. A control system, no matter how well designed and operated,
can provide only reasonable, not absolute, assurance that the
control system's objectives will be met. Further, the design
of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered
relative to their costs. Because of the inherent limitations in all
control systems, no evaluation of controls can provide absolute
assurance that all control issues and instances of fraud, if any,
have been or will be detected. These inherent limitations include
the realities that judgments in decision-making can be faulty and
that breakdowns can occur because of simple errors or mistakes.
Controls can also be circumvented by the individual acts of some
persons, by collusion of two or more people, or by management
override of the controls. The design of any system of controls is
based in part on certain assumptions about the likelihood of future
events, and we cannot assure you that any design will succeed in
achieving its stated goals under all potential future conditions.
Over time, Novume's controls may become inadequate because of
changes in conditions or deterioration in the degree of compliance
with policies or procedures. Because of the inherent limitations in
a cost-effective control system, misstatements due to error or
fraud may occur and not be detected.
We may enter into a potential business combination with a target
that does not meet our general criteria and guidelines for mergers
or acquisitions and, as a result, the business combination may not
be as successful.
Although Novume has identified general criteria and guidelines for
evaluating prospective target businesses for merger or acquisition,
it is possible that a target business with which we enter into a
potential business combination will not have all of these positive
attributes. If Novume completes a potential business combination
with a target that does not meet some or all of these guidelines,
such combination may not be as successful as a combination with a
business that does meet all of the general criteria and
guidelines.
Resources could be wasted in researching acquisitions that are not
completed, which could materially adversely affect subsequent
attempts to locate and acquire or merge with another
business.
Novume anticipates that the investigation of each specific target
business and the negotiation, drafting and execution of relevant
agreements, disclosure documents and other instruments will require
substantial management time and attention and substantial costs for
accountants, attorneys and others. If we decide not to complete a
potential business combination, the costs incurred up to that point
for the proposed transaction likely would not be recoverable.
Furthermore, if we reach an agreement relating to a specific target
business, we may fail to complete a potential business combination
for any number of reasons including those beyond our control. Any
such event will result in a loss to us of the related costs
incurred which could materially adversely affect subsequent
attempts to locate and acquire or merge with another
business.
Novume may seek investment opportunities in industries outside of
our management's area of expertise.
Novume intends to focus on target businesses in industries that
complement its management team's backgrounds including
consulting for the procurement of government contracts. However, we
may also pursue acquisition opportunities in other markets.
Although our management will endeavor to evaluate the risks
inherent in any particular business combination candidate, we
cannot provide assurance that we will adequately ascertain or
assess all of the significant risk factors.
Novume's strategy of growth through acquisitions could harm
our business.
It is our intent to continue to grow through strategic
acquisitions. Successful integration of newly acquired target
companies may place a significant burden on our management and
internal resources. The diversion of management's attention
and any difficulties encountered in the transition and integration
processes could harm our business, financial condition and
operating results. In addition, we may be unable to execute our
acquisition strategy, resulting in under-utilized resources and a
failure to achieve anticipated growth. Novume's operating
results and financial condition will be adversely affected if we
are unable to achieve, or achieve on a timely basis, cost savings
or revenue opportunities from any future acquisitions, or incur
unforeseen costs and expenses or experience unexpected operating
difficulties from the integration of acquired
businesses.
5
Novume's ability to successfully effect potential business
combinations and to be successful thereafter depends significantly
on the efforts of our key personnel. The loss of key personnel
could negatively impact the operations and profitability of our
post-combination business.
Novume's ability to successfully effect business combinations
depends on the efforts of key personnel whose roles cannot
currently be ascertained. Although it is likely that key personnel
will remain in senior management or advisory positions following a
business combination, it is possible that some or all of the key
personnel in our combined or newly acquired businesses will not
remain in place. While Novume intends to closely scrutinize any
individuals we engage after a business combination, we cannot
provide assurance that our assessment of these individuals will
prove to be correct. These individuals may be unfamiliar with the
requirements of operating a company regulated by the SEC, which
could cause Novume to have to expend time and resources helping
them become familiar with such requirements and take time away from
oversight of its operations. Officers and directors of an
acquisition candidate may also resign upon completion of a
potential business combination. The departure of a potential
business combination target's key personnel could negatively
impact the operations and profitability of our post-combination
business. The role of an acquisition candidate's key
personnel upon the completion of a potential business combination
cannot be ascertained at this time.
Novume may have a limited ability to assess the management of a
prospective target business and, as a result, may effect a
potential business combination with a target business whose
management may not have the skills, qualifications or abilities to
manage a growing company.
When evaluating the desirability of effecting a potential business
combination with a prospective target business, Novume's
ability to assess the target business's management may be
limited due to a limited period of personal exposure or a lack of
necessary resources or information. Our assessment of the
capabilities of the target's management, therefore, may prove
to be incorrect and such management may lack the skills,
qualifications or abilities that we anticipated. Should the
target's management not possess the skills, qualifications or
abilities necessary to properly manage the company, the operations
and profitability of the post-combination business may be
negatively impacted. Accordingly, any stockholders who choose to
remain stockholders following the business combination could suffer
a reduction in the value of their shares.
Novume may issue additional notes or other debt securities, or
otherwise incur substantial additional debt, to complete a business
combination, which may adversely affect Novume's leverage and
financial condition and thus negatively impact the value of our
stockholders' investment in us.
The anticipated cash needs of Novume's business could change
significantly as we pursue and complete business acquisitions, if
our business plans change, if economic conditions change from those
currently prevailing or from those now anticipated, or if other
unexpected circumstances arise that may have a material effect on
the cash flow or profitability of our business. If we require
additional capital resources to grow our business, either
internally or through acquisition, we may seek to secure debt
financing. We may not be able to obtain financing arrangements in
amounts or on terms acceptable to us in the future.
In connection with the acquisition of Firestorm, on
January 25, 2017, KSI issued, and Novume has now assumed, four
five-year promissory notes, as follows: Lancer Financial Group,
Inc., in the amount of $500,000, Suzanne Loughlin, in the amount of
$166,666, Harry Rhulen, in the amount of $166,666, and James W.
Satterfield, in the amount of $166,666. Although we have no
commitments as of the date of this statement to issue any
additional notes or other debt securities, or to otherwise incur
additional outstanding debt, we may choose to incur substantial
debt to complete one or more other business combinations. The
incurrence of debt could have a variety of negative effects,
including:
●
default and
foreclosure on our assets if our operating revenues are
insufficient to repay our debt obligations;
●
acceleration of
our obligations to repay the indebtedness even if it makes all
principal and interest payments when due if it breaches certain
covenants that require the maintenance of certain financial ratios
or reserves without a waiver or renegotiation of that
covenant;
●
our
immediate payment of all principal and accrued interest, if any, if
the debt security is payable on demand;
●
our
inability to obtain necessary additional financing if the debt
security contains covenants restricting its ability to obtain such
financing while the debt security is outstanding;
●
increased
vulnerability to adverse changes in general economic, industry and
competitive conditions and adverse changes in government
regulation; and
●
limitations on our
ability to borrow additional amounts for expenses, capital
expenditures, acquisitions, debt service requirements, execution of
our strategy and other purposes and other disadvantages compared to
competitors who have less debt.
Novume may attempt to simultaneously complete business combinations
with multiple prospective targets, which may hinder our ability to
complete a business combination and give rise to increased costs
and risks that could negatively impact our operations and
profitability.
In our attempts to simultaneously acquire several businesses that
are owned by different sellers, we may need each of such sellers to
agree that its purchase of its business is contingent on the
simultaneous closings of the other business combinations. With
multiple business combinations, we could also face additional
risks, including additional burdens and costs with respect to
possible multiple negotiations and due diligence investigations (if
there are multiple sellers) and the additional risks associated
with the subsequent assimilation of the operations and services or
products of the acquired companies in a single operating business.
If we are unable to adequately address these risks, it could
negatively impact our profitability and results of
operations.
6
Novume faces aggressive competition that can impact our ability to
obtain contracts and therefore affect our future revenues and
growth prospects.
Novume's business areas are highly competitive, and we
compete with larger companies that have greater name recognition
and financial resources, as well as independent sole-proprietors
who sell themselves as having comparable services or
products.
The markets in which we and our subsidiaries operate are
characterized by rapidly changing technology, and the needs of our
clients change and evolve regularly. Accordingly, our success
depends on our (and our subsidiaries') ability to develop
products, services and solutions that address these changing needs
of their clients, and to provide people, products and technology
needed to deliver these products, services and solutions. To remain
competitive, we must consistently provide superior service,
products, technology and performance on a cost-effective basis to
our clients. Our competitors may be able to provide clients with
different or greater capabilities or technologies or better
contract terms than we can provide, including technical
qualifications, past contract experience, geographic presence,
price and the availability of qualified professional personnel.
Additionally, we anticipate that larger or new competitors or
alliances among competitors may emerge which may adversely affect
our ability to compete for new contracts.
The U.S. government may adopt new contract rules and regulations or
revise its procurement practices in a manner adverse to us at any
time.
Many businesses, including those in the GovCon industry, have
experienced, and we expect will continue to experience, significant
changes to business practices as a result of an increased focus on
affordability, efficiencies and recovery of costs, among other
items. U.S. government agencies may face restrictions or pressure
regarding the type and amount of services that they may obtain from
private contractors. Legislation, regulations and initiatives
dealing with procurement reform, mitigation of potential conflicts
of interest, deterrence of fraud, and environmental responsibility
or sustainability, as well as any resulting shifts in the buying
practices of U.S. government agencies, such as increased usage of
fixed-price contracts, multiple award contracts and small business
set-aside contracts, could have adverse effects on government
contractors and the business development services we provide. Any
of these changes could impair our ability to obtain new support
contracts or renew our existing contracts when those contracts are
recompleted. Any new contracting requirements or procurement
methods could be costly or administratively difficult for us to
implement and could adversely affect its future revenues,
profitability and prospects, or alternatively may reduce the need
for government contractors to acquire our services.
Technology improvements and disruptions could diminish the need for
Novume's traditional services.
Based on recent technological developments, the market for
consultants has diminished and may continue to diminish. Some
companies are beginning to use the Internet to advertise for
different services, including experts for sale, anonymous authors
to complete certain proposal sections for an "introductory
fee," and even buying entire proposals on-line, sometimes
from overseas vendors. The market trend seems to be that these
relatively unknown and unproven competitors are offering similar
types of services at extremely low prices. If this continues, the
demand for traditional consulting services may diminish, which may
adversely affect our revenues, results of operations and financial
condition.
The spending cuts imposed by the Budget Control Act of 2011
("BCA") could impact Novume's operating results
and profit.
The U.S. government continues to focus on developing and
implementing spending, tax, and other initiatives to stimulate the
economy, create jobs, and reduce the deficit. One of these
initiatives, the BCA, imposed constraints around U.S. government
spending. In an attempt to balance decisions regarding defense,
homeland security, and other federal spending priorities, the BCA
imposed spending caps that contain approximately $487 billion
in reductions to the Department of Defense base budgets over a
seven-year period (to 2021). Additionally, the BCA triggered an
automatic sequestration process, effective March 1, 2013, that
would have reduced planned defense spending by an additional
$500 billion over a nine-year period that began in the U.S.
government's 2013 fiscal year.
The Bipartisan Budget Act of 2013 ("
BBA
2013
") passed by Congress
in December 2013 alleviated some budget cuts that would have
otherwise been instituted through sequestration in the U.S.
government's 2014 and 2015 fiscal years. On November 2,
2015, President Obama signed into law the Bipartisan Budget Act of
2015 ("
BBA
2015
"). BBA 2015 raises
the limit on the U.S. government's debt until March 2017 and
raises the sequester caps imposed by the BCA by $80 billion,
split equally between defense and non-defense spending over the
next two years ($50 billion in the U.S. government's
2016 fiscal year and $30 billion in the U.S.
government's 2017 fiscal year).
On December 18, 2015, the President signed into law the
Consolidated Appropriations Act of 2016, funding the government
through September 30, 2016 and on February 9, 2016, the
President submitted a budget proposal for the U.S.
government's 2017 fiscal year, consistent with BBA 2015
funding levels. BBA 2015 includes discretionary funding for
Department of Defense of approximately $580 billion in the
U.S. government's 2016 fiscal year and $583 billion in
the U.S. government's 2017 fiscal year. This funding includes
a base budget for the Department of Defense of approximately
$521 billion in the U.S. government's 2016 fiscal year
and $524 billion in the U.S. government's 2017 fiscal
year. BBA 2015 also provides approximately $59 billion for
Department of Defense Overseas Contingency Operations (OCO)
spending in each of the U.S. government's 2016 and 2017
fiscal years.
While BBA 2013 and BBA 2015 (collectively, the
"
Bipartisan Budget
Acts
"), taken together,
increased discretionary spending limits through the U.S.
government's 2017 fiscal year, the Bipartisan Budget Acts
retained sequestration cuts for the U.S. government's 2018
through 2021 fiscal years, including the across-the-board spending
reduction methodology provided for in the BCA. As a result, there
remains uncertainty regarding how, or if, sequestration cuts will
be applied in the U.S. government's 2018 fiscal year and
beyond. Department of Defense and other agencies may have
significantly less flexibility in how to apply budget cuts in
future years. While the defense budget sustained the largest single
reductions under the BCA, other civil agencies and programs have
also been impacted by significant spending reductions. In light of
the BCA and deficit reduction pressures, and the recent change in
administrations, it is likely that discretionary spending by the
U.S. government will remain constrained for a number of
years.
7
In September of 2017, the House and Senate passed a continuing
resolution which funds the government through December 8, 2017. The
debt limit was also temporarily suspended through December 8, 2017.
Permanent appropriations bills are currently under consideration by
committees in the House and Senate. The House is working off of a
total funding level that would significantly increase defense
spending and slightly reduce non-defense spending compared to last
year, while the Senate has adopted unofficial guidance that has an
overall spending level that is the same as FY 2017 but with
different allocations within that total. If an annual
appropriations bill is not enacted for the U.S. government's
2018 fiscal year or beyond, the U.S. government may operate under a
continuing resolution, abating RFP processes, restricting new
contract or program starts and government slowdowns, or even
shutdowns, could arise. The new administration has signaled an
intent to increase U.S. government defense, homeland security and
infrastructure spending and to decrease spending in other areas
such as housing, foreign assistance and environmental programs,
however, there is no guarantee these changes will take place.
Novume anticipates there will continue to be significant debate
within the U.S. government over spending throughout the budget
appropriations process for the U.S. government's 2018 fiscal
year and beyond. The outcome of these debates and the volume of
RFPs issued by the U.S. government could have long-term impacts for
our industry and for us, including that we may not have sufficient
resources to handle any increase in demand for
services.
Since we generate most of our revenues from clients that bid on
contracts with U.S. government agencies, our operating results
could be adversely affected by spending caps or changes in the
budgetary priorities of the U.S. government, as well as by delays
in RFP processes, program starts or the award of contracts or task
orders under contracts.
Consolidation of Novume's client base could lead to less
demand for our services.
AOC Key Solutions has witnessed a variety of transactions impacting
its client base: CACI acquired L-3's National Security
Solutions business unit for $550 million; Harris Corporation
acquired Exelis, Inc. for $4.7 billion; Science Applications
International Corporation ("
SAIC
")
acquired Scitor Corporation from Leonard Green Partners for
$790 million; The Carlyle Group acquired Novetta Solutions
from Arlington Capital; and Computer Sciences Corporation
("
CSC
") split its public sector business from its
commercial and international business (the public sector business
then merged with SRA International to form CSRA, Inc. the largest
professional services firm to the U.S. government). This
consolidation of AOC Key Solutions's client base could lead
to less demand for its services.
Due to the competitive process to obtain contracts and an increase
in bid protests, Novume may be unable to achieve or sustain revenue
growth and profitability.
Novume expects that a majority of the business that AOC Key
Solutions seeks in the foreseeable future will be under service
agreements awarded to clients through a competitive bidding
process, including Indefinite Delivery/Indefinite Quantity
("
ID/IQ
")
contracts. The U.S. government has increasingly relied on contracts
that are subject to a competitive bidding process, which has
resulted in greater competition and increased pricing pressure. As
a result, there is a tendency for it to place undue emphasis on low
price over technical merit when selecting contractors. This in turn
can result in the U.S. government contracts market attracting
extremely low-priced competitors who see certain consulting
products and services as mere "commodities" and price
accordingly. Government contractors may decide that they can
prepare their bid responses with internal resources and not engage
outside organizations to assist this process.
The competitive bidding process involves substantial costs and a
number of risks, including significant cost and managerial time to
prepare bids and proposals for contracts that may not be awarded to
AOC Key Solutions's clients, and therefore puts our
reputation at risk and may affect our future contracts with these
clients, or that may be awarded but for which our customers do not
receive meaningful task orders which might make them less likely to
bid for additional task orders. For support contracts awarded to
AOC Key Solutions, we also face the risk of inaccurately estimating
the resources and costs that will be required to fulfill these
engagements, which also could impact its reputation and the
likelihood of getting additional engagements for capture and
proposal support.
A reduction in national or global economic activity, and,
specifically a reduction of economic activity in the key industries
in which we provide services, may harm our business and financial
condition.
The demand for our services, in particular
our staffing services, is highly dependent upon the state
of the economy and upon the staffing needs of the our
clients. Global is particularly dependent on the U.S. aerospace and
defense industry. Its
key
strength and revenue driver is the provision of experienced,
specialized personnel in this sector. The U.S. aerospace and
defense sector has experienced growth in 2016 and 2017 (to date),
but there is no assurance that such growth will be sustained.
If
government military
spending declines
or if the
commercial aerospace subsector experiences a downturn, or both,
there may be a reduced need for Global's staffing services
and Global's
operational results
may be adversely affected. This, in turn, could adversely affect
Novume's operational results and financial
condition.
AOC Key Solutions's business is directly tied to the success
of its government contracting clients, which are increasingly
reliant on ID/IQ contracts. ID/IQ contracts are not firm orders for
services, and we may generate limited or no revenue from these
contracts which could adversely affect its operating
performance.
ID/IQ contracts are typically awarded to multiple contractors, and
the award of an ID/IQ contract does not represent a firm order for
services. Generally, under an ID/IQ contract, the government is not
obligated to order a minimum of services or supplies from its
contractor, irrespective of the total estimated contract value. In
effect, an ID/IQ award acts as a "hunting license,"
permitting a contractor to bid on task orders issued under the
ID/IQ contract, but not guaranteeing the award of individual task
orders. Following an award under a multi-award ID/IQ program, the
customer develops requirements for task orders that are
competitively bid against all of the contract awardees. However,
many contracts also permit the U.S. government to direct work to a
specific contractor. Novume's clients may not win new task
orders under these contracts for various reasons, including price,
past performance and responsiveness, among others. We support our
government contractor clients both when they compete to get the
umbrella ID/IQ contract and subsequently when Novume helps the
winners of those contracts compete for individual tasks. The
proposals for both of these stages can be relatively brief and
require quick turn-arounds, thus potentially reducing some
opportunities to be awarded significant turn-key engagements. While
it is possible that the increased importance of winning the
umbrella ID/IQ contract will prompt clients to hire outside firms
to prepare their proposals, it is also likely that government
contractors will decide to prepare ID/IQ proposals without the
assistance from outside experts.
Increased reliance on task order responses as the preferred method
of proposal submission may significantly and adversely affect
Novume's future revenues, cash flow and financial
results.
The U.S. government sometimes makes use of abbreviated (miniature)
submissions to a solicitation by requiring a task order response
rather than a full proposal, especially for ID/IQ contracts. Task
Order Responses (TORs) as a rule tend to be relatively brief and
have a short response period (often 10 days). These reduced page
counts and shorter response times reduce the need for
Novume's traditional services, and if TORs become more of a
standard for the U.S. government, this could adversely impact
Novume's operations, cash flow and financial
results.
8
Novume's business could be negatively impacted by cyber and
other security threats or disruptions.
Novume and our subsidiaries face various cyber and other security
threats, including attempts to gain unauthorized access to
sensitive information and networks; insider threats; threats to the
safety of our directors, officers and employees; threats to the
security of our facilities and infrastructure; and threats from
terrorist acts or other acts of aggression. Clients and partners
(including subcontractors and joint ventures) face similar threats.
Although we use various procedures and controls to monitor and
mitigate the risk of these threats, there can be no assurance that
these procedures and controls will be sufficient. These threats
could lead to losses of sensitive information or capabilities, harm
to personnel, infrastructure or products, and/or damage to our
reputation as well as its partners' ability to
perform.
Cyber threats are evolving and include, but are not limited to,
malicious software, destructive malware, attempts to gain
unauthorized access to data, disruption or denial of service
attacks, and other electronic security breaches that could lead to
disruptions in mission critical systems, unauthorized release of
confidential, personal or otherwise protected information (ours or
that of our employees, customers or partners), and corruption of
data, networks or systems. In addition, Novume could be impacted by
cyber threats or other disruptions or vulnerabilities found in
products we use or in our partners' or customers'
systems that are used in connection with Novume's business.
These threats, if not prevented or effectively mitigated, could
damage our reputation, require remedial actions and lead to loss of
business, regulatory actions, potential liability and financial
losses.
Novume provides services to various customers (commercial and
occasionally government) who also face cyber threats.
Novume's services may themselves be subject to cyber threats
and/or they may not be able to detect or deter threats, or
effectively to mitigate resulting losses. These losses could
adversely affect our customers and us.
The impact of these factors is difficult to predict, but one or
more of them could result in the loss of information or
capabilities, harm to individuals or property, damage to our
reputation, loss of business, regulatory actions and potential
liability, any one of which could have a material adverse effect on
our financial position, results of operations and/or cash
flows.
9
USE OF PROCEEDS
The Selling Securityholders will receive all of the proceeds from
the resale of the Shares that may be sold using this Reoffer
Prospectus. We will not receive any of the proceeds from the resale
of these Shares.
SELLING SECURITYHOLDERS
This Reoffer Prospectus relates to the reoffer and resale of
927,074 Shares by the Selling Securityholders named below, who have
or may acquire such Shares upon the vesting (if applicable) and
proper exercise of Novume Options. The Selling Securityholders may
resell all, a portion or none of such Shares from time to
time.
The Selling Securityholders include, among others, such persons
who, prior to the Mergers, were named executive officers, directors
or significant employees of KSI or Brekford, or who are otherwise
directors or officers of the Company or its subsidiaries. In
connection with the Mergers, the holders of KSI Options granted to
such holders under the KSI
2016 Plan received
Novume Options under our 2017 Plan. Similarly,
holders of Brekford Options granted to such
holders under Brekford's 2008 Plan
received Novume Options
under our 2017 Plan
. We note
that two former directors of Brekford, Mssrs. West and Ellis, who
are named below as Selling Securityholders, are not now providing
services to the Company but were otherwise entitled to receive
Novume Options in consideration for the Mergers.
Awards
under the 2017 Plan are available only to persons providing
services to Novume, as described therein; accordingly,
Mssrs. West and Ellis each received
the Novume Options were not granted outside of the 2017 Plan,
pursuant to certain Non-Qualified Stock Option Grant Agreements
dated September 27, 2017.
The following table sets forth, with respect to each Selling
Securityholder, based upon information available to us as of
October 6, 2017 (1) the number of shares of our Common Stock
beneficially owned as of such date; (2) the number of Shares that
may be sold pursuant to this Reoffer Prospectus (i.e., the number
of shares underlying all Awards granted to such Selling
Securityholder under the 2017 Plan); and (3) the number and percent
of the 14,308,784 outstanding shares of our Common Stock as of
October 6, 2017 beneficially owned by such Selling Securityholder
after the offering, assuming the sale by such Selling
Securityholder of all of such Selling Securityholder's
Shares. The outstanding number does not include any shares of
treasury stock.
Shares of Common Stock Beneficially Owned after
Offering (2)
Name
of Selling
Securityholder
Shares of Common Stock
Beneficially Owned Prior
to Offering (1)
Shares of Common
Stock to be Sold
Number
Percent
Harry
Rhulen
526,043
(3)
155,195
(4)
526,043
3.6%
Carl Kumpf
19,399
(5)
174,595
(6)
-
*
Riaz
Latifullah
72,748
(7)
174,595
(8)
-
*
Suzanne
Loughlin
526,043
(3)
155,195
(9)
526,043
3.6%
Paul
de Bary
48,499
(10)
48,499
(10)
-
*
Glenn
Goord
48,499
(11)
48,499
(11)
-
*
Christine
Harada
48,499
(12)
48,499
(12)
-
*
James
Satterfield
526,043
(3)
96,997
(13)
526,043
3.7%
Robert
West
35,053
(14)
15,000
(15)
20,053
*
Steve
Ellis
10,333
(16)
10,000
(17)
333
*
* Less than 1%
(1) The
number of shares beneficially owned is determined under rules
promulgated by the SEC and includes (i) outstanding shares of
Common Stock and (ii) options to purchase Common Stock that have
vested or will vest within 60 days of October 6, 2017.
(2)
Assumes (i) that all shares of Common Stock registered hereunder
are sold, and (ii) total issued and outstanding shares of Common
Stock of 14,308,784.
(3) Represents 315,625 outstanding shares of Common Stock, and
105,209 shares of Common Stock issuable upon the exercise of
outstanding warrants to purchase shares of Common Stock at $2.5774
per share, and 105,209 shares of Common Stock issuable upon
exercise of outstanding warrants to purchase shares of Common Stock
at $3.6084 per share. This figure does not include 155,195 Shares
issuable upon the exercise of Novume Options granted under the 2017
Plan that have not vested and may not vest within 60 days
of
October 6, 2017.
10
(4) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for KSI
Options previously granted under the KSI 2016 Plan in connection
with his employment as President of KSI
. Mr. Rhulen's
employment agreement with KSI was assumed by Novume upon
consummation of the Mergers, and he now serves as
President
of Novume. The Novume
O
ptions vest in 24
successive monthly installments beginning on the first anniversary
of January 25, 2017, which was the original grant date of the KSI
Options.
(5) Represents Shares underlying Novume Options exercisable at a
price of $1.6753 per share, granted under the 2017 Plan. These
Novume Options were issued to Mr. Kumpf in connection with his
employment as Chief Financial Officer of the Company. This figure
does not include 155,196 shares of our Common Stock underlying
Novume Options granted under the 2017 Plan that have not yet vested
and may not vest within 60 days of October 6, 2017.
(6) Represents Shares underlying Novume Options exercisable at a
price of $1.6753 per share, granted under the 2017 Plan. The
options began vesting on August 28, 2017 and will continue to vest
in equal monthly installments over the following 36 months. The
options were issued to Mr. Kumpf in connection with his employment
as Chief Financial Officer of the Company.
(7) Represents Shares underlying Novume Options exercisable at a
price of $1.4176 per share, granted under the 2017 Plan. This
figure does not include 101,847 shares of our Common Stock
underlying Novume Options granted under the 2017 Plan that have not
yet vested and may not vest within 60 days of October 6,
2017.
(8) Represents Novume Options exercisable at a price of $1.4176 per
share, granted under the 2017 Plan. These Novume Options were
received by the holder in exchange for KSI Options previously
granted under the KSI 2016 Plan in connection with his employment
as Chief Financial Officer of KSI
. Mr. Latifullah's
employment agreement with KSI was assumed, and amended and
restated, by Novume upon consummation of the Mergers. He now serves
as
Executive Vice President, Corporate
Development,
of Novume. The Novume
Options vest in 24 successive monthly
installments beginning on March 1, 2017, which was the original
vesting start date of the KSI Options.
(9) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for options
previously granted under the KSI 2016 Plan in connection with her
employment as General Counsel and Chief Administrative Officer of
KSI
. Ms. Loughlin's employment agreement with KSI was
assumed by Novume upon consummation of the Mergers, and she now
serves as
General Counsel and Chief
Administrative Officer
of Novume. The Novume O
ptions vest in 24 successive monthly
installments beginning on the first anniversary of January 25,
2017, which was the original grant date of the KSI
Options.
(10) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.5464 per share, granted under the 2017
Plan. These Novume Options were received by the holder in exchange
for options previously granted under the KSI 2016 Plan in
connection with his being a director of KSI. Mr. de Bary is now a
director of Novume.
(11) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.2887 per share, granted under the 2017
Plan. These Novume Options were received by the holder in exchange
for options previously granted under the KSI 2016 Plan in
connection with his being a director of KSI. Mr. Goord is now a
director of Novume.
(12) Represents Shares underlying fully-vested Novume Options
exercisable at a price of $1.6753 per share, granted under the 2017
Plan. Ms. Harada is a director of Novume.
(13) Represents Shares underlying Novume Options exercisable at a
price of $1.5464 per share, granted under the 2017 Plan. These
Novume Options were received by the holder in exchange for KSI
Options previously granted under the KSI 2016 Plan in connection
with his employment as President and Chief Executive Officer of
Firestorm Solutions, LLC and Firestorm Franchising, LLC prior to
the Mergers
. Mr. Satterfield continues to serve in such
capacity after the Mergers. The Novume O
ptions vest in 24 successive monthly
installments beginning on the first anniversary of January 25,
2017, which was the original grant date of the KSI
Options.
(14)
Includes (i) 20,053
outstanding shares of Common Stock; (ii) 5,000 Shares
underlying
Novume Options with a strike price of $3.00 per
share, expiring December 31, 2017; (iii) 5,000
Shares underlying
Novume Options with a
strike price of $3.60 per share, expiring February 28, 2018; and
(iv) 5,000
Shares underlying
Novume Options with a strike price of $1.80 per share, expiring
December 31, 2017
. The Novume Options
were received by the holder in exchange for Brekford Options
previously granted under the Brekford 2008 Plan in connection with
his membership on Brekford's board of directors prior to the
Mergers. Mr. West is no longer a director of
Brekford.
(15)
Represents (i) 5,000
Shares underlying
Novume Options with a strike price of
$3.00 per share, expiring December 31, 2017; (ii) 5,000
Shares underlying
Novume
Options with a strike price of $3.60 per share, expiring February
28, 2018; and (iii) 5,000
Shares
underlying
Novume Options with a strike price of $1.80 per
share, expiring December 31, 2017
. The
Novume Options were received by the holder in exchange for Brekford
Options previously granted under the Brekford 2008 Plan in
connection with his membership on Brekford's board of
directors prior to the Mergers. Mr. West is no longer a director of
Brekford.
(16)
Includes (i) 333
outstanding shares of Common Stock; (ii) 5,000 Shares
underlying
Novume Options with a strike price of $3.60 per
share, expiring February 28, 2018; and (iii) 5,000
Shares underlying
Novume Options with a
strike price of $1.80 per share, expiring December 31,
2017
. The Novume Options were received
by the holder in exchange for Brekford Options previously granted
under the Brekford 2008 Plan in connection with his membership on
Brekford's board of directors prior to the Mergers. Mr. Ellis
is no longer a director of Brekford.
(17)
Represents (i) 5,000
Shares underlying
Novume Options with a strike price of
$3.60 per share, expiring February 28, 2018; and (ii) 5,000
Shares underlying
Novume
Options with a strike price of $1.80 per share
expiring December 31, 2017. The Novume Options
were received by the holder in exchange for Brekford Options
previously granted under the Brekford 2008 Plan in connection with
his membership on Brekford's board of directors prior to the
Mergers. Mr. Ellis is no longer a director of
Brekford.
11
PLAN OF DISTRIBUTION
The Selling Securityholders, and any of their pledgees, donees,
transferees, assignees and successors-in-interest may, from time to
time, sell any or all of the Shares covered by this Reoffer
Prospectus on any stock exchange, market or trading facility on
which our Shares of Common Stock are traded or in private
transactions. Registration of the securities covered by this
Reoffer Prospectus does not mean, however, that those securities
will necessarily be offered or sold. Any such sales may be at fixed
or negotiated prices. We will pay all fees and expenses incurred in
connection with the registration of the Shares, and we will pay any
brokerage or underwriting commissions or discounts or other
expenses relating to the sale of the Shares.  The payments of
such expenses and other costs will be deemed as income to the
Selling Securityholders.
The Selling Securityholders may sell the securities separately or
together using any one or more of the following
methods:
●
ordinary brokerage
transactions and transactions in which th broker-dealer solicits
investors;
●
block trades in
which the broker-dealer will attempt to sell the Shares as agent
but may position and resell a portion of the block as principal to
facilitate the transaction;
●
purchases by a
broker-dealer as principal and resale by the broker-dealer for its
own account;
●
an exchange
distribution in accordance with the rules of the applicable
exchange;
●
privately
negotiated transactions;
●
to cover short
sales;
●
broker-dealers may
agree with the Selling Securityholders to sell a specified number
of Shares at a stipulated price per share;
●
a combination of
any of such methods of sale; and
●
any other method
permitted by applicable law.
The Selling Securityholders may also sell Shares under Rule 144, if
any such sale is eligible under the safe harbor, rather than under
our Reoffer Prospectus.
Unless
otherwise prohibited, the Selling Securityholders may enter into
hedging transactions with broker-dealers or other financial
institutions in connection with distributions of the Shares or
otherwise. In such transactions, broker- dealers or financial
institutions may engage in short sales of the Shares in the course
of hedging the position they assume with a Selling Securityholder.
The Selling Securityholders may also engage in short sales, puts
and calls, forward-exchange contracts, collars and other
transactions in our securities and may sell or deliver Shares in
connection with these trades. If a Selling Securityholder sells
Shares short, he or she may redeliver the Shares to close out such
short positions. The Selling Securityholders may also enter into
option or other transactions with broker-dealers or financial
institutions which require the delivery to the broker-dealer or the
financial institution of the Shares. The broker-dealer or financial
institution may then resell or otherwise transfer such Shares
pursuant to this Reoffer Prospectus. In addition, the Selling
Securityholder may loan his or her Shares to broker-dealers or
financial institutions who are counterparties to hedging
transactions and the broker-dealers, financial institutions or
counterparties may sell the borrowed Shares into the public market.
A Selling Securityholder may also pledge Shares to his or her
brokers or financial institutions and under the margin loan the
broker or financial institution may, from time to time, offer and
sell the pledged Shares. To our knowledge, no Selling
Securityholder has entered into any agreements, understandings or
arrangements with any underwriters, broker-dealers or financial
institutions regarding the sale of his or her Shares other than
ordinary course brokerage arrangements, nor are we aware of any
underwriter or coordinating broker acting in connection with the
proposed sale of Shares by a Selling Securityholder.
The
Selling Securityholders and any broker-dealers or agents that are
involved in the sale and distribution of the Shares may be deemed
to be "underwriters" within the meaning of the
Securities Act in connection with such sales. In such event, any
commissions received by such broker-dealers or agents and any
profit on the resale of the Shares purchased by them may be deemed
to be underwriting commissions or discounts under the Securities
Act. Discounts, concessions, commissions and similar selling
expenses, if any, that can be attributed to the sale of the Shares
will be paid by the Selling Securityholder and/or the
purchasers.
The
Selling Securityholders and any other person participating in such
distribution will be subject to applicable provisions of the
Exchange Act, and the rules and regulations thereunder, including,
without limitation, Regulation M of the Exchange Act, which may
limit the timing of purchases and sales of any of the Shares by the
Selling Securityholders and any other participating person.
Regulation M may also restrict the ability of any person engaged in
the distribution of the Shares to engage in market-making
activities with respect to the Shares. All of the foregoing may
affect the marketability of the Shares and the ability of any
person or entity to engage in market-making activities with respect
to the Shares.
We have
advised the Selling Securityholders that, at the time a resale of
the Shares is made by or on behalf of a Selling Securityholder, a
copy of this reoffer prospectus is to be delivered.
12
LEGAL MATTERS
Crowell & Moring LLP, Washington, D.C., counsel to Novume, will
issue a legal opinion concerning the validity of the securities
offered hereby.  Additional legal matters may be passed on for
us, or any underwriters, dealers or agents, by counsel we will name
in the applicable prospectus supplement.
EXPERTS
The consolidated financial statements of Brekford as of
December 31, 2016 and December 31, 2015, and for each of
the two years in the period ended December 31, 2015,
incorporated by reference in this Reoffer Prospectus by reference
to our
Prospectus (the "
Merger Prospectus
") filed
on August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No. 333-216014),
have been so included in reliance on the reports
of independent registered public accounting firms, BD &
Company, Inc. ("
BD &
Company
") during fiscal
year 2016 and Stegman & Company during fiscal year 2015,
given on the authority of said firms as experts in auditing and
accounting.
BD & Company, independent registered public accounting
firm, has audited the consolidated financial statements of KSI and
its subsidiaries as of and for each of the years ended
December 31, 2016 and 2015, as set forth in their report.
Novume has incorporated by reference to the Merger Prospectus the
consolidated financial statements of KSI and its subsidiaries in
reliance on BD & Company's report, given on their
authority as experts in accounting and auditing.
BD & Company, independent auditors, has audited the
combined financial statements of Firestorm as of and for the years
ended December 31, 2016 and 2015, as set forth in their
report. Novume has incorporated by reference to the Merger
Prospectus the combined financial statements of Firestorm in
reliance on BD & Company's report, given on their
authority as experts in accounting and auditing.
Such consolidated financial statements are incorporated herein by
reference in reliance upon such reports given on the authority of
such firms as experts in accounting and auditing.
WHERE YOU CAN FIND MORE INFORMATION
We file annual, quarterly and current reports, proxy statements and
other information with the SEC. You may read and copy any document
we file at the SEC's Public Reference Room at 100 F Street,
N.E., Washington, D.C. 20549. You can request copies of these
documents by writing to the SEC and paying a fee for the copying
cost. Please call the SEC at 1-800-SEC-0330 for more information
about the operation of the public reference room. The SEC also
maintains an Internet site that contains reports, proxy and
information statements, and other information regarding issuers,
like us, who file electronically with the SEC. The address of the
site is http://www.sec.gov.
In addition, we maintain a website that contains information,
including copies of reports, proxy statements and other information
we file with the SEC. The address of our website is www.novume.com.
Information contained on our website or that can be accessed
through our website does not constitute a part of this Reoffer
Prospectus.
INFORMATION INCORPORATED BY REFERENCE
The SEC allows us to incorporate by reference the information we
file with it, which means that we can disclose important
information to you by referring you to another document that we
have filed separately with the SEC. You should read the information
incorporated by reference because it is an important part of this
Reoffer Prospectus. We incorporate by reference the following
information or documents that we have filed with the SEC (excluding
those portions of any Form 8-K that are not deemed
"filed" pursuant to the General Instructions of Form
8-K):
(a)
Prospectus filed on
August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No. 333-216014), which contains audited
financial statements for the Company's latest fiscal year for
which such statements have been filed;
(b)
Quarterly Report on
Form 10-Q for the fiscal quarter ended June 30, 2017, as filed with
the SEC on August 15, 2017;
(c)
Current Reports on
Form 8-K, as filed with the SEC on August 25, 2017, August 29,
2017, September 20, 2017, September 22, 2017, October 3, 2017 and
October 4, 2017; and
(d)
The description of
the terms, rights and provisions applicable to the Common Stock of
Novume Solutions, Inc. contained in the Registration Statement No.
001-35419 on Form 8-A, filed with the SEC on August 29,
2017.
All reports and other documents we subsequently file pursuant to
Section 13(a), 13(c), 14 or 15(d) of the Exchange Act prior to the
termination of this offering, including all such documents we may
file with the SEC after the date of the initial Registration
Statement and prior to the effectiveness of the Registration
Statement, but excluding any information furnished to, rather than
filed with, the SEC, will also be incorporated by reference into
this Reoffer Prospectus and deemed to be part of this Reoffer
Prospectus from the date of the filing of such reports and
documents.
Any statement contained in any document incorporated by reference
herein shall be deemed to be modified or superseded for purposes of
this Reoffer Prospectus to the extent that a statement contained in
this Reoffer Prospectus or any prospectus supplement modifies or
supersedes such statement. Any statement so modified or superseded
shall not be deemed, except as so modified or superseded, to
constitute a part of this Reoffer Prospectus.
We will provide without charge to each person, including any
beneficial owner, to whom this Reoffer Prospectus is delivered,
upon written or oral request, a copy of any or all documents that
are incorporated by reference into this Reoffer Prospectus, but not
delivered with the prospectus, other than exhibits to such
documents unless such exhibits are specifically incorporated by
reference into the documents that this Reoffer Prospectus
incorporates. You should direct written requests to:
Novume Solutions, Inc.
,
14420 Albemarle Point
Place, Suite 200,
Chantilly, VA, 20151
,
(703)
953-3838
,
Attn: General
Counsel.
13
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item
3.
Incorporation of Documents by Reference.
The
following documents filed by the Company with the SEC are
incorporated by reference, as of their respective dates, in this
Registration Statement:
(a)
Prospectus filed on
August 4, 2017 pursuant to Rule 424(b) under the Securities Act
relating to the Registration Statement on Form S-4, as amended
(Registration No. 333-216014), which contains audited
financial statements for the Company's latest fiscal year for
which such statements have been filed;
(b)
Quarterly Report on
Form 10-Q for the fiscal quarter ended June 30, 2017, as filed with
the SEC on August 15, 2017;
(c)
Current Reports on
Form 8-K, as filed with the SEC on August 25, 2017, August 29,
2017, September 20, 2017, September 22, 2017, October 3, 2017 and
October 4, 2017; and
(d)
The description of
the terms, rights and provisions applicable to the Common Stock of
Novume Solutions, Inc. contained in the Registration Statement No.
001-35419 on Form 8-A, filed with the SEC on August 29,
2017.
All
documents subsequently filed by the Company pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange
Act of 1934, as amended, prior to the filing of a post-effective
amendment to this Registration Statement, which indicates that all
securities offered have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and are a
part hereof from the date of filing of such documents.
You can
request a copy of these documents, including exhibits, at no cost,
by writing or telephoning us at the following address:
Novume
Solutions, Inc.
14420 Albemarle Point Place, Suite 200,
Chantilly, VA, 20151
(703) 953-3838
Attn: General Counsel
Any
statement contained in a document incorporated or deemed
incorporated by reference in this Registration Statement shall be
deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained
herein or in any other subsequently filed document which also is or
is deemed to be incorporated by reference herein modifies or
supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration
Statement.
14
Item 4.
Description of Securities.
Not
applicable.
Item 5.
Interests of Named Experts and Counsel.
Not
applicable.
Item
6.
Indemnification
of Directors and Officers.
Section 145
of the Delaware General Corporation Law ("
DGCL
") authorizes a court
to award, or a corporation's board of directors to grant,
indemnity to directors and officers under certain circumstances and
subject to certain limitations. The terms of Section 145 of
the DGCL are sufficiently broad to permit indemnification under
certain circumstances for liabilities, including reimbursement of
expenses incurred, arising under the Securities Act.
As
permitted by the DGCL, the Company's Amended and Restated
Certificate of Incorporation, effective as of August 21, 2017 (the
"
Certificate of
Incorporation
"), contains provisions that eliminate
the personal liability of its directors for monetary damages for
any breach of fiduciary duties as a director, except liability for
the following:
●
any
breach of the director's duty of loyalty to the Company or
its stockholders;
●
acts
or omissions not in good faith or that involve intentional
misconduct or a knowing violation of law;
●
under
Section 174 of the DGCL (regarding unlawful dividends and stock
purchases); or
●
any
transaction from which the director derived an improper personal
benefit.
As
permitted by the DGCL, the Company's Certificate of
Incorporation and Bylaws both provide that:
●
the
Company is required to indemnify its directors and officers to the
fullest extent permitted by the DGCL, subject to very limited
exceptions;
●
the
Company may indemnify its other employees and agents as set forth
in the DGCL;
●
the
Company is required to advance expenses, as incurred, to its
directors and officers in connection with a legal proceeding to the
fullest extent permitted by the DGCL, subject to very limited
exceptions; and
●
the
rights conferred in the Certificate of Incorporation are not
exclusive.
At
present, there is no pending litigation or proceeding involving a
director, executive officer, or employee of the Company regarding
which indemnification is sought. The indemnification provisions in
the Certificate of Incorporation and Bylaws may be sufficiently
broad to permit indemnification of our directors and executive
officers for liabilities arising under the Securities
Act.
We have
directors' and officers' liability insurance for our
directors and officers.
See
also the undertakings set out in response to Item 9 of this
Registration Statement.
15
Item
7.
Exemption
from Registration Claimed.
Not
applicable.
Item 8
.
Exhibits.
The
following exhibits are filed as part of this Registration
Statement. Certain of the following exhibits have been previously
filed with the SEC and are incorporated herein by reference from
the document described in parentheses. Certain others are filed
herewith.
ExhibitNo.
Description of Document
4.1
Certificate
of Incorporation of Novume Solutions, Inc., as filed with the
Secretary of State of the State of Delaware on February 6,
2017 (Previously filed as Exhibit 3.1 to the Registration Statement
on Form S-4 (Reg. No.: 333-216014) as filed with the SEC on
February 10, 2017.)
4.2
Amended
and Restated Certificate of Incorporation of Novume Solutions,
Inc., as filed with the Secretary of State of the State of Delaware
on August 21, 2017 (Previously filed as Exhibit 3.1 to the Current
Report on Form 8-K filed by the Company with the SEC on August 25,
2017).
4.3
Certificate
of Designations of Series A Cumulative Convertible Redeemable
Preferred Stock, as filed with the Secretary of State of the State
of Delaware on August 21, 2017 (Previously filed as Exhibit 4.1 to
the Current Report on Form 8-K filed by the Company with the SEC on
August 25, 2017).
4.4
Form of
Certificate of Designations of Series B Cumulative Convertible
Redeemable Preferred Stock, as filed with the Secretary of State of
the State of Delaware on August 21, 2017 (Previously filed as
Exhibit 4.2 to the Current Report on Form 8-K filed by the Company
with the SEC on September 22, 2017).
4.5
Bylaws
of Novume Solutions, Inc. (Previously filed as Exhibit 3.4 to the
Registration Statement on Form S-4 (Reg. No.: 333-216014) as filed
with the SEC on February 10, 2017.)
4.6
Amended
and Restated Bylaws of Novume Solutions, Inc., as adopted on
August 24, 2017 (Previously filed as Exhibit 3.2 to the Current
Report on Form 8-K filed by the Company with the SEC on August 25,
2017).
4.7
*
2017
Equity Award Plan of Novume Solutions, Inc.
4.8
*
Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Steve Ellis, dated September 27, 2017 (2015
Options)
4.9
Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Steve Ellis, dated September 27, 2017 (2016 Options)
(Previously filed as Exhibit 10.6 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)
4.10
Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2014 Options)
(Previously filed as Exhibit 10.7 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)
4.11
*
Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2015
Options)
4.12
Non-Qualified
Stock Option Agreement by and between the Novume Solutions, Inc.,
and Robert West, dated September 27, 2017 (2016 Options)
(Previously filed as Exhibit 10.8 to the Current Report on Form 8-K
filed by the Company with the SEC on October 3, 2017)
5.1
*
Legal
Opinion of Crowell and Moring LLP
23.1
*
Consent of BD & Company, Inc
.
23.2
*
Consent of BD & Company, Inc
.
23.3
*
Consent of Stegman & Company, Inc.
23.4
*
Consent of Crowell
& Moring LLP
(included in the opinion filed herewith as Exhibit
5.1)
24*
Power
of Attorney (included on signature page of this Registration
Statement).
*
Filed
herewith.
16
Item
9.
Underta
kings.
A. The
undersigned registrant hereby undertakes:
(1) To
file, during any period in which offers or sales are being made, a
post-effective amendment to this registration
statement:
(a) To
include any prospectus required by Section 10(a)(3) of the
Securities Act;
(b) To
reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set
forth in the registration statement; and
(c) To
include any material information with respect to the plan of
distribution not previously disclosed in the registration statement
or any material change to such information in the registration
statement;
Provided, however,
that paragraphs (A)(1)(a) and (A)(1)(b) do not apply if the
information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to
Section 13 or 15(d) of the Exchange Act that are incorporated
by reference in the registration statement.
(2)
That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time
shall be deemed to be the initial
bona fide
offering
thereof.
(3) To
remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the
termination of the offering.
B. The
undersigned registrant hereby undertakes that, for purposes of
determining liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section 13(a) or
15(d) of the Exchange Act that is incorporated by reference in this
registration statement shall be deemed a new registration statement
relating to the securities offered therein, and the offering of
such securities at that time shall be deemed to be the initial
bona fide
offering
thereof.
C.
Insofar as indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and
controlling persons of the registrant pursuant to the foregoing
provisions, or otherwise, the registrant has been advised that in
the opinion of the Commission such indemnification is against
public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant
of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final adjudication
of such issue.
17
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, as amended, the
Company certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly
caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the city of
Chantilly, Virginia on this 6
th
day of October,
2017.
NOVUME
SOLUTIONS, INC.
By:
/s/ Robert A. Berman
Robert
A. Berman,
Chief
Executive Officer (Principal Executive Officer)
KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Robert A. Berman his/her true and
lawful attorney-in-fact and agent with full power of substitution
and re-substitution, for him/her and in his/her name, place and
stead, in any and all capacities to sign any or all amendments
(including, without limitation, post-effective amendments) to this
Registration Statement, any related Registration Statement filed
pursuant to Rule 462 under the Securities Act of 1933 and any or
all pre- or post-effective amendments thereto, and to file the
same, with all exhibits thereto, and all other documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite
and necessary to be done in and about the premises, as fully for
all intents and purposes as he or she might or could do in person,
hereby ratifying and confirming that said attorney-in-fact and
agent, or any substitute or substitutes for him, may lawfully do or
cause to be done by virtue hereof.
Pursuant
to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed by the following persons in
the capacities and on the date indicated.
Signature
Title
Date
/s/ Robert A. Berman
Chief
Executive Officer (Principal Executive Officer),
Director
October
6, 2017
Robert
A. Berman
/s/ Carl Kumpf
Chief
Financial Officer (Principal Financial and Accounting
Officer)
October
6, 2017
Carl
Kumpf
/s/ James McCarthy
Chairman
of the Board of Directors
October
6, 2017
James
McCarthy
/s/ Paul de Bary
Director
October
6, 2017
Paul de
Bary
/s/ Richard Nathan
Director
October
6, 2017
Richard
Nathan
/s/ Christine Harada
Director
October
6, 2017
Christine
Harada
/s/ Glenn Goord
Director
October
6, 2017
Glenn
Goord
18