Welcome to our dedicated page for Enovix Corporation news (Ticker: ENVX), a resource for investors and traders seeking the latest updates and insights on Enovix Corporation stock.
Enovix Corporation (Nasdaq: ENVX) regularly issues news and updates that highlight its progress in advanced lithium-ion battery technology, commercialization milestones and capital markets activity. As a company focused on proprietary 100% active silicon-anode architectures and high-energy-density cells, its announcements often center on technology validation, customer engagements and manufacturing scale-up.
Recent news has featured the AI-1™ smartphone battery, which Enovix reports achieved 935 Wh/L volumetric energy density in independent testing by Polaris Battery Labs, outperforming a leading silicon-doped smartphone battery tested under the same conditions. Other releases describe validation by an independent testing firm and a leading smartphone OEM that AI-1 batteries deliver the highest energy density among smartphone cells they evaluated, as well as progress with a lead smartphone customer advancing toward commercial launch.
Investors following ENVX news can also track updates on smart eyewear and defense programs, shipments to defense customers, and expansion of manufacturing capabilities at Fab2 in Malaysia and a Korea-based cell-manufacturing facility. Financial news items include quarterly results, non-GAAP metrics commentary, and details on initiatives such as a warrant dividend program, a share repurchase authorization, and a private offering of 4.75% Convertible Senior Notes due 2030.
This news page helps readers monitor Enovix’s announcements about product performance, customer programs, factory readiness, financing transactions and corporate developments. For those analyzing ENVX stock or the broader silicon-anode battery space, the company’s press releases provide context on how its technology, capital structure and global footprint are evolving over time.
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.
Enovix (Nasdaq: ENVX) has scheduled its Q2 2025 financial results release for July 31, 2025, after market close, followed by a webcast at 5:00 PM ET. The company will showcase a new video featuring its Malaysia Fab2 manufacturing facility, highlighting the first high-volume production line for its AI-1™ smartphone battery.
Chairman T.J. Rodgers emphasized a significant milestone: the successful production of commercial-grade AI-1 batteries with 900+ Wh/L energy density, fast charging capabilities, and enhanced safety features in a smartphone-sized format. The Malaysia facility, supported by engineering teams in Fremont and India, is preparing for broader production ramp-up later in 2025.
Enovix (Nasdaq: ENVX) has released a supplemental FAQ document regarding its previously announced warrant dividend distribution. The company will distribute one warrant for every seven shares of common stock held as of the July 17, 2025 record date.
Key details include warrant distribution mechanics, with examples showing that 1,000 shares would receive 142 warrants. Convertible Note holders will receive warrants based on the same ratio. The warrants include an Early Expiration Price Condition triggered if the stock's VWAP equals or exceeds $10.50 for 20 out of 30 consecutive trading days. Otherwise, warrants expire on October 1, 2026.
The supplement addresses shareholder concerns about margin accounts and timing of share purchases for warrant eligibility.
Enovix Corporation (Nasdaq: ENVX), a leader in advanced silicon battery technology, has appointed Srikanth Kethu as Head of Enovix India, effective July 14, 2025. With over 23 years of experience in the automotive and industrial sectors, Kethu will oversee the company's Hyderabad R&D center and support the ramp-up of its high-volume manufacturing facility in Malaysia.
Kethu's extensive background includes leadership roles at ZF, Mercedes-Benz, and BMW. Under his leadership, the Hyderabad R&D center will expand its focus on core cell and pack design, advanced manufacturing, and reliability testing. The appointment aligns with Enovix's strategy to leverage India's engineering talent pool and strengthen its position as a leading R&D hub in the region.
Enovix (Nasdaq: ENVX) has announced a special warrant dividend for stockholders of record as of July 17, 2025. Shareholders will receive one warrant for every seven shares held, with each warrant allowing the purchase of one common share at $8.75. The warrants, expected to trade under ticker ENVXW, could potentially raise up to $253.8 million in gross proceeds.
The distribution follows Enovix's launch of the AI-1™ platform, their new silicon-anode smartphone battery technology. The warrants will expire on October 1, 2026, unless an early expiration is triggered by the stock's VWAP exceeding $10.50 for 20 out of 30 consecutive trading days. Convertible note holders will also receive warrants on a pass-through basis.
Enovix (Nasdaq: ENVX) has launched AI-1™, a groundbreaking silicon-anode smartphone battery platform, shipping its first 7,350 mAh batteries to a leading smartphone OEM. The battery achieves over 900 Wh/L energy density, making it the highest commercially available, protected by 190 patents.
Key features include fast charging capabilities (20% in 5 minutes, 50% in 15 minutes), 900+ cycles in standard smartphone usage, and enhanced discharge capability for AI applications. The technology represents a significant advancement in battery technology, particularly for AI-enabled smartphones requiring higher energy storage and power for local AI processing.
With over $200 million in cash reserves and production facilities in Malaysia, Enovix plans broader availability later in 2025. The company has successfully transitioned from wearable batteries to the larger 1.2-billion unit smartphone market.
Enovix (NASDAQ: ENVX), a global high-performance battery company, reported strong preliminary Q2 2025 financial results. Revenue reached $7.5 million, exceeding guidance of $4.5-6.5 million and showing a 98% year-over-year increase. The company achieved its third consecutive quarter of positive gross profit, with GAAP gross profit of $0.8 million and non-GAAP gross profit of $1.2 million.
The company reported a GAAP operating loss of $43.8 million and non-GAAP operating loss of $27.8 million, beating guidance. Adjusted EBITDA loss narrowed to $21.4 million, ahead of guidance. Cash position remained strong at $203 million after completing the SolarEdge asset acquisition in South Korea and Fab2-related capital expenditures.
Enovix (Nasdaq: ENVX), a global high-performance battery company, has announced a $60 million share repurchase program authorized by its Board of Directors. The program, effective from June 30, 2025 through December 31, 2026, allows the company to repurchase its outstanding common stock through various means including open-market and privately negotiated transactions.
The initiative aims to enhance capital structure flexibility and respond to market volatility while returning value to shareholders. CFO Ryan Benton emphasized that this program reflects confidence in the company's long-term fundamentals and their 100% silicon-anode battery technology.
Enovix reported Q1 2025 financial results with revenue of $5.1 million, meeting guidance expectations. The battery technology company maintained a strong cash position of $248.2 million while advancing key strategic initiatives.
Key highlights include:
- Achieved ISO 9001:2015 certification for Fab2 facility in Malaysia
- Acquired SolarEdge assets in South Korea for $10 million
- Progressed smartphone battery development with lead customer
- Delivered XR battery samples for customer testing
- Posted positive gross margin for second consecutive quarter
Q2 2025 outlook projects revenue between $4.5-6.5 million. The company is focusing on mass production readiness and commercialization of its silicon-based battery technology, particularly in the smartphone sector. Management reports their battery architecture maintains a significant energy density advantage over competitors, with future generations expected to deliver 30% higher capacity than current premium solutions.
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