• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Enovix Corporation

    2/14/22 2:25:22 PM ET
    $ENVX
    Industrial Machinery/Components
    Miscellaneous
    Get the next $ENVX alert in real time by email
    SC 13G 1 efc22-177_sc13g.htm

    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

    SCHEDULE 13G*
    (Rule 13d-102)

    INFORMATION TO BE INCLUDED
    IN STATEMENTS FILED PURSUANT
    TO RULES 13d-1(b), (c), AND
    (d) AND AMENDMENTS THERETO
    FILED PURSUANT TO RULE 13d-2
    (AMENDMENT NO. )*

    Enovix Corporation
    (Name of Issuer)

    Common Stock, $0.0001 par value per share
    (Title of Class of Securities)

    293594107
    (CUSIP Number)

    December 31, 2021
    (Date of Event Which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒
    Rule 13d-1(b)
    ☐
    Rule 13d-1(c)
    ☐
    Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



    1
    NAMES OF REPORTING PERSONS
     
     
    York Capital Management Global Advisors, LLC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    New York
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
      9,219,511
     
     
     
     
    6
    SHARED VOTING POWER
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
     9,219,511
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
     9,219,511
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
    6.35%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    IA
     
     
     
     


    Item 1(a).
    Name of Issuer:

    Enovix Corporation

    Item 1(b).
    Address of Issuer's Principal Executive Offices:

    3501 W. Warren Avenue
    Freemont, California 94538

    Item 2(a).
    Name of Person Filing:

    This Schedule is being filed by York Capital Management Global Advisors, LLC (“YGA”) with respect to:

    (i)
    9,219,511 shares of common stock directly owned by York Distressed Asset Fund III, L.P., a Cayman Islands exempted limited partnership (“York Distressed Fund III”), the general partner of which is York Distressed Asset Holdings, LLC.

    YGA, as the sole managing member of the general partner of York Distressed Fund III, exercises investment discretion over York Distressed Fund III and accordingly may be deemed to have beneficial ownership over the shares of common stock directly owned by York Distressed Fund III.

    Item 2(b).
    Address of Principal Business Office or, if none, Residence:

    The principal business office address of YGA is:
     
    c/o York Capital Management
    767 Fifth Avenue, 17th Floor
    New York, New York 10153
     
    Item 2(c).
    Citizenship:

    The place of organization of YGA is New York.

    Item 2(d).
    Title of Class of Securities:

    Common Stock, $0.0001 par value per share

    Item 2(e).
    CUSIP Number:

    293594107

    Item 3.
    If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n):

      (a)
    ☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);


    (b)
    ☐ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);


    (c)
    ☐ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);


    (d)
    ☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);


    (e)
    ☒ Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);


    (f)
    ☐ Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);


    (g)
    ☐ Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);


    (h)
    ☐ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);


    (i)
    ☐ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);


    (j)
    ☐ A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J);


    (k)
    ☐ Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________ .

    Item 4.
    Ownership.

    (a)
    Amount beneficially owned:
    9,219,511
           
    (b)
    Percent of class:
    6.35%
           
    (c)
    Number of shares as to which the person has:
     
           
     
    (i)
    Sole power to vote or to direct the vote:
    9,219,511
           
     
    (ii)
    Shared power to vote or to direct the vote:
    0
           
     
    (iii)
    Sole power to dispose or to direct the disposition of:
    9,219,511
           
     
    (iv)
    Shared power to dispose or to direct the disposition of:
    0

    The number of shares beneficially owned and the percentage of outstanding shares represented thereby have been computed in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended. The percentage of ownership described above is based on 145,245,628 shares of common stock outstanding as of November 9, 2021, as reported by the Issuer in its form 10-Q filed with the Securities and Exchange Commission on November 15, 2021.


    Item 5.
    Ownership of Five Percent or Less of a Class.

    Not Applicable.

    Item 6.
    Ownership of More Than Five Percent on Behalf of Another Person.

    The right to receive dividends from, or the proceeds from the sale of, all shares of common stock reported in this statement as may be deemed to be beneficially owned by YGA is held by York Distressed Fund III, which is subject to the investment discretion of YGA.

    Item 7.
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

    Not Applicable.

    Item 8.
    Identification and Classification of Members of the Group.

    Not Applicable.

    Item 9.
    Notice of Dissolution of Group.

    Not Applicable.

    Item 10.
    Certification.

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated: February 14, 2022

     
    YORK CAPITAL MANAGEMENT GLOBAL ADVISORS, LLC
       
     
    By:
     /s/  Brian Traficante
       
    Name:
    Brian Traficante
       
    Title:
    Chief Legal Officer



    Get the next $ENVX alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ENVX

    DatePrice TargetRatingAnalyst
    10/31/2024Buy → Neutral
    Janney
    7/22/2024$25.00Buy
    The Benchmark Company
    12/18/2023Outperform
    William Blair
    7/21/2023$19.00 → $20.00Outperform → Market Perform
    TD Cowen
    1/11/2023$20.00Buy
    Canaccord Genuity
    12/2/2022$19.00Buy
    B. Riley Securities
    11/4/2022$23.00Buy
    Janney
    9/28/2022$25.00Overweight
    Cantor Fitzgerald
    More analyst ratings

    $ENVX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Enovix Announces First Quarter 2025 Financial Results

      FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for the first quarter 2025, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the first quarter of 2025, Enovix advanced across critical milestones with our lead smartphone customer, keeping us on track for a customer product launch later this year. We also strengthened our leadership team, expanded our manufacturing footprint through a strategic acquisition in South Korea, and accelerated progress towards mass production readiness at Fab2 in Malaysia. Recent Highl

      4/30/25 4:05:00 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Appoints Ryan Benton as Chief Financial Officer

      FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation. Enovix CEO Dr. Raj Talluri added, "Ryan's experience and transparent communication style make him an ideal leader for our finance organization and a strong voice in conveying our strategy to investors. As we get closer to achieving our top objective of commencing smartphone bat

      4/17/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturing

      FREMONT, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX), a global high-performance battery company, today announced the acquisition of battery cell manufacturing assets from SolarEdge, located in South Korea. The acquisition will expand the company's manufacturing footprint and help position Enovix to meet growing demand in the defense industry. The transaction is expected to close in April 2025, subject to the satisfaction of customary closing conditions. Enovix will be acquiring a battery cell manufacturing facility from SolarEdge that is approximately 330,000 square feet, as well as battery cell development and manufacturing equipment. The SolarEdge facilit

      4/3/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Financials

    Live finance-specific insights

    See more
    • Enovix Announces First Quarter 2025 Financial Results

      FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for the first quarter 2025, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the first quarter of 2025, Enovix advanced across critical milestones with our lead smartphone customer, keeping us on track for a customer product launch later this year. We also strengthened our leadership team, expanded our manufacturing footprint through a strategic acquisition in South Korea, and accelerated progress towards mass production readiness at Fab2 in Malaysia. Recent Highl

      4/30/25 4:05:00 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturing

      FREMONT, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX), a global high-performance battery company, today announced the acquisition of battery cell manufacturing assets from SolarEdge, located in South Korea. The acquisition will expand the company's manufacturing footprint and help position Enovix to meet growing demand in the defense industry. The transaction is expected to close in April 2025, subject to the satisfaction of customary closing conditions. Enovix will be acquiring a battery cell manufacturing facility from SolarEdge that is approximately 330,000 square feet, as well as battery cell development and manufacturing equipment. The SolarEdge facilit

      4/3/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Announces Fourth Quarter and Full Year 2024 Financial Results

      FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and full year 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2024, we achieved key milestones in manufacturing, technology, and sales, setting the stage for a breakout year in 2025. We are focused on launching our first smartphone battery and converting our IoT pipeline into contracted backlog. Customers across multiple industries are acknowledging the readiness of our manufacturing capabilities, which are com

      2/19/25 4:08:52 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    SEC Filings

    See more
    • SEC Form 10-Q filed by Enovix Corporation

      10-Q - Enovix Corp (0001828318) (Filer)

      5/2/25 4:10:40 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Enovix Corp (0001828318) (Filer)

      4/30/25 4:12:16 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form DEFA14A filed by Enovix Corporation

      DEFA14A - Enovix Corp (0001828318) (Filer)

      4/24/25 4:47:44 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Leadership Updates

    Live Leadership Updates

    See more
    • Enovix Appoints Ryan Benton as Chief Financial Officer

      FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation. Enovix CEO Dr. Raj Talluri added, "Ryan's experience and transparent communication style make him an ideal leader for our finance organization and a strong voice in conveying our strategy to investors. As we get closer to achieving our top objective of commencing smartphone bat

      4/17/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Appoints Kristina Truong as Chief Accounting Officer

      FREMONT, Calif., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a Silicon Valley high-performance battery manufacturing company, today announced the appointment of Kristina Truong as its first Senior Vice President and Chief Accounting Officer. Kristina will oversee all accounting, controllership and financial reporting, including Sarbanes-Oxley controls. She will also play a key role as part of Enovix's senior leadership team, helping to drive operational excellence and financial transparency as the Company enters its next phase of growth. Enovix CEO Raj Talluri commented, "With Enovix poised for significant growth in 2025 and beyond, and operating in five

      12/30/24 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Expands Leadership Team with Battery Industry Veteran Dr. Hongwei Yan

      FREMONT, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global leader in high-performance batteries, today announced the appointment of Dr. Hongwei Yan as Chief Technology Officer (CTO), reporting directly to CEO Dr. Raj Talluri. In this role, Dr. Yan will work in concert with the CEO and the leadership team to drive technology development, customer qualification and the 2025 scale up of the company's Malaysia high-volume manufacturing plant. "This hire is a big win for us," said T.J. Rodgers, Enovix Chairman. "We all know that Korea and China lead the world in lithium-ion batteries. Now, we have a top scientist who has worked at both Korea's

      11/26/24 7:00:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Legal Officer Chakravarthy Arthi covered exercise/tax liability with 2,217 shares, decreasing direct ownership by 0.50% to 442,202 units (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      4/24/25 7:52:29 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • President and CEO Talluri Rajendra K covered exercise/tax liability with 17,618 shares, decreasing direct ownership by 0.71% to 2,469,314 units (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      4/18/25 8:00:24 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Chief Financial Officer Benton Ryan A was granted 748,752 shares (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      4/17/25 5:28:27 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Enovix downgraded by Janney

      Janney downgraded Enovix from Buy to Neutral

      10/31/24 9:00:46 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • The Benchmark Company initiated coverage on Enovix with a new price target

      The Benchmark Company initiated coverage of Enovix with a rating of Buy and set a new price target of $25.00

      7/22/24 7:23:29 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • William Blair initiated coverage on Enovix

      William Blair initiated coverage of Enovix with a rating of Outperform

      12/18/23 7:46:22 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Enovix Corporation (Amendment)

      SC 13G/A - Enovix Corp (0001828318) (Subject)

      2/14/24 4:05:49 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form SC 13G/A filed by Enovix Corporation (Amendment)

      SC 13G/A - Enovix Corp (0001828318) (Subject)

      2/13/24 5:04:31 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form SC 13G filed by Enovix Corporation

      SC 13G - Enovix Corp (0001828318) (Subject)

      1/29/24 5:25:53 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous