Form 8-K

8-K — Corvex, Inc.

Accession: 0001213900-26-069066

Filed: 2026-06-16

Period: 2026-06-16

CIK: 0001734750

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0294785-8k_corvex.htm (Primary)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 16, 2026

CORVEX, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-40254

82-4233771

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

3401 North Fairfax Drive, Suite 3230, Arlington, Virginia

22226

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including

area code: ((866) GET-GPUS ((866) 438-4787)

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.0001 par value per share

MOVE

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

5.02. Departure of

Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 16, 2026, Corvex,

Inc. (the “Company”) announced the appointment of Chance Moreland as Chief Financial Officer, effective June 29, 2026.

Mr. Moreland, age 44,

served in a series of roles with increasing scope of responsibilities at Morgan Stanley, including as a Managing Director of Leveraged

Finance from January 2022 through June 2026 and as an Executive Director of Leveraged Finance from January 2019 through January 2022.

Mr. Moreland received a B.A. in Economics and a B.S. in Physics-Engineering from Washington and Lee University, an M.S. in Aeronautics

and Astronautics from Stanford University, and an M.B.A. from Columbia Business School

In connection with his

appointment, the Company entered into an employment agreement with Mr. Moreland (the “Employment Agreement”), pursuant to

which he will receive an annual base salary of $425,000 and will be eligible to earn an annual performance bonus of up to 100% of his

then current base salary.

Pursuant to the Employment

Agreement, Mr. Moreland will be granted (1) 523,211 restricted stock units, which will vest in four equal annual installments, and (2)

523,211 performance stock units (“PSUs”), assuming maximum achievement of the applicable performance goals. The PSUs will

become earned and vest pursuant to, and otherwise be subject to, the terms and conditions to be established by the Company for senior

executives of the Company under the Company’s 2026 calendar year PSU program. The vesting of all such equity awards is subject to

Mr. Moreland’s continued employment with the Company.

If Mr. Moreland is terminated

without cause or resigns for good reason, he will be entitled under the Employment Agreement to receive certain severance benefits including

(1) a severance payment an amount equal to one times annual base salary plus 12 months of premium payments for COBRA coverage for health,

dental and vision coverage, (2) a prorated target bonus for the year of termination, (3) prorated accelerated vesting of all time-based

equity awards (based on the number of days of employment during the vesting period and, with respect to each award, reduced by the number

of shares or units previously vested during the vesting period), and (4) prorated accelerated vesting of all performance-based equity

awards at the greater of target or actual performance (with proration based on the number of days of employment during the performance

period).

J. Cogan will continue

to serve as the Company’s Chief Financial Officer until Mr. Moreland’s appointment to that office effective June 29, 2026.

7.01. Regulation FD

Disclosure.

The Company issued a

press release, dated June 16, 2026, announcing Mr. Moreland’s appointment as Chief Financial Officer. A copy of the press release

is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

Exhibits

The following exhibits are filed herewith:

Exhibit No.

Exhibit Description

99.1

Press release, dated June 16, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

CORVEX, INC.

Date: June 16, 2026

By:

/s/ J Cogan

J Cogan

Chief Financial Officer

EX-99.1 — PRESS RELEASE, DATED JUNE 16, 2026

EX-99.1

Filename: ea029478501ex99-1.htm · Sequence: 2

Exhibit 99.1

Corvex Appoints Chance Moreland as CFO to Accelerate Capital Formation,

AI Infrastructure Expansion

Morgan Stanley veteran brings deep expertise in institutional capital

markets execution to support Corvex’s next phase of growth in AI cloud infrastructure

ARLINGTON, Va., June 16, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq:

MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment

of Christopher Chance Moreland as Chief Financial Officer, effective June 29, 2026.

Moreland joins Corvex from Morgan Stanley, where he served as Managing

Director in Leveraged and Acquisition Finance. During his more than 12 years at the firm, Moreland led the structuring and execution of

complex financings across loan and bond markets, advising on over 150 transactions, including multi-billion-dollar financings across GPUs

as a service, data center, power and energy, asset leasing, and other sectors.

His appointment comes at a pivotal moment for Corvex as it scales its

AI infrastructure platform following its recent public listing. The Company’s model — combining contracted demand, flexible

access to power, proprietary software to optimize workload performance and security, and disciplined capital formation — requires

sophisticated, repeatable financing capabilities across both corporate and project-level structures. Moreland brings highly relevant expertise

with a track record of underwriting and syndicating large, complex transactions in capital-intensive industries.

“Corvex sits at the intersection of AI compute, power infrastructure,

and capital markets, and Chance has spent his career executing in exactly these environments,” said Jay Crystal, Chief Executive

Officer and Co-Founder of Corvex. “He is one of the most active and trusted dealmakers in leveraged finance with a proven ability

to structure and place large-scale financings in dynamic markets. As we scale our GPUs-as-a-service infrastructure and AI data center

capacity, and continue to invest in our proprietary software stack to enhance performance, security, and the economics of our infrastructure,

his experience will be critical in building a durable, programmatic capital formation engine.”

At Morgan Stanley, Moreland was responsible for structuring capital

commitments and managing underwriting processes across a range of deal types and clients. His experience provides him with a nuanced understanding

of market dynamics, investor demand, and execution risk, capabilities that are essential as Corvex scales deployments aligned with customer

demand.

“The next phase of AI infrastructure will be defined by platforms

that can reliably access and deploy capital at scale,” said Moreland. “Corvex has built a differentiated model that aligns

compute demand, power availability, and capital efficiency. The opportunity to help institutionalize and scale that model, across both

corporate financing and project-level structures, is incredibly compelling. I’m excited to join a team that is taking a disciplined,

execution-focused approach to building AI infrastructure and differentiating itself through a software-driven approach that improves performance,

enables secure compute through confidential computing, and ultimately enhances returns on deployed capital.”

Moreland’s appointment underscores Corvex’s focus on building

institutional-grade financial capabilities to support rapid, capital-efficient growth. As AI workloads become more infrastructure-intensive,

Corvex is positioned to serve as a trusted platform for deploying capital into GPU-accelerated compute environments, leveraging long-term

contracts, flexible power strategies, and a software-centric approach that increases the output and efficiency of its upcoming Token Factory

environments.

Moreland holds an MBA with Dean’s Honors from Columbia Business

School, a Master of Science in Aeronautics and Astronautics from Stanford University, and dual degrees in Economics and Physics-Engineering

from Washington and Lee University. He is also a CFA® charterholder.

About Corvex

Corvex is an AI cloud computing company specializing

in GPU-accelerated infrastructure for AI workloads. Corvex’s platform allows organizations to leverage the advantage of AI by providing

secure, scalable, and cost-efficient computational resources. Corvex’s infrastructure leverages advanced GPU-accelerated compute clusters,

high-throughput storage systems and layered architecture to provide enhanced security, consistent performance, and efficiency at scale.

Corvex’s platform integrates proprietary software, including confidential computing and workload optimization tools, to enhance

security, performance, and capital efficiency across its infrastructure.

Cautionary Statements Regarding Forward-Looking Statements

This press release contains forward-looking statements

within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well

as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally

be identified by terms such as “could,” “estimate,” “expect,” “intend,” “may,” “plan,”

“potentially,” or “will” or similar expressions and the negatives of those terms. These statements include, but are

not limited to, statements relating to product capabilities, customer deployment, business strategy, growth plans and objectives for

future operations. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to

a number of risks and uncertainties, including the risks and uncertainties described in the Company’s SEC reports, and under the heading

“Risk Factors” in its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.sec.gov

and in other filings the Company makes and will make with the SEC. The forward-looking statements contained herein speak only as of the

date of this press release. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking

statements to reflect events or circumstances after the date of this press release.

Media Contact

Chris Donahoe, Stillpoint

corvex.media@stillpointglobaladvisors.com

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