Home / Going-concern warnings / Corvex, Inc.
Filed 2026-03-31 路 Form 10-K 路 Accession 0001213900-26-036609 nano
Price before filing: $11.44 (2026-03-30 close, split/dividend-adjusted)
Market cap at flag: $25.5M (2026-03-31) 路 Latest: $20.1M (2026-10-16)
| Window | MOVE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +39.0% | +13.7% | +25.3% | 2026-04-30 |
| 90 days | +79.5% | +17.6% | +62.0% | 2026-06-29 |
| 180 days | -1.7% | +21.8% | -23.5% | 2026-09-28 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 3 insiders sold $1.5M (20 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-01-05 | Cogan Jeremy CFO | Sale | 1,879 | $8.35 | $16K | no | Form 4 |
| 2026-01-05 | Mastrototaro John Chief Executive Officer, Director | Sale | 2,514 | $8.21 | $21K | no | Form 4 |
| 2026-01-06 | Cogan Jeremy CFO | Sale | 3,859 | $8.03 | $31K | no | Form 4 |
| 2026-01-06 | Cogan Jeremy CFO | Sale | 4,359 | $7.57 | $33K | no | Form 4 |
| 2026-01-07 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 3,293 | $7.34 | $24K | no | Form 4 |
| 2026-01-08 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 3,593 | $7.26 | $26K | no | Form 4 |
| 2026-01-09 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 783 | $7.27 | $6K | no | Form 4 |
| 2026-01-12 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 3,377 | $7.01 | $24K | no | Form 4 |
| 2026-01-13 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 2,076 | $6.94 | $14K | no | Form 4 |
| 2026-01-14 | Leabman Michael Aaron Chief Technology Officer, Director | Sale | 6,845 | $6.66 | $46K | no | Form 4 |
| 2026-01-27 | Cogan Jeremy CFO | Sale | 3,288 | $19.11 | $63K | no | Form 4 |
| 2026-01-27 | Cogan Jeremy CFO | Sale | 4,622 | $20.07 | $93K | no | Form 4 |
| 2026-01-27 | Cogan Jeremy CFO | Sale | 13,179 | $20.63 | $272K | no | Form 4 |
| 2026-01-27 | Cogan Jeremy CFO | Sale | 5,548 | $21.76 | $121K | no | Form 4 |
| 2026-01-27 | Cogan Jeremy CFO | Sale | 2,099 | $23.37 | $49K | no | Form 4 |
| 2026-01-27 | Mastrototaro John Chief Executive Officer, Director | Sale | 4,512 | $19.12 | $86K | no | Form 4 |
| 2026-01-27 | Mastrototaro John Chief Executive Officer, Director | Sale | 5,444 | $20.18 | $110K | no | Form 4 |
| 2026-01-27 | Mastrototaro John Chief Executive Officer, Director | Sale | 14,960 | $20.75 | $310K | no | Form 4 |
| 2026-01-27 | Mastrototaro John Chief Executive Officer, Director | Sale | 5,746 | $21.78 | $125K | no | Form 4 |
| 2026-01-27 | Mastrototaro John Chief Executive Officer, Director | Sale | 2,407 | $23.37 | $56K | no | Form 4 |
| 2026-03-31: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-31 to 2026-04-30. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As discussed in Note 1 to the consolidated financial statements, the Company has an accumulated deficit, recurring losses and expects future losses that raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Going-concern opinion issued by: RBSM LLP
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report; also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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