Corvex, Inc.

Corvex, Inc. operates through two primary business divisions following a merger completed on March 19, 2026. Its AI cloud computing business specializes in GPU-accelerated infrastructure designed for artificial intelligence workloads. The company's healthcare business offers the Wellness Ring, a wearable device specifically for women, which was launched in November 2023. The merger involved Corvex, Inc. (formerly Movano Inc.) acquiring Corvex Legacy Holdings, Inc. (formerly Corvex, Inc.), referred to as Corvex OpCo. This transaction occurred on March 19, 2026, under an Amended and Restated Agreement and Plan of Merger. As part of the merger, a subsidiary, Thor Merger Sub Inc., merged into Corvex OpCo, making Corvex OpCo a wholly-owned subsidiary of Corvex, Inc. At the closing of the merger, Corvex, Inc. issued to Corvex OpCo's prior securityholders 240.562 shares of Series B Convertible Preferred Stock, which represented no more than 19.9% of the outstanding common stock on an as-converted basis immediately prior to closing. Additionally, 23,551.5195 shares of Series C Non-Voting Convertible Preferred Stock and 30,227.0524 shares of Series D Non-Voting Convertible Preferred Stock were issued.