Corvex files pro forma results showing $26.3 million six-month net loss post-merger
Corvex, formerly Movano, filed unaudited pro forma financial statements showing how its March 19, 2026 acquisition of Corvex Legacy Holdings would have affected its results. The filing gives combined figures as if the merger had occurred on January 1 of each period, so it does not report actual reported results. The figures are preliminary and the filing says they are not indicative of future results.
Key points
- Pro forma net loss attributable to common stockholders was $26.3 million for the six months ended June 30, 2026, and $67.5 million for the year ended December 31, 2025.
- Pro forma revenue was $4.3 million for the six months ended June 30, 2026, and $7.5 million for the year ended December 31, 2025.
- The estimated purchase price was $582.0 million, with goodwill of $519.3 million recorded; purchase price allocation is preliminary.
- The filing does not modify previously reported 10-K, 10-Q or Corvex OpCo financial statements.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.