Movella Holdings Inc

Earnings data Q4 2022

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Movella Holdings, Inc. engages in the provision of integrated sensors, software, and analytics. Their products power real-time character movement in digital environments. The company was founded on December 18, 2020 and is headquartered in Henderson, NV.

HENDERSON, Nev., April 09, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced that its shares of common stock and warrants commenced trading on the Pink Market platform operated by OTC Markets Group, Inc. (the “OTC”) at the market open on April 9, 2024 under the “MVLA” and “MVLAW” ticker symbols. Existing stockholders and warrant holders will find the securities quoted on the OTC Pink Market and freely tradable without any further action needed.

Movella Announces Listing on OTC Pink Market

HENDERSON, Nev., April 01, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it filed a Form 25 with the Securities and Exchange Commission (the “SEC”) to voluntarily delist its shares of common stock and warrants, each exercisable for one share of common stock at an exercise price of $11.50 per share (collectively, the “Securities”) from trading on The Nasdaq Stock Market LLC (“Nasdaq”) in connection with its previously announced plan to delist the Company's Securities from trading on Nasdaq.

Movella Files Form 25 to Voluntarily Delist its Securities from The Nasdaq Stock Market LLC

HENDERSON, Nev., March 26, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it was notified by the Nasdaq Stock Market LLC (“Nasdaq”) of the timing of Nasdaq's planned suspension of trading of the Company's securities.

Movella Announces Nasdaq's Planned Suspension of Trading of Securities

HENDERSON, Nev., March 21, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today the appointment of Marcum LLP (“Marcum”) as its independent registered public accounting firm, effective March 19, 2024.

Movella Announces Appointment of Marcum LLP as New Independent Registered Public Accounting Firm

Movella (NASDAQ: MVLA ) stock is falling on Thursday after the movement digitization company announced its voluntary delisting from the Nasdaq Global Market. According to a filing with the Securities and Exchange Commission (SEC), Movella shares and warrants will be delisted from the exchange on April 11, 2024.

Why Is Movella (MVLA) Stock Down 57% Today?

HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market. Movella intends to file a Form 25 with the Securities and Exchange Commission (the “SEC”) to remove its Common Stock and Warrants from listing on the Nasdaq Global Market on or about April 1, 2024 and deregister such securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as a result, Movella expects that the last trading day of its Common Stock and Warrants on the Nasdaq Global Market will be on or about April 11, 2024. Movella will remain subject to such reporting obligations under Sections 13 and 15(d) of the Exchange Act.

Movella Announces Voluntary Delisting from Nasdaq

Intel

Intel sold all its shares of sensor-tech firm Movella in the fourth quarter.

Intel Exits Stake in Embattled Movella Stock

HENDERSON, Nev. & SCHLANGENBAD, Germany--(BUSINESS WIRE)--Movella Holdings Inc. (NASDAQ: MVLA) (Movella) (https://www.movella.com/), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced a strategic partnership with DIERS, a specialist in medical biomechanics and spine analysis. Together the company will release free²move: a new healthcare technology designed to seamlessly integrate into traditional clinical settings and enab.

Movella and DIERS Announce 'Free2Move' Healthcare Technology for Objective Patient Assessment

HENDERSON, Nev., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announces today that it received a notice (the “Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) on November 16, 2023 stating that Movella is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of Movella's failure to timely file its quarterly report on Form 10-Q for the quarter ended September 30, 2023 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”).

Movella Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing

HENDERSON, Nev., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it will not file its quarterly report on Form 10-Q for the three months ended September 30, 2023 (the “10-Q”) within the filing deadline established by the Securities and Exchange Commission (the “SEC”) and will be a late filer with respect to such report.

Movella Announces Delayed 10-Q Filing

HENDERSON, Nev., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced that it will delay the release of its third quarter 2023 results and investor conference call, previously scheduled for today, Monday, November 13, 2023.

Movella Holdings Delays Third Quarter 2023 Financial Results Conference Call and Webcast

HENDERSON, Nev., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, has rescheduled the release of its financial results for the third quarter and nine months ended September 30, 2023 to after market close on Monday, November 13, 2023.

Movella Announces New Date For Third Quarter 2023 Financial Results Conference Call and Webcast

HENDERSON, Nev. & TAIPEI, Taiwan--(BUSINESS WIRE)--Leading industrial sensor technology provider Movella and Advantech, a global leader in Industrial IoT, have joined forces to develop advanced solutions enhancing the reliability and safety in Autonomous Mobile Robots (AMR) and Automated Guided Vehicles (AGV) applications. This collaboration leverages Movella's expertise in industrial grade Inertial Sensor Modules and Advantech's proficiency in providing cutting-edge embedded solutions & de.

Movella and Advantech Collaborate to Deliver Advanced Solutions for AMR and AGV Applications

HENDERSON, Nev., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced that it will release financial results for the third quarter and nine months ended September 30, 2023 after market close on Wednesday, November 8, 2023, followed by a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss Movella's financial results and outlook. The call will be hosted by Ben Lee, CEO and Steve Smith, CFO. Q&A with management will follow immediately after prepared remarks.

Movella To Announce Third Quarter 2023 Financial Results on November 8, 2023

HENDERSON, Nev.--(BUSINESS WIRE)--Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced its commitment to support independent creators and small studios in the animation, VFX, and game development fields. As part of the program, the company is offering two new bundles – the Indie Starter Bundle and Indie Pro Bundle – which include six months of free access to Movella's studio-.

Movella Announces Commitment to Support Independent Creators Impacted by Entertainment Strikes

Movella Holdings Inc announced on Wednesday that it has reduced its employee headcount by about 20% due to prevailing market conditions.  The sensors maker also said it has chosen to restructure its operations by exiting certain non-core business activities.

Movella Holdings to slash workforce by 20%; stock slide continues

HENDERSON, Nev., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced that due to market conditions, on August 31, 2023, the Company reduced its number of employees by approximately 20%. The Company expects to substantially complete this workforce reduction in the third quarter of 2023. Additionally, the Company elected to restructure its operations by exiting certain non-core business activities. As a result of this workforce reduction and restructuring, the Company expects to incur a pre-tax cash charge for severance and restructuring costs which consists of one-time termination benefits and contract termination costs, of between approximately $1.1 million and $1.6 million in the third quarter of 2023. The Company expects to achieve cost savings of approximately $2.0 million per quarter following this action.

Movella Realigns Workforce to Better Navigate Challenging Market Conditions

Teamworks to transition Movella's Kinduct athlete management system customers to its Operating System for Sports™ and integrate Movella-enabled movement analytics solutions HENDERSON, NV and DURHAM, NC / ACCESSWIRE / August 22, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (Movella), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced a strategic partnership with Teamworks , an enterprise SaaS company serving elite sports and tactical organizations globally. The partnership is designed to jointly provide integrated solutions to each company's customer base, with Teamworks providing its Operating System for Sports™ to support existing Movella athlete performance management customers and Movella offering its full-stack athlete movement analytics solutions to over 6,000 Teamworks' customers.

Movella Announces Strategic Partnership with Teamworks to Provide Movement Analytics Solutions to Athletic Organizations

Movella will demonstrate the latest in motion capture workflows for game engine technology at this year's SIGGRAPH in Los Angeles. HENDERSON, NV / ACCESSWIRE / August 3, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (‘Movella'), a leading full-stack provider of sensors, software, and analytics that enables the digitization of movement, will be demonstrating its motion capture solutions with leading game engines, Unity and Unreal, at SIGGRAPH 2023, 6-10 August, Los Angeles Convention Center.

Movella to Showcase Motion Capture Integrations with Unity and Unreal at SIGGRAPH 2023

Company also announces OBSKUR Mocap Box for motion-enabled avatars HENDERSON, NV / ACCESSWIRE / August 3, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (‘Movella), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced the launch of OBSKUR: the first all-in-one broadcasting application for engaging livestreams built on Unreal Engine 5. OBSKUR makes it easy for anyone to create compelling 3D streams, build a community, and efficiently interact with their audience.

Movella Launches OBSKUR: The First All-In-One Broadcasting Application for Engaging Livestreams

HENDERSON, Nev., July 26, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced that it will release financial results for the second quarter and six months ended June 30, 2023 after market close on Wednesday, August 9, 2023, followed by a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss Movella's financial results and outlook. The call will be hosted by Ben Lee, CEO and Steve Smith, CFO. Q&A with management will follow immediately after prepared remarks.

Movella To Announce Second Quarter 2023 Financial Results on August 9

Pakistan's 3rd World Studios uses cost-effective and versatile inertial motion capture system to deliver high-end feature films. HENDERSON, NV / ACCESSWIRE / July 13, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (‘Movella'), a leading full-stack provider of sensors, software, and analytics that enables the digitization of movement, is providing the motion capture technology to Pakistan-based 3rd World Studios to upgrade its animation workflows to compete in the global market.

Movella Motion Capture Solutions Enable Globalization of Animation Industry

Movella's motion capture technology enables lifelike movement of Jayson Tatum's digital avatar for gaming, entertainment, and sports performance applications HENDERSON, NV / ACCESSWIRE / June 16, 2023 / Movella, a leading full-stack developer of sensors, software, and analytics enabling the digitization of movement, partnered with basketball all-star Jayson Tatum to showcase its high-fidelity motion capture technology. In a new video released by Movella, Tatum is seen using Movella's Xsens mocap suit to record and translate his on-court movements into his digital avatar in real time.

Movella Digitizes Jayson Tatum's On-Court Movements

HENDERSON, NV / ACCESSWIRE / June 1, 2023 / Movella Holdings Inc. (NASDAQ:MVLA), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, is assisting automotive manufacturers in the continued improvement of employee safety and wellness. The BMW Group utilizes Movella's motion capture technology to easily perform realistic ergonomic evaluations of production workers with higher precision and reliability.

Movella's Motion Capture Technology Powers Workplace Ergonomic Improvements at BMW Group

HENDERSON, NV / ACCESSWIRE / May 30, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) ("Movella"), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, today announced that Ben Lee, CEO, and Steve Smith, CFO, will present at the following investor conference: Stifel 2023 Cross Sector Insight Conference Date: Tuesday, June 6, 2023 Time: 2:25 p.m. ET Location: The InterContinental Boston Webcast: https://wsw.com/webcast/stifel80/mvla/2093040 A live webcast of the presentation will be available at Movella's Investor Relations website and will be archived for a limited time.

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