Movano Stock Skyrockets After Announcing Definitive All-Stock Merger with Corvex

lunes, 10 de noviembre de 2025, 11:57 am ET1 min de lectura
MOVE--

Movano Inc (NASDAQ:MOVE) shares surged 308% on Monday after announcing a definitive all-stock merger with Corvex Inc, a company specializing in GPU-accelerated infrastructure. The combined company will be renamed "Corvex, Inc." and will be led by the Corvex management team. Movano's legacy medical device operations will be marketed for sale, with net proceeds distributed to pre-merger Movano shareholders. The transaction is expected to close in Q1 2026.

Movano Stock Skyrockets After Announcing Definitive All-Stock Merger with Corvex

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