NOVATION COMPANIES, INC. (OTCMKTS:NOVCQ) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

NOVATION COMPANIES, INC. (OTCMKTS:NOVCQ) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
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On December 12, 2018, Novation Companies, Inc. (the “Company”) filed Articles of Amendment (the “Amendment”) to the Company’s Articles of Amendment and Restatement (the “Charter”) with the Maryland Department of Assessments and Taxation, amending the Charter to effect an increase in the number of authorized shares of the Company’s common stock to 780 million and correspondingly increasing the number of authorized shares of the Company’s capital stock to 800 million. The Amendment was approved by the Company’s shareholders at the Company’s 2018 annual meeting of shareholders held on October 4, 2018, which approval allowed the Company’s board of directors 12 months from the date of such annual meeting to determine to implement the Amendment at its discretion.

The foregoing description of the Amendment does not purport to be complete and is subject to, and qualified in its entirety by, reference to the full text of the Amendment, which is filed as Exhibit 3.1 hereto, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits

Exhibit No. Exhibits
3.1 Articles of Amendment to Articles of Amendment and Restatement

NOVATION COMPANIES, INC. Exhibit
EX-3.1 2 ex31to8k11464003_12132018.htm ARTICLES OF AMENDMENT Exhibit 3.1   ARTICLES OF AMENDMENT NOVATION COMPANIES,…
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About NOVATION COMPANIES, INC. (OTCMKTS:NOVCQ)

Novation Companies, Inc. is seeking to acquire operating businesses or make other investments. The Company has not identified any specific acquisition targets. The Company owned Corvisa LLC (Corvisa), a developer and seller of cloud-based communication software under the CorvisaOne brand, telecommunications services, and implementation consulting services. The Company’s subsidiaries include Novation Holdings, Inc., NovaStar CDO Holdings, Inc., NCIP Holdings, LLC and 2114 Central, LLC.

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