---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-073070"
form_type: "8-K"
ticker: "MOVE"
cik: "0001734750"
company_name: "Corvex, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:56:15.370987+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Movano secures $1.5M bridge loan at 12% interest to fund strategic alternatives

## Summary
- $1.5M bridge loan with 12% annual interest, maturing November 4, 2025.
- Proceeds to continue pursuit of strategic alternatives as disclosed in May 2025 8-K.
- Lender receives security interest in all assets, including intellectual property.
- Loan includes provision that could double outstanding principal upon certain trigger events.
- Maturity may be extended up to 60 days if definitive documentation for a Qualifying Transaction is executed.

## SEC filing metadata
- accession: 0001213900-25-073070
- form_type: 8-K
- ticker: MOVE
- cik: 0001734750
- company_name: Corvex, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734750/000121390025073070/0001213900-25-073070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734750/000121390025073070/ea0252309-8k_movano.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-073070
- JSON: https://secwatch.observer/filing/0001213900-25-073070.json
- Plain text: https://secwatch.observer/filing/0001213900-25-073070.txt

## Key facts
- Debt Financings
  Corvex, Inc. incurred loan of $1,500,000 at 12.0% maturing November 4, 2025.
  - Instrument: loan
  - Principal: $1,500,000
  - Rate: 12.0%
  - Maturity: November 4, 2025
  - Event: incurrence
  source text: On August 6, 2025, Movano Inc. (the “Company”) entered into a Loan Agreement and Promissory Note (the “Loan Agreement”) pursuant to which the Company obtained $1,500,000 in bridge financing (the “Bridge Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1734750/000121390025073070/0001213900-25-073070-index.htm

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