Movano receives Nasdaq delisting notice; plans to appeal by July 14, 2025

Corvex, Inc.

Nasdaq notified Movano on July 7, 2025, that its common stock fails the $1.00 minimum bid price and late filing requirements.
Company has effected a reverse stock split in the prior year, making it ineligible for a standard compliance period.
Trading suspension scheduled for July 16, 2025, unless Nasdaq hearings panel grants an extended stay.
Movano intends to request a hearing and an extended stay, but there is no assurance of relief.
Delisting would materially impair ability to raise capital and adversely affect financial condition.

item 3.01item 7.01item 9.01

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