Movano Health to effect 1-for-15 reverse stock split on Oct 29 to regain Nasdaq compliance

Corvex, Inc.

Reverse split ratio 1-for-15; shares outstanding will fall from ~99.5M to ~6.6M.
Effective 12:01 a.m. ET Oct 29, 2024; stock will trade split-adjusted on Nasdaq under unchanged ticker MOVE.
Fractional shares rounded up to next whole share; authorized shares and par value unchanged.
Split intended to raise bid price to meet Nasdaq minimum bid price listing requirement.
New CUSIP 62459M206; board determined ratio after shareholder authorization on July 9, 2024.

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