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Corvex, Inc.

Filed Jul 10, 2026.

View on SEC.gov

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A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.

period unavailable · Filed Jul 10, 2026

MOVE$5.01-4.8%Stored close · as of Nov 6, 2026
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Item 6. SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA

2026 Stock Dividend

In connection with the Merger Agreement, the Company declared a stock dividend of 0.358 shares of Common Stock for every share outstanding at the close of business on March 30, 2026 (the “Stock Dividend”). The Stock Dividend is being accounted for as a 1.358-for-1 stock split of its outstanding shares of Common Stock pursuant to ASC 505-20-25-1 through 6. The Stock Dividend was distributed on approximately April 6, 2026.

The Stock Dividend did not change the par value of the Common Stock or the authorized number of shares of Common Stock. Proportionate adjustments were made to the exercise prices and the number of shares underlying the Company’s equity plans and grants thereunder, as applicable. Additionally, proportionate adjustments were made to the exercise prices and the number of shares underlying all outstanding warrants, as required by the terms of these securities. The additional shares of Common Stock that would have been issuable to the holders of record of Series A Preferred Stock, warrants, and vested and outstanding stock options and RSUs, if they had converted or exercised such securities into Common Stock on the record date of the dividend, will become issuable upon the conversion or exercise of such securities. Shares of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and all assumed Corvex OpCo equity awards were not eligible to receive the Stock Dividend.

The audited consolidated financial statements of the Company included in the Annual Report on Form 10-K for the year ended December 31, 2025 that are incorporated by reference into this prospectus are presented without giving effect to the Stock Dividend. The unaudited condensed consolidated financial statements included in our Quarterly Report on Form 10-Q for the three months ended March 31, 2026 that are incorporated by reference into this prospectus are presented after giving effect to the Stock Dividend. Except where the context otherwise requires, share numbers in this prospectus reflect the impact of the Stock Dividend.

The following selected financial data has been derived from our audited consolidated financial statements included in our Annual Report on Form 10-K filed with the SEC on March 31, 2026, as adjusted to reflect the Stock Dividend for all periods presented. Our historical results are not indicative of the results that may be expected in the future.

AS REPORTED (in thousands, except per share amounts):

For the Year Ended December 31,
20252024
Loss from operations$(15,503)$(24,222)
Net loss and total comprehensive loss(18,285)(23,727)
Cumulative dividends on Series A preferred stock(37)—
Net loss - attributed to common stockholders$(18,322)$(23,727)
Net loss per share, basic and diluted(21.79)(39.39)
Weighted average shares used in computing net loss per share, basic and diluted840,720602,333

AS ADJUSTED FOR THE STOCK DIVIDEND (unaudited, in thousands, except per share amounts):

For the Year Ended December 31,
20252024
Loss from operations$(15,503)$(24,222)
Net loss and total comprehensive loss(18,285)(23,727)
Cumulative dividends on Series A preferred stock(37)—
Net loss - attributed to common stockholders$(18,322)$(23,727)
Net loss per share, basic and diluted$(16.02)$(29.01)
Weighted average shares used in computing net loss per share, basic and diluted1,141,699817,970
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.