M&A
confidence high
sentiment neutral
materiality 0.50
Corvex provides pro forma financials for Corvex OpCo merger; combined net loss $26.2M in H1 2026
Corvex, Inc.
- Merger completed March 19, 2026; purchase price $581.955M, goodwill $519.318M.
- Pro forma H1 2026 revenue $4.312M, net loss $26.155M, EPS -$0.94.
- Pro forma FY2025 revenue $7.535M, net loss $67.546M, EPS -$2.62.
- Disposed legacy Movano assets June 30, 2026, recognized $2.501M gain.
- Stock dividend of 0.358 shares per share (1.358-for-1 split) distributed April 6, 2026.