Enovix Corp is a technology company that specializes in the development and manufacturing of advanced lithium-ion battery solutions
The company focuses on creating high-performance batteries that offer increased energy density and improved safety compared to traditional lithium-ion batteries. Enovix aims to revolutionize various industries, including consumer electronics and electric vehicles, by providing innovative energy storage solutions that meet the growing demand for longer-lasting, efficient, and reliable power sources. Through its proprietary technologies and manufacturing processes, Enovix strives to push the boundaries of battery performance and sustainability.
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.
Shares of Enovix Corporation (NASDAQENVX) are trading higher Friday. The company reported it has shipped its first samples of the second-generation EX-2M battery to mobile phone customers. Here's what you need to know.
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 in 2026 and assure Enovix’s energy density lead in the smartphone industry.
BOSTON, MA / ACCESSWIRE / December 17, 2024 / Block & Leviton is investigating Enovix Corporation (Nasdaq:ENVX) for potential securities law violations. Investors who have lost money in their Enovix Corporation investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/envx.
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.
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.
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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:
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.
FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQENVX), 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.
FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQENVX), 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.
Enovix Corporation (NASDAQENVX) shares are trading higher Wednesday following the company's better-than-expected third-quarter results. Enovix also announced a new development agreement with a leading smartphone OEM. Here's what you need to know.
