Movano Inc. Enters Material Definitive Agreement
Ticker: MOVE · Form: 8-K · Filed: May 29, 2024 · CIK: 1734750
| Field | Detail |
|---|---|
| Company | Movano Inc. (MOVE) |
| Form Type | 8-K |
| Filed Date | May 29, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 M |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-action
TL;DR
Movano Inc. signed a big deal, filing an 8-K today.
AI Summary
Movano Inc. announced on May 29, 2024, that it has entered into a material definitive agreement. The company, previously known as Maestro Sensors Inc., is incorporated in Delaware and has its principal executive offices in Pleasanton, CA.
Why It Matters
This filing indicates a significant new contract or partnership for Movano Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities, the specifics of which are not detailed in this initial filing.
Key Players & Entities
- Movano Inc. (company) — Registrant
- Maestro Sensors Inc. (company) — Former company name
- May 29, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Pleasanton, CA (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Movano Inc.?
The filing states that Movano Inc. entered into a material definitive agreement on May 29, 2024, but does not provide specific details about the agreement itself.
When was this material definitive agreement reported?
The report date for this material definitive agreement is May 29, 2024.
What was Movano Inc.'s former company name?
Movano Inc.'s former company name was Maestro Sensors Inc., with a date of name change on March 15, 2018.
In which state is Movano Inc. incorporated?
Movano Inc. is incorporated in Delaware.
Where are Movano Inc.'s principal executive offices located?
Movano Inc.'s principal executive offices are located at 6800 Koll Center Parkway, Pleasanton, CA 94566.
Filing Stats: 506 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-29 17:11:35
Key Financial Figures
- $0.0001 M — ch registered Common stock, par value $0.0001 MOVE The Nasdaq Stock Market LLC Indi
Filing Documents
- ea0207053-8k_movano.htm (8-K) — 24KB
- ea020705301ex10-1_movano.htm (EX-10.1) — 18KB
- 0001213900-24-047533.txt ( ) — 215KB
- move-20240529.xsd (EX-101.SCH) — 3KB
- move-20240529_lab.xml (EX-101.LAB) — 33KB
- move-20240529_pre.xml (EX-101.PRE) — 22KB
- ea0207053-8k_movano_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On May 29, 2024, Movano Inc. (the "Company") entered into an Amendment (the "Amendment") to the At the Market Issuance Agreement, dated August 15, 2022, between the Company and B. Riley Securities, Inc. (the "Issuance Agreement"). Pursuant to the terms of the Amendment, JonesTrading Institutional Services LLC was added as the sales agent (the "Sale Agent") under the Issuance Agreement and B. Riley Securities, Inc. was removed as Sales Agent. The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is attached as Exhibit 10.1 to this to this Current Report on Form 8-K and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits The exhibits to this Current Report on Form 8-K are listed below and incorporated herein by reference. Exhibit No. Description 10.1 Amendment No. 1 to At the Market Issuance Agreement, dated May 29, 2024 1
SIGNATURES
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. MOVANO INC. Dated: May 29, 2024 /s/ Jeremy Cogan Jeremy Cogan Chief Financial Officer 2