Movano Inc. Files Definitive Proxy Statement for 2024 Annual Meeting

TL;DR

Movano Inc. DEF 14A filed. Annual meeting July 9th. Vote your shares!

AI Summary

Movano Inc. filed its definitive proxy statement (DEF 14A) on May 28, 2024, for its annual meeting of stockholders scheduled for July 9, 2024. The filing details information related to the election of directors and other corporate governance matters. Movano Inc. is a company focused on developing connected health devices.

Why It Matters

This filing provides shareholders with crucial information to make informed decisions regarding company leadership and governance at the upcoming annual meeting.

Risk Assessment

Risk Level: medium — Proxy statements are routine filings, but the specific proposals and shareholder votes can impact company direction and stock performance.

Key Numbers

• 20240709 — Annual Meeting Date (Date for shareholder vote on directors and proposals.)
• 20240528 — Filing Date (Date Movano Inc. submitted its definitive proxy statement to the SEC.)

Key Players & Entities

• Movano Inc. (company) — Registrant
• 0001140361-24-027679 (filing_id) — Accession Number
• 20240528 (date) — Filing Date
• 20240709 (date) — Meeting Date
• Maestro Sensors Inc. (company) — Former Company Name

FAQ

Filing Documents

• ny20024818x2_def14a.htm (DEF 14A) — 594KB
• logo_movano.jpg (GRAPHIC) — 34KB
• logo_movanox1.jpg (GRAPHIC) — 20KB
• ny20024818x2_pc01.jpg (GRAPHIC) — 682KB
• ny20024818x2_pc02.jpg (GRAPHIC) — 457KB
• 0001140361-24-027679.txt ( ) — 2237KB

From the Filing

DEF 14A 1 ny20024818x2_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) Filed by the Registrant ☒ Filed by a Party other than the Registrant     ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material Pursuant to Rule 14a-12 MOVANO INC. (Name of Registrant as Specified in its Charter)   (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ ​ ​ No fee required.   ☐ ​ ​ Fee paid previously with preliminary materials.   ☐ ​ ​ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.   6800 Koll Center Parkway Pleasanton, CA 94566 May 28, 2024 Dear Stockholder: You are cordially invited to attend the annual meeting of stockholders of Movano Inc. to be held at 1:00 p.m., Pacific Time, on July 9, 2024. The annual meeting will be held via the internet and will be a completely virtual meeting. The virtual meeting technology we employ provides expanded access, improved communication and cost savings for our stockholders. You will be able to attend the annual meeting online and submit your questions during the meeting by visiting https://www.virtualshareholdermeeting.com/MOVE2024. You will also be able to vote your shares electronically at the annual meeting. Additional information on how to participate in this year’s virtual meeting can be found beginning on page 4 of the accompanying Proxy Statement. We are using the “Notice and Access” method of providing proxy materials to you via the internet. We believe that this process should provide you with a convenient and quick way to access your proxy materials and vote your shares, while allowing us to conserve natural resources and reduce the costs of printing and distributing the proxy materials. On or about May 28, 2024, we are mailing to our stockholders a Notice of Internet Availability of Proxy Materials (the “Notice”) containing instructions on how to access our proxy statement and vote electronically via the internet or by telephone. The Notice also contains instructions on how to receive a paper copy of your proxy materials. We look forward to your participation in the annual meeting by attending virtually or by submitting your proxy. Further details regarding the matters to be acted upon at this meeting appear in the Notice and the accompanying Proxy Statement. Please give this material your careful attention.   ​ ​ Very truly yours,   ​ ​     ​ ​ /s/ John Mastrototaro   ​ ​     ​ ​ John Mastrototaro   ​ ​ Chief Executive Officer   MOVANO INC. 6800 Koll Center Parkway Pleasanton, CA 94566   NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS to be held on July 9, 2024 To the Stockholders of Movano Inc.: NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders of Movano Inc., a Delaware corporation, will take place at 1:00 p.m. Pacific Time, on July 9, 2024. The annual meeting will be a virtual meeting, held on the internet at https://www.virtualshareholdermeeting.com/MOVE2024 for the following purposes: 1. To elect the nominee to the Board of Directors nominated by the Board of Directors to serve for a three year term as a Class III director. 2. To approve an amendment to the Company’s Third Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) increasing the number of authorized shares of common stock from 150,000,000 to 500,000,000 shares. 3. To approve an amendment to our Certificate of Incorporation to effect, at the discretion of our Board of Directors on or prior to the one-year anniversary of the date of the 2024 Annual Meeting, a reverse stock split of our common stock at a stock split ratio between 1-for-2 and 1-for-30, with the ultimate ratio to be determined by the Board of Directors in its sole discretion (the “Reverse Stock Split”), the implementation and timing of which shall be subject to the discretion of the Board of Directors. 4. To approve an amendment to our 2019 Omnibus Incentive Plan increasing the number of shares reserved for issuance thereunder by 10,00

View Full Filing

View this DEF 14A filing on SEC EDGAR