Enovix Corporation Stock Price, News & Analysis

Enovix (Nasdaq: ENVX), a leader in advanced silicon battery technology, has appointed J. Daniel "Dan" McCranie to its Board of Directors, effective August 12, 2025. This appointment expands the board to eight directors, with six being independent.

McCranie brings over 30 years of experience in public-company board governance and operating leadership in the semiconductor and technology sectors. His extensive background includes serving as Chairman of onsemi, Non-Executive Chairman of Freescale Semiconductor, and holding leadership positions at various technology companies. He currently serves as a director at SunPower Corporation and is their EVP of Sales.

Enovix (Nasdaq: ENVX) announced that its common stock has traded above $10.50 for 17 consecutive trading days since the distribution of warrants. The company's stock closed at $10.98 per share, with warrants trading $2.23 in-the-money based on their $8.75 exercise price.

If the stock continues trading above $10.50 for 20 out of 30 trading days, the warrants could expire as early as August 19, 2025. To date, approximately 7.8 million warrants have been exercised, generating about $68.5 million in gross proceeds for Enovix.

The company plans to implement a Notice of Guaranteed Delivery process for warrant exercises and encourages remaining holders to take prompt action as unexercised warrants will become worthless after expiration.

Enovix (Nasdaq: ENVX) announced that its common stock has traded above $10.50 for 14 consecutive trading days since the distribution of warrants. The stock closed at $10.78, with warrants remaining $2.03 in-the-money based on their $8.75 exercise price.

If the stock trades at or above $10.50 for 20 out of 30 trading days, the warrants could expire as early as August 19, 2025. To date, approximately 6.1 million warrants have been exercised, generating about $53.6 million in gross proceeds for Enovix. The company urges remaining warrant holders to take action before expiration, as warrants will become non-tradable and non-exercisable afterward.

Enovix (Nasdaq: ENVX) has established an 18,000-square-foot R&D Center of Excellence in Hyderabad's HITEC City, India, to accelerate the development of its AI-2™ battery platform. The facility employs 40 full-time staff, primarily engineers and scientists with advanced degrees.

The center will integrate electrochemical and mechanical modeling, materials development, and rapid prototyping capabilities, with a capacity to produce 2,600 prototype cells annually and test 750 small cells simultaneously. The development process will leverage Enovix's global facilities, with Korean teams developing silicon anodes 50% faster than current methods, and Malaysian facilities handling manufacturing.

The Hyderabad team has already contributed to the AI-1™ platform, developing an electrolyte meeting smartphone battery requirements of >900 Wh/L Energy Density, >1000 cycle life, and 3C fast charge.

Enovix (Nasdaq: ENVX) announced that its common stock has traded above $10.50 for nine consecutive trading days since the distribution of warrants. The company's stock closed at $10.71 per share, with warrants trading at $1.96 in-the-money based on their $8.75 exercise price.

The warrants' earliest expiration date is set for August 19, 2025, contingent on the stock maintaining above $10.50 for 20 out of 30 trading days. CFO Ryan Benton noted that eleven trading days remain before potential warrant expiration, after which warrants will become non-tradable and non-exercisable.

Enovix (Nasdaq: ENVX), a global high-performance battery company, has released its second quarter 2025 financial results through a shareholder letter posted on their website. The company's President and CEO Dr. Raj Talluri, along with CFO Ryan Benton, will discuss the results and provide business updates in a live webcast scheduled for 5:00 PM ET / 2:00 PM PT.

Enovix Corporation (Nasdaq: ENVX), a leader in advanced silicon battery technology, has announced the distribution of a letter from Chairman TJ Rodgers to shareholders regarding the company's recent warrant dividend distribution.

The letter has been made available on the company's website, and detailed information about the warrant exercise mechanics and terms can be accessed through SEC filings and Enovix's dedicated webpage at enovix.com/enovix-warrant-dividend.

Enovix Corporation (Nasdaq: ENVX) announced that its common stock price has exceeded $10.50 for five trading days, potentially triggering an early expiration of its warrants (ENVXW). The company's stock closed at $15.06 per share, with warrants currently in-the-money at an $8.75 exercise price.

The earliest possible expiration date for the warrants is August 19, 2025, contingent on the stock maintaining above $10.50 for an additional 15 trading days. CFO Ryan Benton indicated that while the company intends to accelerate the warrant expiration if conditions are met, warrant holders can continue exercising or trading their positions through the expiration date.

Enovix (Nasdaq: ENVX), a global high-performance battery company, announced the distribution of warrants to its stockholders on July 21, 2025. Shareholders of record as of July 17, 2025, will receive one warrant for every seven shares of common stock held.

The warrants will be exercisable for cash and will expire on October 1, 2026, unless triggered by an early expiration condition. The early expiration can occur if Enovix's stock maintains a volume-weighted average price (VWAP) of $10.50 or higher for 20 out of 30 consecutive trading days. Given the current stock price of $15.54 as of July 18, 2025, early expiration could occur as soon as August 19, 2025.