Welcome to our dedicated page for Corvex SEC filings (Ticker: MOVE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Corvex, Inc. filings document the company's public-company transition, material-event reporting, securities registration activity, and capital structure. Recent 8-K reports cover material agreements, shareholder voting matters, governance matters, operating and financial results, and Nasdaq listing-compliance disclosures for the MOVE common stock.
Registration statements filed under the former Movano Inc. name describe offered securities, issuer status as a smaller reporting company and emerging growth company, and delayed or continuous offering mechanics. The filing record also documents the completed merger-related change to Corvex, Inc. and related capitalization and governance disclosures.
Corvex, Inc. is soliciting votes at a virtual Annual Meeting on June 22, 2026 to approve proposals tied to the recently completed Merger with Corvex OpCo. The Board asks stockholders to approve the Conversion Proposal and Option Proposal that would permit issuance of up to 68,642,440 shares of common stock arising from conversions, assumed RSUs and assumed options.
The proxy materials note record holders as of April 28, 2026, state pro forma shares outstanding of 70,623,487 assuming full exercise and conversion, and disclose a Stock Dividend distributed April 6, 2026. The Board discloses related support and lock-up agreements and describes key risks from integration, dilution, supply chain, power, and capital requirements.
Corvex, Inc., an AI cloud computing company focused on GPU-accelerated infrastructure, reported strong top-line growth for the quarter ended March 31, 2026. Revenue rose to $510 thousand from $206 thousand a year earlier, driven mainly by $475 thousand from its AI platform and services business, which did not generate revenue in the prior-year period.
Operating expenses were $5.36 million, roughly flat versus $5.44 million last year, leading to a loss from operations of $4.85 million compared with $5.24 million. Net loss was $5.01 million, slightly improved from $5.18 million, and adjusted EBITDA narrowed to $(1.60) million from $(4.90) million, reflecting lower losses in connected devices and the contribution of the AI platform.
The quarter also reflects the recently completed Merger. Total assets increased to $604.48 million from $5.60 million, including $518.26 million of goodwill and $15.36 million of intangible assets. Cash and cash equivalents rose to $29.33 million from $2.83 million, helped by $36.68 million of cash acquired in the business combination and a noncash equity issuance of $581.91 million to acquire the business. Total stockholders’ equity improved to $576.00 million from a deficit of $(3.47) million.
Corvex, Inc. is furnishing updated unaudited pro forma financials and non-GAAP data reflecting its March 19, 2026 acquisition of Corvex Legacy Holdings, Inc. The merger is treated as a business combination with Corvex as the accounting acquirer.
The estimated purchase price is $581,911 (thousands), largely allocated to goodwill of $518,263 and identifiable intangibles including customer relationships and trade names. Pro forma combined revenue was $3,653 (thousands) for the three months ended March 31, 2026 and $7,535 (thousands) for 2025, with pro forma net losses of $15,933 and $68,399 (thousands), respectively. Pro forma Adjusted EBITDA, a non-GAAP measure, was a loss of $933 (thousands) for Q1 2026 and $13,668 (thousands) for 2025.
Corvex, Inc. filed its quarterly report for the three months ended March 31, 2026, highlighting the completed acquisition of Corvex OpCo, an AI cloud computing company focused on GPU-accelerated infrastructure. The deal, valued at about $581.9 million, added significant assets including $518.3 million of goodwill and $15.4 million of intangible assets, and shifted the business to two segments: AI Platform and services and Connected devices and services.
Quarterly revenue rose to $510,000 from $206,000 a year earlier, mainly from AI Platform and services of $475,000. The company reported a net loss of $5.0 million, slightly improved from a $5.2 million loss in 2025, with higher operating expenses tied to the new AI infrastructure. Cash and cash equivalents increased sharply to $29.3 million from $2.8 million at year-end, and total assets expanded to $604.5 million. Deferred revenue increased to $4.4 million, reflecting multi-period AI service contracts, while a $1.5 million related-party bridge loan carried a $3.0 million premium obligation and a $4.5 million carrying amount.
Corvex, Inc. notified the SEC that it cannot file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 within the prescribed time without unreasonable effort or expense. The Company attributes the delay to the accounting complexity arising from its completed merger dated March 19, 2026 and states it expects to file the Form 10-Q within the 5 calendar day extension period provided by Rule 12b-25.
The notification was signed by CFO J. Cogan on May 18, 2026. The filing explains that additional time and resources are required to complete financial reporting and close procedures related to the Merger and the application of U.S. GAAP accounting standards.
Corvex, Inc. is soliciting proxies for its virtual 2026 Annual Meeting on May 29, 2026 to seek stockholder approval of multiple merger-related proposals. The company completed a Merger with Corvex OpCo on March 19, 2026, issued preferred shares that converted or may convert into common stock, and assumed OpCo equity awards.
The proxy asks shareholders to approve the Conversion Proposal (conversion of Series C and optional conversion of Series D Preferred Stock) and the Option Proposal (issuance of common stock underlying assumed RSUs and options). The record date is April 28, 2026.
Corvex, Inc. filed an amended current report to add the historical financial statements of its acquired subsidiary, Corvex Legacy Holdings, Inc. (Corvex OpCo), and unaudited pro forma combined financial information related to their March 19, 2026 merger.
Corvex OpCo, an AI cloud computing provider focused on GPU-accelerated infrastructure, generated $7.1 million in revenue for 2025 and recorded a net loss of $9.5 million. At December 31, 2025 it held $35.3 million in cash and total assets of $67.6 million, against total liabilities of $57.2 million, including a SAFE liability of $27.3 million and warrant liabilities of $13.1 million.
Corvex, Inc. changed its independent auditor following its March 19, 2026 merger, dismissing RBSM LLP and appointing BDO USA, P.C. for the fiscal year ending December 31, 2026. RBSM’s audit report on the 2025 financial statements contained an explanatory paragraph about Corvex’s ability to continue as a going concern.
The filing states there were no disagreements with RBSM on accounting, disclosure, or audit procedures, and no additional reportable events beyond previously disclosed material weaknesses in internal control over financial reporting. Those weaknesses involved an ineffective control environment, including insufficient qualified personnel and incomplete implementation of COSO control components. Corvex reports it did not consult BDO on accounting matters before the engagement; BDO previously audited Corvex Legacy Holdings, Inc. prior to the merger.
Corvex, Inc. files an amendment to its 2025 annual report to add detailed Part III information on directors, executive officers, compensation, ownership and related‑party transactions because it will not file a 2026 proxy statement within 120 days of year‑end.
The filing outlines a reconfigured leadership team, with Jay Crystal as Chief Executive Officer, John Mastrototaro as Chief Operating Officer, and new director Seth Demsey. It describes liquidity challenges in 2025 that led Corvex to replace portions of cash salaries and director fees with equity, including discounted stock options at $1.25 per share expiring on June 30, 2026.
The amendment also details new and legacy director compensation policies, equity plan usage, severance and change‑in‑control protections, significant private financings at Corvex and its subsidiary Corvex OpCo, and updated beneficial ownership data, including 1,981,462 common shares outstanding as of April 20, 2026.
Corvex, Inc. has regained compliance with Nasdaq’s minimum stockholders’ equity requirement for its common stock listing. Nasdaq’s Hearings Panel informed the company on April 7, 2026, that it now meets the Minimum Stockholders’ Equity Rule. The company will be under a Mandatory Panel Monitor for one year starting April 7, 2026, and any new listing-rule violation during this period could lead directly to a new hearing without additional time to regain compliance.