Corvex, Inc. (MOVE) Form 8-K — Sep 2, 2026
$MOVEForm 8-KItems 1.01, 3.02, 7.01, 9.01Filed Sep 2, 2026, 5:00 PM ET0001213900-26-096776Original filing
Corvex, Inc. (Nasdaq: MOVE) closed a private placement on September 2, 2026, selling 3,904,970 common shares at $7.75 per share and 353.098 shares of Series D Non-Voting Convertible Preferred Stock at $7,750.00 per share under a Securities Purchase Agreement dated August 31, 2026 — approximately $33.0 million in aggregate gross proceeds based on the stated terms. Goldman Sachs & Co. LLC, Morgan Stanley & Co.
Key figures
- Gross Proceeds
- approximately $33.0 million (computed: 3,904,970 x $7.75 + 353.098 x $7,750.00 = $33,000,027)
- Offering Price
- $7.75 per common share; $7,750.00 per Series D preferred share
- Shares Offered
- 3,904,970 common shares and 353.098 Series D Non-Voting Convertible Preferred shares
- Shares Outstanding
- 27647305
- Common Shares Sold
- 3904970
- Computed Gross Proceeds
- 33000027
- Purchaser Ownership Cap
- 4.99% per purchaser
- Common Shares Authorized
- 500000000
- Series DPreferred Designated
- 50000
- Series DPreferred Shares Sold
- 353.098
- Implied Common Dilution Percent
- approximately 14.1% (3,904,970 / 27,647,305)
- Series DPreferred Price Per Share
- 7750
- Registration Effectiveness Target
- within 30 days of filing
- Registration Statement Filing Deadline
- October 2, 2026
- Common Shares Outstanding As Of Aug11 2026
- 27647305
- Series DPreferred Outstanding As Of Aug11 2026
- 28,929.5943 shares
Price after filing
1 day: -1.1%7 days: -4.4%30 days: -21.0%
Close on the filing date to close N calendar days later (from $14.48). Historical, not a forecast.
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