Satisfaction of Additional Price Condition and Confirmation of Warrant Expiration Date
Summary
Enovix announced that its alternate warrant price condition was met on August 28, 2025. The company set August 29, 2025 as the alternate expiration date and said the warrants must be exercised before 5:00 p.m. New York City time that day. Enovix reported that about 12.6 million warrants had already been exercised, generating roughly $110.1 million in gross proceeds. The company also explained the guaranteed delivery process for holders who cannot complete exercise through their financial institution on time.
Funding
Amount
$110.1M
Total raised
Date
August 28, 2025
Announcement date
Investors
-
Lead investors
Company
enovix.com
Funded company
Classifications
industries
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applications
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