Corvex, Inc. appointed Seth Demsey as co-Chief Executive Officer on July 1, 2026, to serve alongside Jay Crystal. Stockholders approved the 2026 Equity Incentive Plan and the 2026 Employee Stock Purchase Plan. The company increased authorized shares of Series D Preferred Stock to 50,000 shares and, on July 7, 2026, converted all Series C Preferred Stock and 4,752,244 shares of common stock from Series D Preferred Stock into common stock. Corvex operates in the AI computing infrastructure industry, providing high-performance AI computing at scale.
