Corvex, Inc. (MOVE) company profile
Close on Nov 13, 2026Market cap $123.58MP/E –Yield –
About Corvex
Services-Computer Processing & Data Preparation, SIC 7374
Corvex, Inc. operates two primary business divisions: an artificial intelligence cloud computing business and a healthcare business. Its cloud computing segment provides graphics processing unit compute clusters, high-throughput storage, managed software services, and confidential computing solutions for training and running artificial intelligence models. The healthcare division develops wearable health devices, including a wellness ring designed for women and an FDA-cleared medical ring that monitors pulse rate and blood oxygen saturation. The company's computing infrastructure primarily serves technology companies that train and deploy generative artificial intelligence models.
The company operates its computing platform out of a Tier III data center facility situated in Delaware. Within its healthcare division, commercial distribution of its wearable device occurred exclusively within the United States prior to being paused. Corvex maintains its principal executive offices in Arlington, Virginia, and is incorporated in Delaware.
Summary of the business section of Corvex's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Corvex, Inc.
- Founded
- 2018
- Headquarters
- Arlington, VA
- Address
- 3401 North Fairfax Drive 22226
- Phone
- (866) 438-4787
- Website
- corvex.ai
- Employees
- 32, Dec 31, 2024
- Industry
- Services-Computer Processing & Data Preparation
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- RBSM LLP, Larkspur, California
Stock & identifiers
- Ticker
- MOVE
- Exchange
- Nasdaq
- IPO date
- Mar 23, 2021
- Shares outstanding
- 28M, Aug 11, 2026
- Public float
- $5.31M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- Stock splits
- 1-for-10 reverse, Oct 10, 2025; 1-for-15 reverse, Oct 29, 2024
- SEC CIK
- 1734750
- CUSIP
- 62459M305
- ISIN
- US62459M3051
- FIGI
- BBG00X0V8H84
- Share class FIGI
- BBG00X0V8H93
- EIN
- 82-4233771
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John Adler Crystal III | Co-Chief Executive Officer, Director | 7,126,044 |
| Seth Demsey | Co-Chief Executive Officer, Director | 8,594,564 |
| John Mastrototaro | Chief Executive Officer, Director | 58,521 |
| Michael Aaron Leabman | Chief Technology Officer, Director | 409,152 |
| Christopher Moreland | CFO | 523,211 |
| Jeremy Cogan | CFO | 97,504 |
| Emily Fairbairn | Director | 1,447,873 |
| Nicholas M. Donofrio | Director | 50,000 |
| Patrick Fleury | Director | 100,000 |
| Brian Cullinan | Director | 111,276 |
| Ruben Caballero | Director | 38,017 |
| Shaheen Wirk | Director | 15,960 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| John Mastrototaro Former Chief Executive Officer (Current Chief Operating Officer) | $380.00K | $105.65K | $16.35K | $502.00K | -22% |
| Michael Leabman Former Chief Technology Officer | $306.70K | $47.44K | – | $354.13K | -43% |
| J. Cogan Chief Financial Officer | $314.93K | $178.97K | $34.14K | $528.03K | +37% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2024, we had 32 employees, all of whom are employed on a full-time basis.”
Corporate history
Events identified from SEC filings
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