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IPO for Movano (MOVE) Opens at $6

March 23, 2021 12:03 PM EDT

Today's IPO for Movano Inc. (NASDAQ: MOVE) opened for trading at $6 after pricing 8,500,000 shares of its common stock at a public offering price of $5.00 per share.

National Securities Corporation is acting as the sole underwriter for the offering.

Founded in 2018, Movano Inc. is a health-focused technology company creating simple, smart and personalized devices designed to help individuals on their health journey optimize for good health today and prevent and manage chronic diseases in the future. Movano's technology is being developed to provide vital health information, including glucose and blood pressure data, in a variety of form factors to meet individual style needs and give users actionable feedback in order to improve the quality of their life.



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