A new name is set to appear on Nasdaq next week.
According to a PR Newswire announcement dated March 19, 2026, Corvex, Inc. completed an all-stock merger with Movano Inc. The combined company will be renamed Corvex, Inc. and is expected to trade on Nasdaq under the ticker “MOVE” effective March 23, 2026. That effective date is confirmed via multiple financial sources, though the ticker change should be verified as live on or after that date.
Prior to the merger, Corvex and Movano collectively raised $40.2 million from undisclosed investors.
The deal is small by most measures. Forty-two million dollars is a rounding error in a week where Micron reported $23.86 billion in quarterly revenue. But the story isn’t the size. It’s the pattern: another entity is entering the AI GPU infrastructure space, raising capital, and going public. The AI infrastructure buildout is broad, not just deep.
Investors tracking smaller-cap AI infrastructure plays should note the MOVE ticker change date and verify it’s active before acting on any position.