FILING ANALYSIS · THURSDAY, NOVEMBER 12
Corvex, Inc. MOVE — 8-K: Results of Operations and Financial Condition
neutral
The company reported a net loss of $17.5 million and adjusted EBITDA of -$3.2 million, but showed revenue growth of 31% from the previous quarter, and has secured approximately 8 MW of critical IT capacity, with 1.5 MW live and supporting $22 million of contracted ARR. However, the company also closed a private placement of approximately 4.26 million shares of common stock, which may lead to dilut
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