other material
confidence high
sentiment neutral
materiality 0.40
Corvex inks ATM sales agreement with Chardan; 2.5% commission on gross proceeds
Corvex, Inc.
- At-the-Market Sales Agreement dated October 14, 2026 with Chardan Capital Markets LLC as sales agent; commission of 2.5% of aggregate gross proceeds.
- Company will reimburse agent legal fees: up to $75,000 at signing, up to $10,000 per calendar quarter, and up to $30,000 per program refresh.
- Net proceeds intended for working capital and general corporate purposes; shares sold under effective Form S-3 shelf (File No. 333-298769, effective September 16, 2026).
- MOVE common stock trades on Nasdaq; Corvex has no obligation to sell shares and may suspend solicitation at any time.
- No maximum offering amount disclosed; sales capped by registration statement, authorized shares, and board authorization.