Corvex, Inc. (MOVE): Nasdaq/NYSE listing notice — 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.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Corvex, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5250(c)(1), 5810(c)(3)(A)(iv)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5250(c)(1), 5810(c)(3)(A)(iv)

Exact text from the filing

July 7, 2025, Movano Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of Nasdaq Stock Market (“Nasdaq”) indicating that, because the closing bid price for the Company’s common stock has fallen below $1.00 per share for 30 consecutive trading days, the Company was no longer in compliance with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”) and the late filing requirement, as set forth in Listing Rule 5250(c)(1), given the de

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Corvex, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-063354

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