---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-030443"
form_type: "8-K"
ticker: "MOVE"
cik: "0001734750"
company_name: "Corvex, Inc."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:23:26.496699+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Movano Health raises $24M, reports Q4 operating loss of $6.0M, achieves FDA accuracy milestone

## Summary
- Executed $24M private placement including $3.0M from a tier-1 medical device company and $3.6M from insiders.
- Q4 2023 operating loss of $6.0M, improved from $8.0M loss in Q4 2022.
- Second hypoxia trial: Evie Ring pulse oximeter RMSE 2.46% (FDA guideline 3.5%), exceeding two hospital-grade reference devices.
- Ended 2023 with $6.1M cash; new financing extends runway for Evie Med FDA submission and B2B strategy.
- Launched Evie Ring in Nov 2023; revenue recognition begins in 2024 as shipments started Jan 2024.

## SEC filing metadata
- accession: 0001213900-24-030443
- form_type: 8-K
- ticker: MOVE
- cik: 0001734750
- company_name: Corvex, Inc.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734750/000121390024030443/0001213900-24-030443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734750/000121390024030443/ea0203275-8k_movano.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-030443
- JSON: https://secwatch.observer/filing/0001213900-24-030443.json
- Plain text: https://secwatch.observer/filing/0001213900-24-030443.txt

## Key facts
- Earnings Releases
  Corvex, Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: Movano Inc. announced its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1734750/000121390024030443/0001213900-24-030443-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.