• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • 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
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

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

    1/25/23 5:17:59 PM ET
    $ENVX
    Industrial Machinery/Components
    Miscellaneous
    Get the next $ENVX alert in real time by email
    SC 13G/A 1 d404362dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)*

     

     

    ENOVIX CORPORATION

    (Name of Issuer)

    Common Stock, $0.001 par value per share

    (Title of Class of Securities)

    293594107

    (CUSIP Number)

    December 31, 2022

    (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 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).

     

     

     


    CUSIP No. 293594107

    13G

     

      1.    

      NAMES OF REPORTING PERSONS

     

      Eclipse GP III, LLC

      2.  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

      (a)  ☐        (b)  ☒

     

      3.  

      SEC USE ONLY

     

      4.  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Delaware

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5.    

      SOLE VOTING POWER

     

      0

       6.  

      SHARED VOTING POWER

     

      7,583,258 (1)

       7.  

      SOLE DISPOSITIVE POWER

     

      0

       8.  

      SHARED DISPOSITIVE POWER

     

      7,583,258 (1)

      9.    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      7,583,258 (1)

    10.  

      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

     

      ☐

    11.  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      4.8% (2)

    12.  

      TYPE OF REPORTING PERSON (see instructions)

     

      OO

     

    (1)

    All such shares are held of record by Eclipse III (as defined in Item 2(a) below). Eclipse GP III (as defined in Item 2(a) below) is the general partner of Eclipse III and may be deemed to have voting, investment and dispositive power with respect to these securities. Mr. Susan (as defined in Item 2(a) below) is the sole managing member of Eclipse GP III and may be deemed to have voting, investment and dispositive power with respect to these securities.

    (2)

    Based on 157,103,967 shares of Common Stock outstanding as of October 31, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 4, 2022 (the “Form 10-Q”).


    CUSIP No. 293594107

    13G

     

      1.    

      NAMES OF REPORTING PERSONS

     

      Eclipse Fund III, L.P.

      2.  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

      (a)  ☐        (b)  ☒

     

      3.  

      SEC USE ONLY

     

      4.  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      Delaware

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5.    

      SOLE VOTING POWER

     

      0

       6.  

      SHARED VOTING POWER

     

      7,583,258 (1)

       7.  

      SOLE DISPOSITIVE POWER

     

      0

       8.  

      SHARED DISPOSITIVE POWER

     

      7,583,258 (1)

      9.    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      7,583,258 (1)

    10.  

      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

     

      ☐

    11.  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      4.8% (2)

    12.  

      TYPE OF REPORTING PERSON (see instructions)

     

      PN

     

    (1)

    All such shares are held of record by Eclipse III. Eclipse GP III is the general partner of Eclipse III and may be deemed to have voting, investment and dispositive power with respect to these securities. Mr. Susan is the sole managing member of Eclipse GP III and may be deemed to have voting, investment and dispositive power with respect to these securities.

    (2)

    Based on 157,103,967 shares of Common Stock outstanding as of October 31, 2022, as reported by the Issuer in its Form 10-Q.


    CUSIP No. 293594107

    13G

     

      1.    

      NAMES OF REPORTING PERSONS

     

      Lior Susan

      2.  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

      (a)  ☐        (b)  ☒

     

      3.  

      SEC USE ONLY

     

      4.  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      United States of America

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5.    

      SOLE VOTING POWER

     

      7,583,258 (1)

       6.  

      SHARED VOTING POWER

     

      0

       7.  

      SOLE DISPOSITIVE POWER

     

      7,583,258 (1)

       8.  

      SHARED DISPOSITIVE POWER

     

      0

      9.    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      7,583,258 (1)

    10.  

      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

     

      ☐

    11.  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      4.8% (2)

    12.  

      TYPE OF REPORTING PERSON (see instructions)

     

      IN

     

    (1)

    All such shares are held of record by Eclipse III. Eclipse GP III is the general partner of Eclipse III and may be deemed to have voting, investment and dispositive power with respect to these securities. Mr. Susan is the sole managing member of Eclipse GP III and may be deemed to have voting, investment and dispositive power with respect to these securities.

    (2)

    Based on 157,103,967 shares of Common Stock outstanding as of October 31, 2022, as reported by the Issuer in its Form 10-Q.


    CUSIP No. 293594107

    13G

     

    Explanatory Note

    This Amendment No. 1 (“Amendment No. 1”) amends and supplements the Schedule 13G initially filed with the Securities and Exchange Commission on July 26, 2021 (the “Original Schedule 13G”) and is being filed by Eclipse Fund III, L.P. (“Eclipse III”), Eclipse GP III, LLC (“Eclipse GP III” and together with Eclipse III, the “Reporting Entities”) and Lior Susan (“Mr. Susan”). The Reporting Entities and Mr. Susan collectively are referred to as the “Reporting Persons”. The agreement among the Reporting Persons to file jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act was filed as Exhibit 1 to the Original Schedule 13G. Only those items that are hereby reported are amended; all other items reported in the Original Schedule 13G remain unchanged. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Capitalized terms not defined in this Amendment No. 1 have the meanings ascribed to them in the Original Schedule 13G.

     

    Item 4.

    Ownership.

    (a) Amount beneficially owned:

    See Row 9 of the cover page for each Reporting Person. Eclipse III is the record owner of 7,583,258 shares of Common Stock (the “Eclipse III Shares”). As the general partner of Eclipse III, Eclipse GP III may be deemed to beneficially own the Eclipse III Shares. As the managing member of Eclipse GP III, Mr. Susan also may be deemed to beneficially own the Eclipse III Shares.

    (b) Percent of class:

    See Row 11 of the cover page for each Reporting Person and the corresponding footnotes.*

    (c) Number of shares as to which the person has:

    (i) Sole power to vote or to direct the vote

    See Row 5 of the cover page for each Reporting Person and the corresponding footnotes.*

    (ii) Shared power to vote or to direct the vote

    See Row 6 of the cover page for each Reporting Person and the corresponding footnotes.*

    (iii) Sole power to dispose or to direct the disposition of

    See Row 7 of the cover page for each Reporting Person and the corresponding footnotes.*

    (iv) Shared power to dispose or to direct the disposition of

    See Row 8 of the cover page for each Reporting Person and the corresponding footnotes.*

     

    *

    Except to the extent of his, her or its pecuniary interest therein, each Reporting Person disclaims beneficial ownership of such shares of Common Stock, except for the shares, if any, such Reporting Person holds of record.

     

    Item 5.

    Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following:  ☒.


    CUSIP No. 293594107

    13G

     

    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: January 25, 2023.

     

    ECLIPSE FUND III, L.P.
    By:   Eclipse GP III, LLC
    Its:   General Partner
    By:  

    /s/ Lior Susan

      Lior Susan
    Its:   Managing Member
    ECLIPSE GP III, LLC
    By:  

    /s/ Lior Susan

      Lior Susan
    Its:   Managing Member

    /s/ Lior Susan

    Lior Susan
    Get the next $ENVX alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $ENVX

    DatePrice TargetRatingAnalyst
    7/24/2025$12.00Overweight → Neutral
    Analyst
    7/8/2025$7.00 → $15.00Hold
    TD Cowen
    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
    More analyst ratings

    $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 0.51% to 429,117 units (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      7/25/25 4:45:42 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 0.73% to 2,382,253 units (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      7/21/25 4:29:02 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Chief Operating Officer Marathe Ajay covered exercise/tax liability with 7,338 shares, decreasing direct ownership by 0.63% to 1,165,843 units (SEC Form 4)

      4 - Enovix Corp (0001828318) (Issuer)

      7/15/25 9:08:46 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Leadership Updates

    Live Leadership Updates

    See more
    • Enovix Appoints Srikanth Kethu as Head of Enovix India to Accelerate Global Innovation and Regional Expansion

      FREMONT, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX) ("Enovix"), a leader in advanced silicon battery technology, today announced the appointment of Srikanth Kethu as Head of Enovix India, effective today. In this key leadership role, Mr. Kethu will oversee the company's Hyderabad R&D center and play a strategic role in supporting the ramp-up of Enovix's high-volume manufacturing facility in Malaysia, while driving the broader expansion of Enovix's footprint in India. Mr. Kethu brings more than two decades of experience leading high-performance engineering teams and scaling offshore operations for global automotive and industrial leaders including ZF, Merc

      7/14/25 8:45:00 AM 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 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

    $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 Analyst with a new price target

      Analyst downgraded Enovix from Overweight to Neutral and set a new price target of $12.00

      7/24/25 7:25:56 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • TD Cowen reiterated coverage on Enovix with a new price target

      TD Cowen reiterated coverage of Enovix with a rating of Hold and set a new price target of $15.00 from $7.00 previously

      7/8/25 8:16:42 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix downgraded by Janney

      Janney downgraded Enovix from Buy to Neutral

      10/31/24 9:00:46 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    SEC Filings

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

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

      7/28/25 5:03:00 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Amendment: SEC Form SCHEDULE 13D/A filed by Enovix Corporation

      SCHEDULE 13D/A - Enovix Corp (0001828318) (Subject)

      7/22/25 4:41:39 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form CERT filed by Enovix Corporation

      CERT - Enovix Corp (0001828318) (Filer)

      7/21/25 4:33:13 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Enovix Chairman TJ Rodgers Issues Letter to Shareholders on Warrant Dividend

      FREMONT, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX, ENVXW)) ("Company" or "Enovix"), a leader in advanced silicon battery technology, today announced that it distributed a letter from Chairman TJ Rodgers to all shareholders to discuss the Company's recent warrant dividend distribution. A copy of the letter has been posted on the Company's website here. Further Information Relating to the Warrants For more information relating to the exercise mechanics and other terms of the Warrants, please refer to the materials filed by the Company with the Securities and Exchange Commission (the "SEC") available at https://www.sec.gov and the information posted on the C

      7/29/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Early Warrant Expiration: Preliminary Notice

      Price of Enovix common stock has exceeded $10.50 for five trading days The earliest expiration date for the Warrants is August 19, 2025 Reserves right to set Alternate Expiration Date for Warrants  FREMONT, Calif., July 28, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX, ENVXW)) ("Company" or "Enovix"), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for five trading days since the distribution of the warrants to purchase common stock (the "Warrants"), currently traded on Nasdaq under ENVXW. Today's closing price for Enovix common stock was $15.06 per share, and the Warrants are currently in-the-money based

      7/28/25 4:54:28 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Distributes Dividend of Warrants to Stockholders

      FREMONT, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX) ("Company" or "Enovix"), a global high-performance battery company, today announced that it will distribute warrants to purchase Enovix common stock ("Warrants") to its shareholders and certain convertible noteholders on Monday, July 21, 2025 (the "Distribution Date"), in accordance with the previously declared shareholder warrant dividend. As previously announced, each stockholder of record as of July 17, 2025 (the "Record Date") will receive one (1) Warrant for every seven (7) shares of Enovix common stock held, rounded down to the nearest whole Warrant. "The distribution of these warrants reflects our c

      7/21/25 8:45:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous

    $ENVX
    Financials

    Live finance-specific insights

    See more
    • Enovix Chairman TJ Rodgers Issues Letter to Shareholders on Warrant Dividend

      FREMONT, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX, ENVXW)) ("Company" or "Enovix"), a leader in advanced silicon battery technology, today announced that it distributed a letter from Chairman TJ Rodgers to all shareholders to discuss the Company's recent warrant dividend distribution. A copy of the letter has been posted on the Company's website here. Further Information Relating to the Warrants For more information relating to the exercise mechanics and other terms of the Warrants, please refer to the materials filed by the Company with the Securities and Exchange Commission (the "SEC") available at https://www.sec.gov and the information posted on the C

      7/29/25 8:30:00 AM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Early Warrant Expiration: Preliminary Notice

      Price of Enovix common stock has exceeded $10.50 for five trading days The earliest expiration date for the Warrants is August 19, 2025 Reserves right to set Alternate Expiration Date for Warrants  FREMONT, Calif., July 28, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX, ENVXW)) ("Company" or "Enovix"), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for five trading days since the distribution of the warrants to purchase common stock (the "Warrants"), currently traded on Nasdaq under ENVXW. Today's closing price for Enovix common stock was $15.06 per share, and the Warrants are currently in-the-money based

      7/28/25 4:54:28 PM ET
      $ENVX
      Industrial Machinery/Components
      Miscellaneous
    • Enovix Distributes Dividend of Warrants to Stockholders

      FREMONT, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (NASDAQ:ENVX) ("Company" or "Enovix"), a global high-performance battery company, today announced that it will distribute warrants to purchase Enovix common stock ("Warrants") to its shareholders and certain convertible noteholders on Monday, July 21, 2025 (the "Distribution Date"), in accordance with the previously declared shareholder warrant dividend. As previously announced, each stockholder of record as of July 17, 2025 (the "Record Date") will receive one (1) Warrant for every seven (7) shares of Enovix common stock held, rounded down to the nearest whole Warrant. "The distribution of these warrants reflects our c

      7/21/25 8:45:00 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