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

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424B5 - Enovix Corp (0001828318) (Filer)

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

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

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S-3ASR - Enovix Corp (0001828318) (Filer)

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

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

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

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FREMONT, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today its participation in the following upcoming investor events: Oppenheimer Fireside Chat with Enovix CEO Dr. Raj Talluri Date: Monday, November 11, 2024 J.P. Morgan Equity Opportunities Forum Date: Thursday, November 14, 2024 Location: Miami Beach, Florida Portfolio managers and analysts who wish to request a meeting should contact their sales representative at the sponsoring firms. Replays of recorded webcasts, where applicable, can be accessed by selecting Events under the News and Events section of the Enovix website at https://i

FREMONT, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today that it completed a secondary equity offering. On Friday November 1, the Company received approximately $96 million dollars net of fees related to the transaction. As a result, the Company now expects to close 2024 with cash levels of approximately $245 million, compared to the prior expectation of $150 million. Enovix's CEO Raj Talluri commented, "As we disclosed on our third quarter earnings call, we have multiple mass production commitments in 2025, and a growing pipeline for 2026. Now we can build on this momentum with a stronger

FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced the pricing of an underwritten public offering of 10,416,667 shares of its common stock for total gross proceeds of $100 million before deducting underwriting discounts and commissions and estimated offering expenses payable by Enovix. The offering is expected to close on November 1, 2024, subject to satisfaction of customary closing conditions. All of the shares of common stock in the offering will be sold by Enovix. Enovix has granted the underwriter a 30-day option to purchase up to an additional 1,562,500 shares of its common stock

FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced that it has commenced an underwritten public offering of $100.0 million of shares of its common stock, subject to market and other conditions. In connection with the offering, Enovix expects to grant the underwriter a 30-day option to purchase up to an additional $15.0 million of the shares of common stock offered in the public offering. There can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the shares of common stock in the offering will be sold by Enovix

FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for third quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the third quarter of 2024, we made significant progress on our journey to scale. The unveiling of Fab2 was a major boost in confidence with multiple customers now indicating a desire to launch products with us starting from late 2025. Other recent highlights include: Revenue growth: Revenues were $4.3 million in the third quarter, above our guidance midpoint and up from $3.8 million i

FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today that it executed a development agreement with one of the leading global smartphone OEMs with top 5 market share in China. Under the terms of the agreement and subject to applicable milestones, the companies will develop a 100% active silicon anode battery customized for specific smartphone models targeted for launch in Q4 2025. The company now has agreements with 2 of the leading smartphone OEMs and has further sales momentum building in IoT and EV markets. Enovix's CEO Raj Talluri commented, "We are thrilled to formalize this relations

FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it will release financial results for the third quarter of 2024 on Tuesday, October 29, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on October 29, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q3-2024.open-exchange.net/registration. This link will also be available via the Investor Relations section of Enovix's website at https://ir.enovix.com. Investors m

FREMONT, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today that it commenced shipping EX-1M battery cell samples from its new Agility Line in Malaysia last week. This is an important milestone on the Company's journey to scale which follows shipping initial samples from Fab1 in California, and opening high-volume Fab2 in Malaysia just this summer. Enovix also recently completed internal UN38.3 certification for cells now shipping. UN38.3 is the United Nations standard for safe transportation of Lithium-ion batteries and is only granted to products that meet strict international safety and abuse

FREMONT, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced its participation in the following investor event: Fireside Chat with Enovix CEO Dr. Raj Talluri, Hosted by William Blair Date: Thursday, September 12, 2024 Time: 4:30 PM ET Webcast link: Available here Live webcasts can be accessed by selecting Events under the News and Events section of the Enovix website at https://ir.enovix.com. Replays of webcasts will be archived following presentations, also in the Events section. About Enovix Enovix is on a mission to deliver high-performance batteries that unlock the full potential of techn

FREMONT, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for second quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the second quarter of 2024 we began producing our first batteries in Malaysia and demonstrated strong commercial progress with a handful of leading customers. Our recent highlights include: Strong top-line growth: Revenue of $3.8 million in the second quarter of 2024, up from $42,000 in the second quarter of 2023 and above the mid-point of our forecast of $3.0 million to $4.0 million. We exp

FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for third quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the third quarter of 2024, we made significant progress on our journey to scale. The unveiling of Fab2 was a major boost in confidence with multiple customers now indicating a desire to launch products with us starting from late 2025. Other recent highlights include: Revenue growth: Revenues were $4.3 million in the third quarter, above our guidance midpoint and up from $3.8 million i

FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it will release financial results for the third quarter of 2024 on Tuesday, October 29, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on October 29, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q3-2024.open-exchange.net/registration. This link will also be available via the Investor Relations section of Enovix's website at https://ir.enovix.com. Investors m

FREMONT, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for second quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the second quarter of 2024 we began producing our first batteries in Malaysia and demonstrated strong commercial progress with a handful of leading customers. Our recent highlights include: Strong top-line growth: Revenue of $3.8 million in the second quarter of 2024, up from $42,000 in the second quarter of 2023 and above the mid-point of our forecast of $3.0 million to $4.0 million. We exp

FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it will release financial results for the second quarter of 2024 on Wednesday, July 31, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on July 31, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q2-2024.open-exchange.net/registration. This link will also be available via the Investor Relations section of Enovix's website at https://ir.enovix.com. Investors may

FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, announced today financial results for first quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the first quarter of 2024 we made tremendous progress toward readying Fab2 in Malaysia to begin production while closely collaborating with leading customers ahead of shipping first samples of our breakthrough EX-1M battery. Our recent highlights include: Strong top-line growth: Revenue of $5.3 million in the first quarter of 2024, up from $21,000 in the first quarter of 2023 and above our fore

FREMONT, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), a global high-performance battery company, today announced it will release financial results for the first quarter of 2024 on Wednesday, May 1, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on May 1, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q12024.open-exchange.net/. This link will also be available via the Investor Relations section of Enovix's website at https://ir.enovix.com. An archived version of the call

FREMONT, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, announced today financial results for fourth quarter and full year 2023, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2023 we completed our acquisition of Routejade and positioned the company to scale with high-volume manufacturing in Malaysia. Our highlights for the quarter include: Record top-line performance: Revenue of $7.4 million in the fourth quarter of 2023, up from $1.1 million in the fourth quarter of 2022 and $0.2 million in the third quarter of 2023. Revenue strength

FREMONT, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced it will release financial results for the fourth quarter and full year 2023 on Tuesday, February 20, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on February 20, 2024, to discuss the company's business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q42023.open-exchange.net/. This link will also be available via the Investor Relations section of Enovix's website at https://ir.enovix.com. Investors may al

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) --  Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, announced today financial results for the third quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the third quarter of 2023 we made meaningful strategic and go-to-market decisions while achieving important milestones on our journey to scale: Factory Acceptance Testing ("FAT") of Gen2 manufacturing equipment: Commenced on schedule in August and we have completed FAT for one zone of the full production line. We continue to expect to complete FAT for all four zones by January 2024.Fab

FREMONT, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced that it has completed the acquisition of privately-held Routejade, an established Korean battery manufacturer. The acquisition provides Enovix with vertical integration of electrode coating and battery pack manufacturing, while adding an established lithium-ion battery business with two factories in Korea, along with complementary products, customers, and suppliers. With coating now vertically integrated, Enovix intends to realize significant cost savings while speeding up battery development cycles as modern materials are quickly incorporate

Janney downgraded Enovix from Buy to Neutral

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

William Blair initiated coverage of Enovix with a rating of Outperform

TD Cowen downgraded Enovix from Outperform to Market Perform and set a new price target of $20.00 from $19.00 previously

Canaccord Genuity initiated coverage of Enovix with a rating of Buy and set a new price target of $20.00

B. Riley Securities initiated coverage of Enovix with a rating of Buy and set a new price target of $19.00

Janney initiated coverage of Enovix with a rating of Buy and set a new price target of $23.00

Cantor Fitzgerald initiated coverage of Enovix with a rating of Overweight and set a new price target of $25.00

Piper Sandler resumed coverage of Enovix with a rating of Overweight and set a new price target of $29.00

Loop Capital reiterated coverage of Enovix with a rating of Buy and set a new price target of $100.00 from $50.00 previously

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FREMONT, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced that Samira Naraghi, Enovix's Vice President of Product Strategy, has been appointed to the 2024 Consumer Technology Association (CTA)® Board of Industry Leaders. CTA is the trade association representing the $505 billion U.S. consumer technology industry, which supports more than 18 million U.S. jobs. Its Board of Industry Leaders comprises of executives who are experienced leaders from CTA's member companies and who have broad experience in the consumer technology sector and represent the industry's interests. Naraghi, who has served as Vi

FREMONT, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced the appointment of Farhan Ahmad as Chief Financial Officer, replacing Steffen Pietzke, who is stepping down effective July 9, 2023. Pietzke will stay on as a consultant for up to six months to ensure a smooth transition. "Steffen has been instrumental through major financial events including taking Enovix public and we are thankful for his service," said Dr. Raj Talluri, President and CEO at Enovix. "I am pleased Farhan will join the company. He brings financial leadership expertise, most recently at Micron, where he helped shape the company'

FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), an advanced silicon battery company, today announced the appointment of Joseph Malchow, founding partner at HNVR Technology Investment Management and board member at Enphase Energy, Inc., and Bernard Gutmann, a 40-year semiconductor industry veteran and former CFO at On Semiconductor, to its Board of Directors (the "Board") effective June 22, 2023. These appointments expand the Board to eight directors, six of whom are independent. "I am committed to the operational success of Enovix and the addition of Joe and Bernard enhances our Board's skillset and demonstrates our commitment to drive long-

FREMONT, Calif., Dec. 29, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Dr. Raj Talluri as President and Chief Executive Officer, effective January 18, 2023. Talluri is also expected to be appointed to the Enovix board of directors on a later date. Talluri replaces CEO and Co-Founder Harrold Rust, who is retiring from his position and the board but will serve in an advisory capacity to support the leadership transition. Talluri brings a strong track record of leading successful high-volume and highly profitable semiconductor franchises w

FREMONT, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Ajay Marathe as COO reporting to CEO Harold Rust. Marathe's 38-year career includes stints as COO, CIO and foreign-subsidiary CEO of major technology companies including Western Digital Corporation, Lumileds LLC and Advanced Micro Devices, where he served for 23 years first as Thailand Plant Manager responsible for assembly and test of six million units per week, and then VP of Operations of the 2,500-employee Computation Products group, and then VP of Operations for

FREMONT, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced two major developments related to its laser program: a non-binding Memorandum of Understanding (MOU) with IPG Photonics Corporation (NASDAQ:IPGP), the leader in high-power fiber laser technology, to collaborate to develop cutting edge, next-generation laser tooling and methods to optimize battery cell manufacturing processes and productivity, and the appointment of Manuel Leonardo, an expert in the field of laser photonics, as Senior Staff Laser Engineer. Enovix believes these two devel

FREMONT, Calif., March 03, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Patrick Donnelly as Vice President, Strategic Business Development, focused on Electric Vehicles (EVs). In his role, Donnelly will lead commercialization and partnership efforts for Enovix in the dynamic EV market. Donnelly joins Enovix with extensive experience leading commercial teams at tier one automotive and lithium-ion battery suppliers. He joins Enovix from Samsung SDI, where he led a commercial team that secured several multibillion-dollar contracts with cus

FREMONT, Calif., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix") (NASDAQ:ENVX, ENVXW))), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Pegah Ebrahimi to its Board of Directors. Ebrahimi is a seasoned technology executive and go-to-market leader, who has been at the center of major trends over the past decade from mobile and cloud to AI. She brings unique insight to Enovix on how the company's batteries can enable the next generation of disruptive technologies and industries. "Pegah has been counseling companies in Silicon Valley for the last ten years and has first-hand knowledge of how our