Corvex To Go Public In All-Stock Merger With Movano
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Nov 10 (Reuters) - Movano Inc:CORVEX TO GO PUBLIC IN ALL-STOCK MERGER WITH MOVANO, CREATING A PURE-PLAY PLATFORM FOR SECURE AI INFRASTRUCTURE AND HIGH-PERFORMANCE INFERENCEMOVANO INC - MERGER EXCHANGE RATIO BASED ON MOVANO PER SHARE VALUE OF $6.25MOVANO INC - CORVEX AND MOVANO RAISE $40 MILLION FROM PRIVATE PLACEMENTSMOVANO INC - CORVEX SHAREHOLDERS TO RECEIVE 46.6 MILLION SHARES OF MOVANO STOCKMOVANO INC: ENTERED INTO A $1.0 BILLION EQUITY FACILITY WITH CHARDAN CAPITAL MARKETS LLC Source text: Further company coverage:
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