secwatch.observer — SEC 8-K summary
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Issuer:     Corvex, Inc. (MOVE)
CIK:        0001734750
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001213900-23-006456
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Movano raises $5.8M in underwritten public offering of common stock and warrants
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- Offered 4,644,000 shares at $1.40 each plus one warrant per two shares.
- Warrants exercisable at $1.57/share, expire in 5 years; redeemable by company if stock ≥$4.87 for 10 days.
- Net proceeds ~$5.8M after underwriting discounts; will fund product development and commercialization.
- Offering closed Jan 31, 2023; Newbridge Securities acted as sole book-runner.
- Warrants will not be listed on any exchange; no trading market expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734750/000121390023006456/0001213900-23-006456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734750/000121390023006456/ea172434-8k_movanoinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-006456

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer