Corvex, Inc. (MOVE) has entered into an At-the-Market (ATM) Sales Agreement with Chardan Capital Markets LLC, enabling the company to offer and sell up to $250 million of its common stock. This program allows the company to sell shares from time to time at prevailing market prices, with the net proceeds intended for working capital and general corporate purposes.
Key Details
- Agreement Date: October 14, 2026
- Offering Size: Up to $250,000,000 in aggregate offering price of common stock.
- Sales Agent: Chardan Capital Markets LLC will act as the sales agent.
- Agent Commission: The company will pay the agent a commission of 2.5% of the aggregate gross proceeds from sales.