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.
- Industry
- AI & Machine Learning
- Location
- Virginia, United States
- Transaction Type
- Buyout
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