ENOVIX CORP. overview

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...

FREMONT, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a Silicon Valley high-performance battery manufacturing company, today announced the major milestone of shipping second-generation EX-2M samples to customers manufactured in its Malaysian Fab 2 plant. Consistent with its plan, the samples demonstrated an energy density improvement of approximately 10% over EX-1M products scheduled for mass 2025 production in Malaysia. EX-2M is expected to launch...

FREMONT, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global leader in high-performance batteries, today announced that CFO Farhan Ahmad has left the company and that it is searching for a new CFO. CEO Raj Talluri said, “We thank Farhan for his service, which left us with a healthy balance sheet with over $250 million of cash, a reduced cost structure, a strong global finance team, and a clear financial runway to ramp the production of our...

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....

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...

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...

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...

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....