SFO Alliance Appoints New CEO Amidst Rapid Expansion
ByAinvest
Monday, Nov 10, 2025 11:57 am ET1min read
MOVE--
Movano Inc. (NASDAQ: MOVE) shares surged 308% on Monday after the company announced a definitive all-stock merger with AI cloud computing firm Corvex Inc. The combined company will be renamed Corvex Inc. and will focus on secure AI infrastructure and high-performance inference. Movano's legacy medical device operations will continue to be marketed for sale, with net proceeds potentially distributed to pre-merger shareholders. The transaction is expected to close in Q1 2026.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet