Tempe, Ariz. and Los Angeles, CA (July 10, 2017) – VirTra, Inc. (OTCQX: VTSI), (the “Company”), a leading provider of judgmental use of force simulators and firearms training simulators, is pleased to announce that it has retained Boustead Securities, LLC (“Boustead”) as its Financial Advisor. VirTra today also reaffirmed its intention to register its common stock with the Securities and Exchange Commission and to apply to uplist from the OTCQX to a senior national exchange.
VirTra Chairman and CEO, Bob Ferris, commented, “The engagement of Boustead Securities and the launch of our uplisting efforts are key events in the continued progress of VirTra and the rollout of our proprietary simulator systems to the global law enforcement and military industry. Boustead’s highly experienced and reputable staff, combined with their extensive relationships with investors, should benefit VirTra in the capital markets and help us enhance shareholder value.”
Boustead Securities’ Dan McClory, Managing Director and Head of Equity Capital Markets, described the engagement with VirTra as “an outstanding opportunity to work with VirTra in their quest to build on their leadership position in virtual reality-based and other firearms simulation systems and accessories. With the recent successful Reg A+ to NASDAQ IPO of Adomani (NASDAQ: ADOM), we are looking forward to helping the Company increase its visibility with potential investors and with the ultimate goal of expanding its shareholder base.”
About VirTra, Inc.
Tempe, Arizona-based VirTra, Inc. is a global leading provider of the world’s most realistic and effective judgmental use-of-force simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra’s products provide the very best simulation training available for personnel that are entrusted with lethal force and critical missions. The Company’s common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
About Boustead Securities, LLC
Boustead Securities, LLC is an investment banking firm that advises clients on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions. Our core value proposition is our ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States and around the world, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services.
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