Corvex, Inc. Announces Additional Details Of Special 35.8% Stock Dividend For Shareholders Of Record On March 30, 2026

Corvex, Inc. (Nasdaq:MOVE) ("Corvex" or the "Company") today announced additional details regarding the special 35.8% stock dividend (the "Stock Dividend") previously announced on March 19, 2026. Each stockholder of record as of the close of business on March 30, 2026 will be entitled to receive a 35.8% stock dividend at no cost and with no action required on the part of the stockholder. For example, a stockholder holding 10,000 shares of Corvex common stock, par value $0.0001 per share (the "Common Stock") as of the close of trading on March 30, 2026 would receive 3,580 additional shares of Common Stock on the distribution date of April 6, 2026. No fractional shares will be issued. Any fractional share entitlement will be paid out in cash. To be eligible to receive the Stock Dividend, you must hold shares of Corvex, Inc. Common Stock (Nasdaq:MOVE) as of the close of business on March 30, 2026. Eligible stockholders do not need to take any action to receive the Stock Dividend. Additional shares will be automatically credited to your brokerage account or delivered through the Depository Trust Company on the distribution date. The Stock Dividend is payable pursuant to the terms of the Amended and Restated Agreement and Plan of Merger, dated March 19, 2026 (the "Merger Agreement"), by and among the Company (formerly Movano Inc.), Thor Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Company, and Corvex, Inc.... Read more