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    Enovix Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    7/2/25 8:31:51 AM ET
    $ENVX
    Industrial Machinery/Components
    Miscellaneous
    Get the next $ENVX alert in real time by email
    envx-20250702
    0001828318False00018283182025-06-302025-06-30

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): July 2, 2025
    Enovix Corporation
    Capture.jpg
    (Exact Name of Registrant as Specified in Its Charter)
     
    Delaware001-3975385-3174357
    (State or Other Jurisdiction
    of Incorporation)
    (Commission
    File Number)
    (IRS Employer
    Identification No.)
    3501 W Warren Avenue
    Fremont, California
     94538
    (Address of Principal Executive Offices) (Zip Code)
    Registrant’s Telephone Number, Including Area Code: (510) 695-2350
    Not Applicable
    (Former Name or Former Address, if Changed Since Last Report)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading
    Symbol(s)
    Name of each exchange on which registered
    Common Stock, par value $0.0001 per shareENVXThe Nasdaq Global Select Market
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
    Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



    Item 8.01 Other Events.
    On July 2, 2025, Enovix Corporation (the “Company”) announced that the Company’s board of directors had authorized the repurchase of up to $60 million worth of shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), effective immediately (the “Repurchase Plan”). Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18.
    The timing and number of shares of Common Stock repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. The Repurchase Plan does not obligate the Company to repurchase any specific number of shares of Common Stock, and the Repurchase Plan may be suspended or discontinued at any time.

    Item 9.01 Financial Statements and Exhibits.
    (d) Exhibits
    Exhibit
    Number
     
     
    Description
    99.1
    Press Release dated July 2, 2025
    104 Cover Page Interactive Data File (embedded within the Inline XBRL document).



    SIGNATURE
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
       Enovix Corporation
        
    Date:
    July 2, 2025
    By:
    /s/ Arthi Chakravarthy
    Arthi Chakravarthy
    Chief Legal Officer and Head of Corporate Development




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