MOVE · Movano Inc.

This resolution represents a critical near-term governance and liquidity milestone for Movano Inc., as continued Nasdaq listing is essential for market access, institutional investor eligibility, and capital-raising capacity. The Company’s restoration of compliance with the Minimum Stockholders’ Equity Rule — a threshold tied directly to financial stability and solvency perception — alleviates an imminent risk of delisting that had been outstanding since October 2025. However, the imposition of the Mandatory Panel Monitor significantly raises the stakes for ongoing compliance: unlike standard listing deficiencies, this regime eliminates procedural safeguards such as compliance plans or extensions, meaning any subsequent violation — whether related to bid price, market value of publicly held shares, or corporate governance rules — would proceed directly toward suspension unless overturned at a new hearing. The fact that the Panel required monitoring rather than full closure suggests residual concerns about sustainability, though the filing discloses no details on the nature or magnitude of the equity improvement. Investors should closely monitor quarterly balance sheet disclosures, particularly shareholders’ equity levels and trends, as well as any announcements regarding financing, dilution, or material liabilities that could impact equity going forward.