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SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Movano Inc. (MOVE)
TMX Newsfile· 2026-02-02 22:23
Core Viewpoint - The law firm Brodsky & Smith is investigating potential claims against the Board of Directors of Movano, Inc. for possible breaches of fiduciary duty related to the sale of the Company to Corvex, Inc. [1] Group 1: Investigation Details - The investigation focuses on whether the Movano Board failed to conduct a fair process in the sale, particularly regarding the fairness of the deal consideration for shareholders [1] - Upon closing, pre-Merger Corvex stockholders would own approximately 96.2% of the combined company, while pre-Merger Movano stockholders would own approximately 3.8% [1]
Recent Market Trends Highlight Significant Company Price Changes
Financial Modeling Prep· 2026-01-24 00:00
Company Performance - Movano Inc. experienced a 140.14% surge to $16.73, driven by its healthcare solutions, particularly the Movano Ring for health metrics and a strategic lease of NVIDIA H200 GPUs for AI workloads [1][6] - Captivision Inc. Warrant saw a 116.67% rise to $0.065, attributed to its innovative G-Glass technology that transforms buildings into digital media devices [2][6] - Direct Digital Holdings, Inc. had a 70.13% increase to $3.93, linked to its programmatic advertising platform and a new high-compliance practice for regulated industries [3][6] - Brand Engagement Network, Inc. recorded a 67.71% rise to $14.52, fueled by AI-driven engagement and a new AI deal in Africa, with trading volume significantly exceeding average levels [4] - Brand Engagement Network, Inc. Warrant increased by 58.06% to $0.15, reflecting the parent company's performance and growth potential in AI technology [5] Industry Trends - The healthcare sector is seeing significant interest due to innovative solutions like non-invasive monitoring technologies [1] - The architectural media space is evolving with IT-enabled construction materials, positioning companies like Captivision as leaders in this niche [2] - The advertising technology sector is benefiting from data-driven campaign optimization and compliance practices, appealing to investors [3] - AI technology is driving engagement and analytics across various industries, indicating a strong trend towards digital transformation [4][5]
Movano Shares Surge 129%
RTTNews· 2026-01-23 20:13
Movano Inc. (MOVE) shares soared on heavy volume, jumping 128.71 percent, or $8.92, to trade at $15.89 on Friday, despite no specific news or corporate announcement to explain the sharp move.The stock climbed from a previous close of $6.97 and opened significantly higher at $20.14 on the Nasdaq. During the session, shares traded between an intraday low of $15.01 and a high of $23.90. Movano was last quoted with a bid of $15.76 and an ask of $16.39. Trading activity surged, with volume reaching about 39.81 ...
Why Is Movano Stock Gaining Today? - Movano (NASDAQ:MOVE)
Benzinga· 2026-01-23 14:14
Movano Inc. (NASDAQ:MOVE) shares are trading higher in the premarket session on Friday.On Thursday, Corvex, Inc., an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, which has recently combined with Movano, announced a long-term GPU lease agreement with an established AI-driven provider of high-performance battery technologies.The deployment, a dedicated cluster of NVIDIA H200 GPUs, will underpin the customer’s core AI development and research initiatives, includin ...
Why Ericsson Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket - Ambitions Enterprise Mgmt (NASDAQ:AHMA), American Rebel Holdings (NASDAQ:AREB)
Benzinga· 2026-01-23 10:33
Group 1: Ericsson Performance - Telefonaktiebolaget LM Ericsson reported fourth-quarter earnings of 27 cents per share, exceeding the analyst consensus estimate of 23 cents per share [1] - The company achieved quarterly sales of $7.367 billion, surpassing the analyst consensus estimate of $7.030 billion [1] - Following the earnings report, Ericsson shares increased by 7.1% to $10.26 in pre-market trading [1] Group 2: Other Stocks in Pre-Market Trading - Ryvyl Inc saw a significant gain of 96%, reaching $10.27, after receiving confirmation from Nasdaq regarding compliance with minimum bid price requirements [5] - Movano Inc rose by 75.6% to $12.24 following a long-term GPU lease agreement announcement [5] - Direct Digital Holdings Inc increased by 45.9% to $3.37 after a previous 30% rise [5] - Blue Gold Ltd experienced a 37.8% increase to $5.87 after a 104% jump on Thursday [5] - Revelation Biosciences Inc gained 31.1% to $1.12 after reaching an agreement with the FDA for its drug candidate [5] - Life360 raised its FY2025 sales guidance, resulting in a 23% increase to $67.43 [5] Group 3: Declining Stocks - Aptera Motors Corp fell by 21.2% to $1.90 in pre-market trading [5] - Intel Corp shares dipped 13.1% to $47.19 despite reporting better-than-expected fourth-quarter results, due to a weak outlook [5] - American Rebel Holdings Inc declined 12.6% to $0.38 after announcing a reverse stock split [5]
Corvex Secures Long-Term NVIDIA H200 GPU Deployment with AI-driven Provider of High-Performance Battery Technologies to Support Production AI Workloads
Prnewswire· 2026-01-22 21:05
Filed by Movano Inc.pursuant to Rule 425 under the Securities Act of 1933and deemed filed pursuant to Rule 14a-12under the Securities Exchange Act of 1934Subject Company: Movano Inc.Commission File No.: 001-40254Date: January 22, 2026 ARLINGTON, Va., Jan. 22, 2026 /PRNewswire/ -- Corvex, Inc., an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, today announced a long-term GPU lease agreement with an established AI-driven provider of high-performance battery techno ...
Movano(MOVE) - Prospectus
2026-01-13 22:24
As filed with the Securities and Exchange Commission on January 13, 2026. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 MOVANO INC. (Exact name of registrant as specified in its charter) Delaware 3845 82-4233771 (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification No.) 6800 Koll Center Parkway Pleasanton, CA 94566 (415) ...
HAPPY THANKSGIVING AND INVESTOR ALERT: The M&A Class Action Firm Continues to Investigate the Merger - GIFI, MOVE, NUVSF and ORBI
Prnewswire· 2025-11-28 04:17
Core Insights - Monteverde & Associates PC is investigating several mergers and acquisitions involving Gulf Island Fabrication, Movano Inc., NuVista Energy Ltd., and Orbit Technologies Ltd. to determine if the proposed deals are fair for shareholders [1]. Group 1: Gulf Island Fabrication, Inc. - Gulf Island shareholders are set to receive $12.00 in cash per share as part of its sale to IES Holdings, Inc. [1]. Group 2: Movano Inc. - Movano Inc. is merging with Corevex, Inc., where Corvex shareholders will own approximately 96% of the combined company post-transaction [1]. Group 3: NuVista Energy Ltd. - NuVista shareholders have options in their merger with Ovintiv Inc., including C$18.00 in cash per share, 0.344 of a share of Ovintiv common stock, or a combination of both, resulting in a fully prorated basis of C$9.00 in cash plus 0.172 of a share in common stock [1]. Group 4: Orbit Technologies Ltd. - Orbit shareholders will receive $13.725 per share in cash as part of its merger with Kratos Defense & Security Solutions, Inc. [1].
Halper Sadeh LLC Encourages MOVE and GIFI Shareholders to Contact the Firm to Discuss Their Rights
Globenewswire· 2025-11-27 23:42
Group 1 - Halper Sadeh LLC is investigating Movano Inc.'s merger with Corvex, Inc., where Movano shareholders would own approximately 3.8% of the combined company after the transaction [1] - Gulf Island Fabrication, Inc. is being sold to IES Holdings, Inc. for $12.00 in cash per share [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
Movano(MOVE) - 2025 Q3 - Quarterly Report
2025-11-14 21:20
Revenue Performance - Revenue for the three months ended September 30, 2025, was $80,000, a 60% increase from $50,000 in the same period of 2024[162] - Revenue for the nine months ended September 30, 2025, totaled $0.4 million, a decrease of 57% from $0.9 million in the same period of 2024[163] Net Loss and Improvement - Net loss for the three months ended September 30, 2025, was $4.0 million, a 44% improvement compared to a net loss of $7.2 million in the same period of 2024[161] - Net loss for the nine months ended September 30, 2025, was $12.4 million, a 35% improvement from a net loss of $19.1 million in the same period of 2024[161] Operating Expenses - Total operating expenses for the three months ended September 30, 2025, were $2.7 million, a 64% decrease from $7.4 million in the same period of 2024[161] - Total operating expenses for the nine months ended September 30, 2025, were $11.5 million, a 44% decrease from $20.4 million in the same period of 2024[161] Product Launch and Development - The Evie Ring was launched in November 2023, generating all revenues from sales in the United States[148] - The FDA 510(k) clearance for the pulse oximetry feature in the EvieMED Ring was received in November 2024, enabling its use as a medical device[150] - The company is developing a patented System-on-a-Chip (SoC) for non-invasive glucose and cuffless blood pressure monitoring[151] Cost of Revenue and Expenses - Cost of revenue decreased by $1.1 million to $1.3 million for the nine months ended September 30, 2025, compared to $2.4 million for the same period in 2024[165] - Research and development expenses totaled $5.0 million for the nine months ended September 30, 2025, down from $9.2 million in 2024, a decrease of $4.2 million[167] - Sales, general and administrative expenses were $5.2 million for the nine months ended September 30, 2025, compared to $8.8 million in 2024, reflecting a decrease of $3.6 million[169] Cash Flow and Financing - Cash and cash equivalents totaled $2.0 million as of September 30, 2025, with $9.0 million used in operating activities during the same period[174] - The company incurred a net other expense of $1.3 million for the nine months ended September 30, 2025, compared to a net other income of $0.4 million in 2024[172] - The company expects to continue incurring significant expenses related to the planned merger with Corvex, impacting future cash needs[175] - The company has entered into a Bridge Loan agreement for $1.5 million, with an extension of the maturity date to March 31, 2026[176] - The company used no cash in investing activities during the nine months ended September 30, 2025, compared to $3,000 in 2024[185]