Rodgers Silicon Valley Acquisition Corp. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On September 28, 2021, the Audit Committee of the Board of Directors of Enovix Corporation (“Enovix”) approved a change in the fiscal year end from a year ending on December 31 to a fiscal year calendar typically consisting of four 13-week quarters, with the change to be effective for Enovix’s third quarter beginning on July 1, 2021 and ending on October 3, 2021. Enovix’s current fiscal year will end on January 2, 2022. Enovix’s 2023 fiscal year will be comprised of four fiscal quarters ending on April 3, 2022, July 3, 2022, October 2, 2022 and January 1, 2023, respectively. The updated calendar will occasionally include a 14-week fourth quarter, which will first occur in fiscal year 2025, starting on September 29, 2024 and ending on January 5, 2025. Enovix is making the fiscal year change on a prospective basis and will not adjust operating results for prior periods.
Since the change in Enovix’s fiscal year end is from the last day of the month to a fiscal year commencing within seven days of the old fiscal year end, the change is not deemed a change in fiscal year for purposes of reporting subject to Rule 13a-10 or 15d-10. Accordingly, a transition report is not required to be filed.
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SIGNATURES
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: September 29, 2021 | By: | /s/ Steffen Pietzke | ||||
| Steffen Pietzke | ||||||
| Chief Financial Officer | ||||||
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