secwatch.observer — SEC 8-K summary
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Issuer:     Corvex, Inc. (MOVE)
CIK:        0001734750
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001213900-23-088348
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Movano receives Nasdaq deficiency notice for bid price below $1.00
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- Nasdaq notice dated Nov 14, 2023: common stock bid price below $1.00 for 30 consecutive days.
- Company has 180 days until May 13, 2024 to regain compliance by closing at $1.00+ for 10 consecutive days.
- If non-compliant by May 13, 2024, may seek a second 180-day grace period if other listing standards met.
- Failure to regain compliance could lead to delisting from Nasdaq Capital Market.
- Management evaluating actions to cure deficiency; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734750/000121390023088348/0001213900-23-088348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734750/000121390023088348/ea188556-8k_movano.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-088348

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