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. (MOVE) has filed a shelf registration statement on Form S-3 to register up to $500,000,000 of common stock, preferred stock, debt securities, warrants, rights and units that may be offered from time to time, with specific terms and pricing to be set in future prospectus supplements.
Corvex is an AI cloud computing company providing GPU-accelerated infrastructure for AI workloads, following its March 19, 2026 acquisition of Corvex Legacy Holdings, Inc. The company intends to use net proceeds primarily for working capital and general corporate purposes, including expanding infrastructure deployment and funding commercialization activities.
As of September 2, 2026, Corvex had authorization for 500,000,000 common shares, with 31,552,275 shares outstanding, and 5,000,000 authorized preferred shares, including 29,282.6923 Series D Non-Voting Convertible Preferred shares outstanding, convertible into up to 28,282,686 common shares. A 2026 stock dividend (accounted for as a 1.358-for-1 split) increased historical share counts. The company’s recent audited financial statements include going concern explanatory paragraphs from its auditors.
Corvex, Inc. (MOVE) provides unaudited pro forma financial information for its March 19, 2026 acquisition of Corvex Legacy Holdings, Inc., accounted for as a business combination with Corvex as the accounting acquirer. Estimated purchase consideration is $581.955 million, largely paid via Series B, C and D preferred “Payment Shares.”
The preliminary purchase price allocation records $519.318 million of goodwill and identifiable intangibles of $5.190 million for customer relationships and $10.210 million for trade names. Pro forma combined revenue was $4.312 million with a net loss of $26.155 million for the six months ended June 30, 2026, and revenue of $7.535 million with a net loss of $67.546 million for 2025, implying net loss per share of $0.94 and $2.62, respectively. Corvex also declared a stock dividend of 0.358 share per share, accounted for as a 1.358‑for‑1 stock split distributed on April 6, 2026, and converted substantial Series C and D preferred stock into common shares, significantly increasing the pro forma share count and potential dilution.
Corvex, Inc. (MOVE) filed a Form D for a private exempt offering of equity securities under Rule 506(b) of Regulation D. The notice reports a total amount sold of $33,000,027 with $0 remaining to be sold, and the date of first sale was August 31, 2026.
Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and Oppenheimer & Co. Inc. are listed in the sales compensation section, and reported finders' fees of $0. The issuer declined to disclose its revenue or aggregate net asset value range and did not state any amount of proceeds to be paid to related persons.
Corvex, Inc. (symbol: MOVE) is the issuer of record for a Form 8-K filing submitted to the SEC.
Corvex, Inc. reported second-quarter 2026 results, its first full period including the AI cloud computing business acquired in the March 19, 2026 merger. Revenue for the quarter ended June 30, 2026 was $3.8 million, up from $0.1 million a year earlier, driven entirely by AI platform and services, as the legacy connected devices business contributed no revenue.
The company recorded a net loss of $12.8 million for the quarter and adjusted EBITDA of $(3.2) million, reflecting high operating expenses including significant stock-based compensation. Management highlighted contracted annualized recurring revenue on live compute of approximately $22 million as of August 14, 2026, indicating a growing base of committed AI infrastructure usage. Cash and cash equivalents were $21.7 million as of June 30, 2026, supported by the merger-related balance sheet expansion.
After quarter end, Corvex simplified its capital structure by converting Series A and C preferred stock and part of Series D into common stock, resulting in about 56.6 million common shares on an as-converted basis and a resale registration covering up to 53,390,008 existing-holder shares, from which Corvex will not receive proceeds.
Corvex, Inc. (formerly Movano) transformed via its March 2026 acquisition of Corvex OpCo into an AI cloud provider focused on GPU-accelerated infrastructure, while disposing of its wellness ring business on June 30, 2026 through transfer of legacy assets to settle a related-party bridge loan, recording a $2.5 million gain.
For the three months ended June 30, 2026, Corvex generated $3.8 million in revenue (all from AI Platform and services) versus $0.1 million a year earlier, but reported a net loss of $12.8 million versus $3.2 million, driven by higher operating expenses and $9.7 million of stock-based compensation. Six-month revenue was $4.3 million with a net loss of $17.8 million. Cash and cash equivalents rose to $21.7 million from $2.8 million, helped by $36.7 million of cash acquired in the merger, while net cash used in operations was $9.6 million. Total assets increased to $599.3 million, including $519.3 million of goodwill and $15.0 million of intangibles. The AI business relies heavily on a few counterparties: one supplier provided 26% of purchases, and two customers accounted for 93% of revenue.
Corvex, Inc. is registering up to 53,390,008 shares of common stock for potential resale by existing selling stockholders. The shares include 28,929,588 shares issuable upon conversion of outstanding Series D Preferred Stock and 24,460,420 shares already issued from prior preferred conversions. Corvex will not receive any proceeds from these resales; selling stockholders will decide the timing and method of any sales.
Corvex operates an engineering-led AI cloud computing platform focused on GPU‑accelerated infrastructure for AI workloads, including AI Factories, GPU clusters, confidential computing and a Token Factory in development. As of July 8, 2026, 27,635,745 shares of common stock were outstanding, and assuming full conversion and resale, common stock outstanding would be 56,565,333 shares. The company notes that if all 53,390,008 shares were outstanding, they would represent about 94% of current shares, highlighting potential stock overhang risk.
Corvex, Inc. is registering up to 53,390,008 shares of common stock for potential resale by existing holders, not for a primary capital raise. The shares consist of up to 28,929,588 shares issuable upon conversion of outstanding Series D Non-Voting Convertible Preferred Stock and 24,460,420 shares already issued from prior conversions of Series A, B, C and D preferred stock.
Common stock outstanding was 27,635,745 shares as of July 8, 2026, and would be 56,565,333 shares if all Series D preferred shares are converted and all offered shares are issued. Corvex operates an engineering-led AI cloud computing platform focused on GPU-accelerated infrastructure for AI workloads and is listed on Nasdaq under the symbol MOVE, with a last reported price of $16.50 on July 8, 2026.
The company will not receive any proceeds from sales under this prospectus; Selling Stockholders will receive all sale proceeds and may sell at their discretion over time. A risk factor highlights that if all 53,390,008 shares were outstanding, they would represent approximately 94% of the then-outstanding common stock, creating potential share overhang and dilution for existing investors.
Corvex, Inc. Co-Chief Executive Officer John Crystal III reports beneficial ownership of 4,071,809 shares of Common Stock, representing 14.8% of the outstanding class. His holdings include shares owned directly and through a Roth IRA trust for which he serves as trustee.
These shares were largely received between March and July 2026 as consideration for Corvex, Inc.’s acquisition of Corvex Legacy Holdings, Inc., reflecting his prior ownership and compensation there. He also holds additional unvested restricted stock units and unexercisable stock options that are not counted in his current beneficial ownership.