Corvex (fka Movano) reports pro forma combined Q1 2026 net loss $15.9M post-merger

Corvex, Inc.

Pro forma combined Q1 2026 revenue $3.65M, net loss $15.93M ($7.81 diluted EPS).
Pro forma FY 2025 revenue $7.54M, net loss $68.40M ($33.53 diluted EPS).
Merger purchase price $581.9M; goodwill $518.3M, intangibles $15.4M (customer rel., trade names).
Consideration includes Series B/C/D convertible preferred shares; conversion contingent on stockholder vote.
Company renamed Corvex effective March 23, 2026; paid stock dividend of 0.358 shares per share on April 6.

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