– MOVE stock is racing ahead of the pack. See what the experts say here.
What To Know: Movano and Corvex announced a definitive agreement to combine in an all-stock transaction. The strategic combination will transform Movano into a pure-play platform focused on secure AI infrastructure and high-performance inference, positioning it to capture scaling demand in the AI sector. The merger exchange ratio is based on a Movano per-share value of $6.25.
Upon closing, the combined company will be renamed “Corvex, Inc.” and will be led by the Corvex management team. The companies also announced $40 million in aggregate concurrent private placement financing.
Movano’s legacy medical device operations, including the FDA-cleared EvieMED Ring, will be marketed for sale. Net proceeds from that sale, after satisfying certain obligations, may be distributed to pre-merger Movano shareholders. The transaction is expected to close in the first quarter of 2026.
MOVE Price Action: Movano shares were up 308% at $19.22 at the time of publication on Monday, according to Benzinga Pro data.
Read Also: Markets Cheer As Shutdown End Nears: These 15 Stocks Are Rallying
How To Buy MOVE Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in Movano’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
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