Shaheen Wirk
On January 2, 2025, the Board of Directors (the “Board”) of Movano Inc. (the “Company”) appointed Shaheen Wirk as a Class III director.
Highest-materiality recent filing
Corvex Q1 revenue $510k, net loss $(5.1M) after OpCo acquisition; pro forma revenue $3.7M
Completed acquisition of Corvex OpCo on March 19, 2026; renamed from Movano to Corvex.
Corvex (fka Movano) reports pro forma combined Q1 2026 net loss $15.9M post-merger
Pro forma combined Q1 2026 revenue $3.65M, net loss $15.93M ($7.81 diluted EPS).
Corvex Legacy Holdings audited 2025 revenue $7.1M, net loss $9.5M
Audited 2025 revenue of $7.1M; net loss $9.5M driven by $7.1M G&A and $9.6M warrant expense.
Corvex dismisses RBSM, appoints BDO as auditor following merger close
On April 27, 2026, audit committee dismissed RBSM and engaged BDO as auditor for FY 2026.
Corvex regains Nasdaq minimum equity compliance; subject to one-year monitor
Nasdaq Panel found Corvex compliant with minimum stockholders' equity as of April 7, 2026.
Movano completes reverse merger with Corvex, resolves Nasdaq deficiency, appoints new CEO
Closed merger with Corvex on March 19, 2026; issued convertible preferred shares to Corvex securityholders representing up to 19.9% voting power on as-converted basis.
Movano republishes FY2024 financials after reverse split; revenue $1.0M, going concern noted
Revenue of $1.0M in 2024 (first revenue) vs $0 in 2023; net loss $23.7M vs $29.3M.
Movano stockholders approve 5x share authorization increase and equity line with Chardan
Authorized shares increased from 500M to 2.5B; issuance of >20% of outstanding shares under ChEF Purchase Agreement approved.
Movano to acquire Corvex in reverse merger; Corvex stockholders to own ~96% of combined company
Corvex valued at $250M, Movano at $10M; pre-Merger Corvex holders to own ~96.2% of combined entity.
Movano extends loan maturity to Nov 5, 2025 via amendment with Evie Holdings
Amendment to Loan Agreement with Evie Holdings LLC dated Nov 3, 2025.
Movano files 8-K/A to correct Certificate of Amendment; terms unknown
This amendment replaces Exhibit 3.1 (Certificate of Amendment) filed with original 8-K on Oct 8, 2025.
Reverse split ratio 1-for-10, effective 12:01 a.m. ET on Oct 10, 2025.
Movano receives Nasdaq delisting notice for equity deficiency
Reported stockholders' equity of $1.637M as of June 30, 2025, below $2.5M minimum.
Movano stockholders approve reverse split and authorized share increase to 2B
Elected Emily Wang Fairbairn (750,312 for) and Michael Leabman (1,030,839 for) as Class I directors.
Nasdaq panel grants Movano Health listing extension through Oct 30, 2025
Deadline to file delinquent Q1 and Q2 2025 10-Qs is Sept 30, 2025; bid price compliance by Oct 30, 2025.
Movano Health receives Nasdaq deficiency notice for late Q2 10-Q; awaits Panel decision on stay
Nasdaq notice received Aug 21, 2025 for failure to file Form 10-Q due Aug 14, 2025.
Movano Inc. appoints RBSM LLP as new independent auditor for FY 2025
Audit Committee approved engagement of RBSM LLP on August 13, 2025.
Movano secures $1.5M bridge loan at 12% interest to fund strategic alternatives
$1.5M bridge loan with 12% annual interest, maturing November 4, 2025.
Movano receives Nasdaq delisting notice; plans to appeal by July 14, 2025
Nasdaq notified Movano on July 7, 2025, that its common stock fails the $1.00 minimum bid price and late filing requirements.
Movano's auditor Moss Adams resigns; prior reports had going concern uncertainty
Auditor Moss Adams LLP resigned effective June 24, 2025, following Movano's exploration of strategic alternatives.
Movano receives Nasdaq deficiency notice for late Q1 10-Q; 60 days to submit plan
Received Nasdaq notice on May 20, 2025 for missing May 15 deadline to file Q1 2025 Form 10-Q.
Movano explores strategic alternatives, delays Q1 10-Q filing due to cash constraints
Board initiated process to explore strategic alternatives including sale or merger; engaged Aquilo Partners and K&L Gates.
Appoints Shaheen Wirk as Class III director and Audit Committee member
Shaheen Wirk appointed to Board as Class III director, term through 2027 annual meeting.
Movano Health reports Q3 operating loss $7.4M, ships 339 Evie Rings, reverse split completed
Operating loss of $7.4M in Q3 2024, improved from $9.1M loss in Q3 2023.
Movano Health to effect 1-for-15 reverse stock split on Oct 29 to regain Nasdaq compliance
Reverse split ratio 1-for-15; shares outstanding will fall from ~99.5M to ~6.6M.
Movano Health Q2 2024 operating loss narrows to $6.4M; Evie Ring back in stock Sept 17
Operating loss of $6.4M improved from $7.4M in Q2 2023; no revenue reported as refunds offset deferred revenue.
Movano shareholders approve increase in authorized shares from 150M to 500M and reverse stock split
Stockholders approved certificate amendment increasing authorized common shares from 150,000,000 to 500,000,000.
Movano replaces B. Riley with JonesTrading as ATM sales agent
Amendment adds JonesTrading as sales agent and removes B. Riley from existing At Market Issuance Agreement dated Aug 15, 2022.
Movano Health reports Q1 revenue $852k, operating loss $5.8M; closes $24M private placement
Q1 2024 revenue $852,000 from 5,305 Evie Rings shipped; operating loss $5.8M vs $7.2M a year ago.
Movano Health raises $24M, reports Q4 operating loss of $6.0M, achieves FDA accuracy milestone
Executed $24M private placement including $3.0M from a tier-1 medical device company and $3.6M from insiders.
Movano raises ~$24.2M in private placement of units with warrants
Raised ~$24.2M gross via 45.3M units at $0.533/unit (directors/officers at $0.565/unit).
On January 2, 2025, the Board of Directors (the “Board”) of Movano Inc. (the “Company”) appointed Shaheen Wirk as a Class III director.
Max materiality 0.90 · Median 0.65 · Most common event other_material