secwatch.observer — SEC 8-K summary
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Issuer:     Corvex, Inc. (MOVE)
CIK:        0001734750
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001213900-24-090544
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734750/000121390024090544/0001213900-24-090544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734750/000121390024090544/ea0218151-8k_movano.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-090544

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