Form 8-K

8-K — Corvex, Inc.

Accession: 0001213900-26-090115

Filed: 2026-08-14

Period: 2026-08-14

CIK: 0001734750

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ea0302004-8k_corvex.htm (Primary)

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8-K — CURRENT REPORT

8-K (Primary)

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false

0001734750

2026-08-14

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the

Securities

Exchange Act of 1934

Date

of Report (Date of earliest event reported): August 14, 2026

CORVEX, INC.

(Exact

name of registrant as specified in its charter)

Delaware

001-40254

82-4233771

(State

or other jurisdiction

incorporation)

(Commission File Number)

(I.R.S.

Employer

Identification

No.)

3401 North Fairfax Drive, Suite 3230,

Arlington, Virginia

22226

(Address of Principal Executive

Offices)

(Zip Code)

Registrant’s

telephone number, including area code: (866) GET-GPUS ((866) 438-4787)

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written communications

pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant

to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common Stock, $0.0001 par value per share

MOVE

The Nasdaq Stock Market

LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.02 Results of Operations and Financial Condition.

August 14, 2026, Corvex, Inc. announced its financial results for the quarter ended June 30, 2026. A copy of the press release is being

furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The

information in this Current Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities

of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act,

except as expressly set forth by specific reference in such filing.

Item

9.01 - Financial Statements and Exhibits.

(d)

Exhibits

Exhibit

Number

Description

99.1

Press Release, dated August 14, 2026

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

CORVEX, INC.

Date: August 14, 2026

By:

/s/ Chance

Moreland

Chance Moreland

Chief Financial Officer

EX-99.1 — PRESS RELEASE, DATED AUGUST 14, 2026

EX-99.1

Filename: ea030200401ex99-1.htm · Sequence: 2

Exhibit 99.1

Corvex Reports Second Quarter 2026 Results and

Provides Business Update

Contracted annualized

recurring revenue on live compute is approximately $22 million as of August 14, 2026

ARLINGTON, Va., August 14, 2026 /PRNewswire/ -- Corvex, Inc.

(Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today reported

financial results for the second quarter ended June 30, 2026. The second quarter is the Company’s first full reporting period that includes

the AI cloud computing business following the March 19, 2026 merger. Prior-year periods reflect only the legacy healthcare business and

are therefore not directly comparable.

Second Quarter 2026 Financial Highlights:

● Total revenue for the second quarter was $3.8 million. Revenue for the six

months ended June 30, 2026 was $4.3 million.

● Deferred revenue, including current and non-current portions, was $3.7 million

at June 30, 2026, compared with $12,000 at December 31, 2025, reflecting contracted AI compute capacity not yet recognized as revenue.

● Net loss attributable to common stockholders for the second quarter was $(12.8)

million, or $(5.12) per share. Net loss attributable to common stockholders for the six months ended June 30, 2026 was $(17.8) million,

or $(8.59) per share.

● Adjusted EBITDA, a non-GAAP financial measure, was $(3.2) million for the

second quarter and $(4.8) million for the six months ended June 30, 2026. Adjusted EBITDA for AI Platform and services was $(2.3) million

for the second quarter and $(2.4) million for the six-month period.

● Total stock-based compensation expense was $9.4 million in the second quarter,

including $7.6 million recorded in general and administrative expense, primarily reflecting replacement equity awards issued in connection

with the Merger.

● Cash and cash equivalents were $21.7 million at June 30, 2026. Cash used

in operating activities for the three months ended June 30, 2026 $5.3 million, which included approximately $1.9 million of vendor payments

associated with the wind-down of the pre-Merger business and approximately $1.6 million of nonrecurring accounting, legal and other costs

associated with the Merger. It also included a $2.8 million deposit paid to a vendor for an intended capital investment, which was refunded

to the Company in July 2026.

● On June 30, the Company also completed the transfer of its legacy healthcare

assets to the lender in full satisfaction of the related Bridge Loan, extinguishing that obligation and recognizing a $2.5 million non-recurring,

non-cash gain on disposal.

Business Highlights:

● Contracted annualized revenue on live compute was approximately $22 million

as of August 14, 2026. Corvex defines this operating metric as the annualized value of fixed contractual fees on capacity that has been

delivered, accepted by the customer and is generating revenue as of the stated date. It excludes contracted capacity that is not yet live,

is not a forecast and is not a GAAP financial measure.

● All AI Platform and services revenue today is generated under fixed-term

contracts rather than spot pricing, meaning that customers reserve compute and storage capacity under those agreements and pay the contracted

fee regardless of utilization.

● Corvex Token Factory version 1 is now live in closed alpha. The Company also

completed planning for version 2 of its cloud management software during the second quarter and has moved into execution. The software

is designed to improve automation, reliability and scalability as the platform grows. Corvex has additional Corvex Token Factory releases

planned for the third and fourth quarters of 2026 as roadmap items move into production.

● Following quarter end, Corvex announced on August 4 that it had completed

delivery of a multi-year agreement to provide clusters of GPUs to a leading AI company. The expansion was being funded through debt financing,

customer prepayment and cash on hand.

● The Company strengthened its operating and financing leadership with the

appointment of Chance Moreland as Chief Financial Officer in June and Michael Craig as Vice President of Architecture and Site Operations

in July.

● Corvex also added Nicholas Donofrio and Patrick Fleury to its Board of Directors,

expanding the Board’s public-company governance, technology, data center and infrastructure financing expertise.

“Q2 is our first full reporting period with the AI infrastructure

business, and reported revenue reflects when contracted capacity becomes live and is accepted by customers,” said Jay Crystal, Co-Founder

and Co-Chief Executive Officer of Corvex. “We recognized $3.8 million of revenue in the quarter, while contracted annualized recurring

revenue on live compute is approximately $22 million as of today. We spent the quarter focused on the inputs that drive the next stage

of growth: securing power, hardware, capital and creditworthy customers, and on bringing them together quickly while maintaining disciplined

project-level underwriting. At the same time, Corvex Token Factory is now live in closed alpha, and we have strengthened our operating,

financing and governance bench as we scale.”

Capital Structure Update

Following quarter end, Corvex materially simplified its capital structure.

On July 1, 2026, stockholders approved proposals resulting in the full conversion of Series A Preferred Stock and Series C Preferred Stock

to Common Stock and the partial conversion of Series D Preferred Stock to Common Stock. As of July 8, 2026, the Company had approximately

27.6 million shares of Common Stock outstanding and 28,930 shares of Series D Preferred Stock outstanding, convertible into approximately

28.9 million shares of Common Stock. Taken together, that represented approximately 56.6 million common shares on an as-converted basis

with respect to the remaining Series D Preferred Stock. On July 10, 2026, Corvex filed a resale registration statement covering up to

53,390,008 shares held or issuable to existing holders. The registration statement is not a primary offering by Corvex, and the Company

will not receive proceeds from those resales.

Second Quarter 2026 Financial Highlights

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Revenue

$ 3,801

$ 103

$ 4,312

$ 309

Operating expenses

19,017

3,363

24,375

8,807

Loss from operations

(15,216 )

(3,260 )

(20,063 )

(8,498 )

Other (expense) income, net

2,471

2,313

Loss before income tax expense

(12,745 )

(3,225 )

(17,750 )

(8,403 )

Income tax expense

(20 )

—

(20 )

—

Net loss

$ (12,765 )

$ (3,225 )

$ (17,770 )

$ (8,403 )

Cumulative dividends on Series A preferred stock

(59 )

—

(155 )

—

Net loss attributable to common stockholders

$ (12,824 )

$ (3,225 )

$ (17,925 )

$ (8,403 )

Net loss per share, basic and diluted

$ (5.12 )

$ (3.05 )

$ (8.59 )

$ (8.29 )

Weighted average shares used in computing net loss per share, basic and diluted

2,506,295

1,058,412

2,087,639

1,013,122

Investor Conference Call

Management will host a conference call and live audio webcast to discuss

these results and provide a business update today at 4:30pm ET / 1:30pm PT. The live webcast of the earnings conference call can be accessed

at the Corvex Investor Relations website at investors.corvex.ai. A

replay of the webcast will be available at the same website. Investors and analysts with questions may contact Corvex Investor Relations

at investor-relations@corvex.ai.

About Corvex

Corvex is an AI cloud computing

company specializing in GPU-accelerated infrastructure for AI workloads. Corvex’s platform allows organizations to leverage the advantage

of AI by providing secure, scalable, and cost-efficient computational resources. Corvex’s infrastructure leverages advanced GPU-accelerated

compute clusters, high-throughput storage systems and layered architecture to provide enhanced security, consistent performance, and efficiency

at scale. As previously announced on March 19, 2026, Corvex, Inc. (formerly known as Movano Inc.) acquired Corvex Legacy Holdings, Inc.

(Corvex OpCo, formerly known as Corvex, Inc.) (such acquisition the “Merger”). Following the Merger, the Company was renamed

Corvex, Inc., effective March 23, 2026.

Forward-Looking Statements

This press release contains “forward-looking

statements” within the meaning of applicable securities laws. Such statements are based on our current expectations, forecasts and

assumptions and involve risks and uncertainties. These statements include, but are not limited to, statements related to our business;

our strategy; our capital structure; our future growth; our technology; financial projections; our projections for future active power;

demand for our platform; our plans to scale our platform and accelerate AI innovation; and strategic opportunities. In some cases, you

can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,”

“intend,” “may,” “might,” “plan,” “project,” “will,” “would,”

“should,” “could,” “can,” “predict,” “potential,” “target,” “explore,”

“continue,” “outlook,” “guidance,” or the negative of these terms, where applicable, and similar expressions

intended to identify forward-looking statements.

Our expectations and beliefs

regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause

actual results to differ materially from those projected. These risks include but are not limited to our ability to execute our business

strategies and manage our growth, our ability to maintain and grow our customer base, continued demand for AI infrastructure, any disruption

in our strategic relationships or disruptions with our third-party providers, including our suppliers and data center partners, our ability

to develop and maintain our corporate infrastructure and internal controls, our financial performance, capital requirements and ability

to raise additional capital and the impact of global political and macroeconomic conditions, including the effects of global geopolitical

conflicts, inflation, tariffs, interest rates, any instability in the global banking sector and foreign currency exchange rates. More

information about factors that could affect our operating results is included under the captions “Risk Factors” and “Management’s

Discussion and Analysis of Financial Condition and Results of Operations” in our most recent filings with the SEC, including in our

Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the three and six months ended June

30, 2026, copies of which may be obtained by visiting our Investor Relations website at investors.corvex.ai or

the SEC’s website at www.sec.gov.

Forward-looking statements speak only as of the date the statements are made and are based on information available to us at the time

those statements are made and/or management’s good faith belief as of that time with respect to future events. We assume no obligation

to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law. Our

results for the three and six months ended June 30, 2026 are not necessarily indicative of our operating results for any future periods.

Non-GAAP Financial Measures

To supplement our consolidated

financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States

(“GAAP”), we use adjusted EBITDA to help us evaluate our business. We use this non-GAAP financial measure to make strategic

decisions, establish business plans and forecasts, identify trends affecting our business, and evaluate operating performance. We believe

that this non-GAAP financial measure may be helpful to investors because it allows for greater transparency into what measures we use

in operating our business and measuring our performance and enables comparison of financial trends and results between periods where items

may vary independent of business performance. This non-GAAP financial measure is presented for supplemental informational purposes only,

should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly

titled non-GAAP measures used by other companies.

Adjusted EBITDA is defined as net loss, excluding (i) depreciation and amortization, (ii) stock-based compensation, (iii) benefit from

income taxes (iv) transaction costs related to the Merger, (v) gain on disposal of assets and (vi) interest and other income, net. A reconciliation

is provided below to reconcile adjusted EBITDA to net loss, the most directly comparable financial measure stated in accordance with GAAP.

Corvex encourages investors to review the related GAAP financial measure and the reconciliation of the non-GAAP financial measure to their

most directly comparable GAAP financial measure, and not to rely on any single financial measure to evaluate Corvex’s business.

Media Contact

Chris Donahoe, Stillpoint

corvex.media@stillpointglobaladvisors.com

CORVEX, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share

data) (unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

REVENUE:

Revenue - AI Platform and services

$ 3,801

$ —

$ 4,277

$ —

Revenue - Connected devices and services

—

103

309

Total revenue

3,801

103

4,312

309

OPERATING EXPENSES:

Cost of revenue - AI Platform and services (exclusive of depreciation and amortization)(1)

2,108

—

2,356

—

Cost of revenue - Connected devices and services (exclusive of depreciation and amortization)(2)

362

275

1,004

Depreciation and amortization

2,676

—

3,003

—

Technology and infrastructure(3)

1,366

1,401

2,188

3,784

Sales and marketing(4)

740

—

1,041

—

General and administrative(5)

12,117

1,600

15,512

4,019

Total operating expenses

19,017

3,363

24,375

8,807

Loss from operations

(15,216 )

(3,260 )

(20,063 )

(8,498 )

Other (expense) income, net:

Interest expense (related party)

(31 )

—

(208 )

—

Interest expense

(135 )

—

(148 )

—

Other income, net

136

168

Gain on disposal of assets

2,501

—

2,501

—

Other (expense) income, net

2,471

2,313

Loss before income tax expense

(12,745 )

(3,225 )

(17,750 )

(8,403 )

Income tax expense

(20 )

—

(20 )

—

Net loss

$ (12,765 )

$ (3,225 )

$ (17,770 )

$ (8,403 )

Cumulative dividends on Series A preferred stock

(59 )

—

(155 )

—

Net loss attributable to common stockholders

$ (12,824 )

$ (3,225 )

$ (17,925 )

$ (8,403 )

Net loss per share, basic and diluted

$ (5.12 )

$ (3.05 )

$ (8.59 )

$ (8.29 )

Weighted average shares used in computing net loss per share, basic and diluted

2,506,295

1,058,412

2,087,639

1,013,122

Amounts include stock-based compensation expense, as follows:

(1) Cost of revenue - AI Platform and services (exclusive

of depreciation and amortization)

$ 702

$ —

$ 795

$ —

(2) Cost of revenue - Connected devices and services

(exclusive of depreciation and amortization)

—

(3) Technology and infrastructure

783

286

1,263

381

(4) Sales and marketing

302

—

342

—

(5) General and administrative

7,601

494

9,165

697

CORVEX, INC.

CONSOLIDATED

BALANCE SHEETS

(in thousands,

except share and per share data) (unaudited)

June 30,

2026

December 31, 2025

ASSETS

Current assets:

Cash and cash equivalents

$ 21,695

$ 2,827

Accounts receivable, net

1,564

—

Inventory

—

1,766

Prepaid expenses and other current assets

5,003

394

Total current assets

28,262

4,987

Property and equipment, net

31,373

101

Operating lease right-of-use assets, net

5,286

415

Intangible assets, net

15,047

—

Goodwill

519,318

—

Other assets

Total assets

599,323

5,600

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)

Current liabilities:

Accounts payable

3,870

3,477

Accrued liabilities

3,499

665

Deferred revenue, current

1,810

Bridge loan (related party)

–

4,382

Operating lease liabilities, current

2,591

253

Finance lease liabilities, current

3,910

Total current liabilities

15,680

8,807

Operating lease liabilities, non-current

2,900

267

Finance lease liabilities, non-current

5,561

—

Deferred revenue, non-current

1,931

—

Total non-current liabilities

10,392

267

Total liabilities

26,072

9,074

Commitments and contingencies

Stockholders’ equity (deficit):

Preferred stock, $0.0001 par value, 5,000,000 shares authorized at June 30, 2026; 56,583 and 3,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively.

577,133

2,850

Common stock, $0.0001 par value, 500,000,000 shares authorized at June 30, 2026 and December 31, 2025; 2,060,185 and 1,228,272 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively

–

Additional paid-in capital

180,280

160,058

Accumulated deficit

(184,162 )

(166,392 )

Total stockholders’ equity (deficit)

573,251

(3,474 )

Total liabilities and stockholders’ equity

$ 599,323

$ 5,600

CORVEX, INC.

CONSOLIDATED

STATEMENTS OF CASH FLOWS

(in thousands)

(unaudited)

Six Months Ended June 30,

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES:

Net loss

$ (17,770 )

$ (8,403 )

Adjustments to reconcile net loss to net cash used in operating activities

Depreciation and amortization

3,813

Stock-based compensation

11,566

1,079

Amortization of debt discount (related party)

118

–

Noncash lease expense

1,303

Gain on disposal of assets

(2,501 )

–

Changes in operating assets and liabilities, net of acquisition:

Accounts receivable

(221 )

–

Inventory

(42 )

(433 )

Prepaid expenses and other current assets

(4,012 )

144

Other assets

(10 )

Accounts payable

(953 )

775

Deferred revenue

(611 )

(31 )

Other current and noncurrent liabilities

–

(603 )

Operating lease liabilities, net

(1,449 )

–

Accrued liabilities

1,151

–

Net cash used in operating activities

(9,562 )

(7,399 )

CASH FLOWS FROM INVESTING ACTIVITIES:

Purchase of property and equipment

(6,481 )

–

Capitalized internal use software

(409 )

–

Cash acquired in business combination

36,678

–

Net cash provided by investing activities

29,788

–

CASH FLOWS FROM FINANCING ACTIVITIES:

Payments on finance lease liabilities

(1,836 )

–

Issuance of common stock, net of issuance costs

478

1,606

Net cash (used in) provided by financing activities

(1,358 )

1,606

Net increase (decrease) in cash and cash equivalents

18,868

(5,793 )

Cash and cash equivalents at beginning of period

2,827

7,902

Cash and cash equivalents at end of period

21,695

2,109

SUPPLEMENTAL CASH FLOW INFORMATION:

Cash paid for interest

$ 1

$ —

Cash paid for taxes

$ —

NONCASH INVESTING AND FINANCING ACTIVITIES:

Transaction expense adjustments

$ 207

$ —

Business acquired by issuance of equity instruments

$ 581,955

$ —

Bridge Loan (Related Party) extinguishment

$ 4,663

$ —

ROU assets obtained in exchange for lease liabilities

$ 1,948

$ —

Common shares issued from conversion of Series B Preferred shares

$ 2,576

$ —

Par value adjustment for stock splits and stock dividend

$ 10

$ —

Change in accrued capital expenditure

$ 133

$ —

Stock based compensation capitalized into internal use software

$ 303

$ —

Reconciliation of GAAP

to Non-GAAP Results

Reconciliation

of Net Loss to Adjusted EBITDA

(in thousands,

except percentages)

Three Months Ended June 30,

2026

2025

Net loss

$ (12,765 )

$ (3,225 )

Depreciation and amortization

2,676

—

Stock-based compensation(1)

9,388

780

Income tax

—

Gain on disposal of assets

(2,501 )

—

Interest and other income, net

(35 )

Adjusted EBITDA

$ (3,152 )

$ (2,480 )

Six Months Ended June 30,

2026

2025

Net loss

$ (17,770 )

$ (8,403 )

Depreciation and amortization

3,003

—

Stock-based compensation(1)

11,566

1,079

Transaction costs(2)

719

—

Income tax

—

Gain on disposal of assets

(2,501 )

—

Interest and other income, net

188

(95 )

Adjusted EBITDA

$ (4,775 )

$ (7,419 )

Three Months Ended June 30,

Change

2026

2025

Net loss

AI Platform and services

$ (13,918 )

$ —

$ (13,918 )

Connected devices and services

1,153

(3,225 )

4,378

136 %

Total net loss

$ (12,765 )

$ (3,225 )

$ (9,540 )

(296 )%

Adjusted EBITDA(1)

AI Platform and services

(2,264 )

—

(2,264 )

Connected devices and services

(888 )

(2,480 )

1,592

64 %

Total adjusted EBITDA

$ (3,152 )

$ (2,480 )

$ (672 )

(27 )%

Six Months Ended June 30,

Change

2026

2025

Net loss

AI Platform and services

$ (15,542 )

$ —

$ (15,542 )

Connected devices and services

(2,228 )

(8,403 )

6,175

73 %

Total net loss

$ (17,770 )

$ (8,403 )

$ (9,367 )

(111 )%

Adjusted EBITDA(1)

AI Platform and services

(2,373 )

—

(2,373 )

Connected devices and services

(2,402 )

(7,419 )

5,017

68 %

Total adjusted EBITDA

$ (4,775 )

$ (7,419 )

$ 2,644

36 %

(1) See the “Non-GAAP

Financial Measures” section in this press release for a reconciliation to the most directly comparable GAAP measure.

Three Months Ended June 30,

AI Platform and services

2026

2025

Net loss

$ (13,918 )

$ —

Depreciation and amortization

2,588

—

Stock-based compensation(1)

9,046

—

Income tax

—

Adjusted EBITDA

$ (2,264 )

$ —

Six Months Ended June 30,

AI Platform and services

2026

2025

Net loss

$ (15,542 )

$ —

Depreciation and amortization

2,884

—

Stock-based compensation(1)

10,278

—

Income tax

—

Interest and other income, net

(13 )

—

Adjusted EBITDA

$ (2,373 )

$ —

Three Months Ended June 30,

Connected devices and services

2026

2025

Net income (loss)

$ 1,153

$ (3,225 )

Depreciation and amortization

—

Stock-based compensation(1)

342

780

Gain on disposal of assets

(2,501 )

—

Interest and other income, net

(35 )

Adjusted EBITDA

$ (888 )

$ (2,480 )

Six Months Ended June 30,

Connected devices and services

2026

2025

Net loss

$ (2,228 )

$ (8,403 )

Depreciation and amortization

119

—

Stock-based compensation(1)

1,288

1,079

Transaction costs(2)

719

—

Gain on disposal of assets

(2,501 )

—

Interest and other income, net

201

(95 )

Adjusted EBITDA

$ (2,402 )

$ (7,419 )

(1) Stock-based compensation: related to the 2019 and 2024 Incentive

Plans for employees, contractors, or other entities.

(2) Related to the transaction costs associated with the Merger.

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Cover

Aug. 14, 2026

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Aug. 14, 2026

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001-40254

Entity Registrant Name

CORVEX, INC.

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0001734750

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82-4233771

Entity Incorporation, State or Country Code

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3401 North Fairfax Drive

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Suite 3230

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Arlington

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22226

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NASDAQ

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