Movano (MOVE) Health announced its board of directors has initiated a process to explore strategic alternatives, including a sale, merger, or similar transaction, to maximize shareholder value. The company has engaged Aquilo Partners as its financial advisor and K&L Gates as legal counsel for this process. Movano Health also reported that due to resource constraints, it does not plan to timely file its Form 10-Q for the quarter ended March 31.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MOVE: