CORVEX, INC. ANNOUNCES ADDITIONAL DETAILS OF SPECIAL 35.8% STOCK DIVIDEND FOR SHAREHOLDERS OF RECORD ON MARCH 30, 2026

About this update from Corvex, Inc.

[{"type":"text","content":"ARLINGTON, Va., March 24, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq:MOVE) ("Corvex" or the "Company") today announced additional details regarding the special 35.8% stock dividend (the "Stock Dividend") previously announced on March 19, 2026.","length":272,"tagName":"p"},{"type":"image","alt":"Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. (PRNewsfoto/Corvex)","displaySize":"","headline":null,"caption":"Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. (PRNewsfoto/Corvex)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":42,"url":"https://media.zenfs.com/en/prnewswire.com/fcf20a8948eeefed8b5712e9eaa5ec9f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IL7It9HJpCDcMFs_2ge7Ew--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc0/https://media.zenfs.com/en/prnewswire.com/fcf20a8948eeefed8b5712e9eaa5ec9f","width":400,"height":42}},"href":"https://mma.prnewswire.com/media/2867163/logo_corvex_color_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Each stockholder of record as of the close of business on March 30, 2026 will be entitled to receive a 35.8% stock dividend at no cost and with no action required on the part of the stockholder.","length":194,"tagName":"p"},{"type":"text","content":"For example, a stockholder holding 10,000 shares of Corvex common stock, par value $0.0001 per share (the "Common Stock") as of the close of trading on March 30, 2026 would receive 3,580 additional shares of Common Stock on the distribution date of April 6, 2026.","length":273,"tagName":"p"},{"type":"text","content":"No fractional shares will be issued. Any fractional share entitlement will be paid out in cash.","length":95,"tagName":"p"},{"type":"text","content":"To be eligible to receive the Stock Dividend, you must hold shares of Corvex, Inc. Common Stock (Nasdaq:MOVE) as of the close of business on March 30, 2026.","length":156,"tagName":"p"},{"type":"text","content":"Eligible stockholders do not need to take any action to receive the Stock Dividend. Additional shares will be automatically credited to your brokerage account or delivered through the Depository Trust Company on the distribution date.","length":234,"tagName":"p"},{"type":"text",...

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