Movano Health announces 1-for-10 reverse stock split effective Oct 10, 2025 to regain Nasdaq compliance

Corvex, Inc.

Reverse split ratio 1-for-10, effective 12:01 a.m. ET on Oct 10, 2025.
Shares outstanding reduce from ~8.3M to ~0.8M; authorized shares unchanged.
New CUSIP 62459M 305; stock continues trading on Nasdaq under symbol MOVE.
Split intended to regain compliance with Nasdaq minimum bid price requirement.
No fractional shares; stockholders receive cash in lieu of fractional interests.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Corvex, Inc.: Filed amendment to Certificate of Incorporation to effect a 1-for-10 reverse stock split as approved by stockholders and board (effective 2025-10-10).

Change: charter amendment
Effective: 2025-10-10

Exact text from the filing

On October 8, 2025, Company filed with the Secretary of State of the State of Delaware an amendment to the Certificate of Incorporation to effect the Reverse Stock Split (the “Amendment”), to be effective at 12:01 a.m. Eastern Time on October 10, 2025.

View on SEC.gov

Browse all governance changes →

Corvex, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-097241

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.