Trust Size
$141M
Peak Price
$9.35
Current Price
$0.00
Return
-100.0%
Peak Market Cap
$300M
Price Journey
What Happened
Movella Holdings made motion sensor technology and 3D motion capture systems used in entertainment, sports, and health applications. The company went public via SPAC merger in 2023 but defaulted on its debt and completed a major restructuring in 2025.
Movella went public via SPAC in 2023. The motion sensor company quickly ran into financial trouble, defaulting on its Note Purchase Agreement. In 2025, it completed a corporate restructuring that transferred 100% equity of its subsidiary to a new entity controlled by creditors. The stock trades at $0.001/share and the company is effectively defunct as a public entity.
Timeline
2021-02-11
S-1 Registration Filed
2023-01-17
Merger Proxy Filed (DEFM14A)
2025-01-30
Last SEC Filing
2024-03-18
Filed for bankruptcy
SEC Filing Details
CIK Number
1839132
Total SEC Filings
252
State of Incorporation
DE
Last Filing Date
2025-01-30
Business Location
Palo Alto, CA
Trust/Asset Size
$141M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for Movella Holdings