Movano Inc. Faces Delisting Notice

TL;DR

Movano Inc. got a notice about failing to meet listing rules - stock might get delisted.

AI Summary

Movano Inc. filed an 8-K on October 3, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule. The company, previously known as Maestro Sensors Inc., is incorporated in Delaware and has its principal executive offices in Pleasanton, California.

Why It Matters

This filing indicates potential issues with Movano Inc.'s compliance with stock exchange listing requirements, which could lead to the company's stock being delisted.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.

Key Players & Entities

• Movano Inc. (company) — Registrant
• Maestro Sensors Inc. (company) — Former company name
• October 1, 2025 (date) — Earliest event reported
• October 3, 2025 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• Pleasanton, CA (location) — Principal executive offices
• 415-651-3172 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common Stock, $0.0001 par value per share MOVE The Nasdaq
• $2,500,000 — Capital Market to maintain a minimum of $2,500,000 in stockholders' equity for continued l
• $1.637 million — a stockholders' equity of approximately $1.637 million and, as a result, does not satisfy the
• $1.00 — 550(a)(2), requiring the maintenance of $1.00 per share bid price (the "Bid Price Rul

Filing Documents

• ea0260198-8k_movanoinc.htm (8-K) — 28KB
• 0001213900-25-096069.txt ( ) — 191KB
• move-20251001.xsd (EX-101.SCH) — 3KB
• move-20251001_lab.xml (EX-101.LAB) — 33KB
• move-20251001_pre.xml (EX-101.PRE) — 22KB
• ea0260198-8k_movanoinc_htm.xml (XML) — 4KB

01 Notice of

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On October 1, 2025, Movano Inc. (the "Company") received a written notice (the "Notice") from the Listing Qualifications Department of Nasdaq Stock Market ("Nasdaq") indicating that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders' equity for continued listing (the "Stockholders' Equity Requirement") and serves as an additional basis of delisting before the Nasdaq Hearings Panel (the "Panel"). In its Quarterly Report on Form 10-Q for the fiscal year ended June 30, 2025, filed with the U.S. Securities and Exchange Commission on September 24, 2025, the Company reported a stockholders' equity of approximately $1.637 million and, as a result, does not satisfy the Stockholders' Equity Requirement. As previously disclosed, the Panel previously determined to grant the Company's request to continue its listing on Nasdaq, subject to (i) the Company regaining compliance with Listing Rule 5250(c)(1), requiring the timely filing of periodic reports (the "Periodic Filing Rule"), by filing its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 on or before September 30, 2025, and (ii) the Company demonstrating compliance with Listing Rule 5550(a)(2), requiring the maintenance of $1.00 per share bid price (the "Bid Price Rule"), on or before October 30, 2025. On September 24, 2025, the Company successfully filed its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 to regain compliance with the Periodic Filing Rule. On September 26, 2025, the stockholders of the Company approved a proposal to authorize the Company's Board of Directors (the "Board") to amend the Company's Third Amended and Restated Certificate of Incorporation to effect a reverse stock split (the "Reverse Stoc

Forward-Looking Statements

Forward-Looking Statements This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as "could," "estimate," "expect," "intend," "may," "plan," "potentially," or "will" or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements relating to the Company's expected communications with the Nasdaq Panel and plan to regain compliance with Nasdaq's rules and the timing thereof. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including but not limited to Nasdaq's acceptance of the Company's compliance plan and the duration of any extension that may be granted by Nasdaq the potential inability to meet Nasdaq's requirements uncertainties associated with the Company's ability to regain compliance with the Stockholders' Equity Requirement and the Bid Price Rule the possibility of additional delays in the filing of the Company's other SEC filings and the other risks and uncertainties described in the Company's SEC reports, and under the heading "Risk Factors" in its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, which are available at www.sec.gov. The forward-looking statements contained herein speak only as of the date of this report. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this report. 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. Date: October 3, 2025 By: /s/ J Cogan J Cogan Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR