Movano to Go Public in All-Stock Merger With Corvex, Creating Secure AI Infrastructure Platform

November 10, 2025

Movano and Corvex entered into a definitive all-stock merger agreement to combine into a publicly traded company focused on secure, high-performance AI infrastructure. The deal is valued at a $6.25 per-share exchange ratio and is expected to close in the first quarter of 2026, subject to customary conditions.

Buyers
Movano Inc., Corvex, Inc.
Targets
Corvex, Inc., Movano Inc.
Location
Virginia, United States
Transaction Type
Buyout

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