Welcome to our dedicated page for Enovix Corporation news (Ticker: ENVXW), a resource for investors and traders seeking the latest updates and insights on Enovix Corporation stock.
ENVXW is the historical warrant ticker for Enovix Corporation, a Nasdaq-listed battery technology company focused on advanced lithium-ion and silicon-anode cells. News related to ENVXW is closely tied to Enovix’s corporate actions, capital markets activity and technology milestones, since the warrants were issued as part of a warrant dividend program connected to Enovix common stock.
On this page, readers can explore news that explains how the ENVXW warrants were created, how they traded, and how they ultimately expired. Company announcements describe the distribution of the warrants, the price-based triggers for early expiration, and the election of an alternate expiration date once volume-weighted average price conditions for Enovix common stock were met. Subsequent updates detail the number of warrants exercised, gross proceeds raised for Enovix, and the final expiration of unexercised warrants.
Because ENVXW is linked to Enovix, the news flow also reflects broader developments at the underlying company. Press releases highlight Enovix’s work on high-performance batteries, including independent testing of its AI-1 smartphone battery, which was validated by a third-party lab as achieving 935 Wh/L volumetric energy density and outperforming a leading commercially available silicon-doped smartphone battery tested under the same conditions. Other items cover financial results, investor events, recognition on technology award lists, and a convertible senior notes offering.
Investors and researchers can use the ENVXW news archive to understand the timeline of the warrant dividend program, the associated capital raised, and how these actions fit into Enovix’s broader strategy to scale manufacturing and commercialize its silicon-anode battery technology. Regularly reviewing this news history can provide context on how the warrant program interacted with Enovix’s technology, financing and market positioning.
Enovix Corporation (Nasdaq: ENVX, ENVXW), a leader in 3D Silicon™ Lithium-ion batteries, is participating in two key investor conferences this January. The first is the J.P. Morgan 20th Annual Tech/Auto Forum on January 5, 2022, at 5:10 PM ET, followed by the 24th Annual Needham Growth Conference on January 12, 2022, at 5:00 PM ET. Both events will be held virtually with live webcasts available on Enovix's website. The company focuses on advanced silicon-anode battery technology aimed at enhancing mobile devices and electric vehicles.
Enovix Corporation (Nasdaq: ENVX, ENVXW) will participate in Pepcom’s Digital Experience! and the Consumer Electronics Show (CES) in January 2022. The company’s 3D Silicon™ Lithium-ion batteries were recognized as a CES 2022 Innovation Awards Honoree, standing out among over 1,800 submissions. These batteries are designed to deliver up to double the energy density of standard lithium-ion batteries, crucial for premium consumer electronics. Enovix aims to revolutionize battery design with its advanced 3D cell architecture and silicon anode technology.
Enovix Corporation (Nasdaq: ENVX, ENVXW) announced that holders of its public warrants can exercise them until 5:00 p.m. on January 7, 2022, at $11.50 per share. The company achieved a significant share price target of $18.00 on December 2, 2021, enabling it to redeem outstanding public warrants. If not exercised by the deadline, remaining warrants will become void, with holders receiving $0.01 per warrant. Enovix has 11,499,991 public warrants, and exercising them could yield approximately $132.25 million in gross proceeds.
Enovix Corporation (Nasdaq: ENVX, ENVXW) announced its executives will present at the 21st Advanced Automotive Battery Conference in San Diego on December 7, 2021, focusing on the Company's Electric Vehicle (EV) program. Key updates include promising battery performance from a U.S. Department of Energy grant, enhanced energy density, and fast charge capability compared to current EV batteries. The proprietary 3D silicon cell architecture aims to double energy density compared to conventional batteries, supporting advancements in mobile devices and EVs.
Enovix Corporation (Nasdaq: ENVX, ENVXW) will present at the Raymond James 2021 Technology Investors Conference on December 6, 2021, at 1:20 PM Eastern Time. The event will be accessible via a live webcast on Enovix's website, with a replay available for one year. In addition to the presentation, Enovix management will hold one-on-one meetings with institutional investors at the conference. Enovix specializes in advanced silicon-anode lithium-ion batteries, enhancing energy density and cycle life, and is establishing a production facility in the U.S.
Enovix Corporation (Nasdaq: ENVX, ENVXW) announced its participation in the 21st Advanced Automotive Battery Conference in San Diego on December 7, 2021. CTO Ashok Lahiri will discuss the company's innovative 3D Silicon Lithium-Ion Battery technology that utilizes a 100% active silicon anode. This technology addresses traditional silicon battery challenges. Enovix aims to improve energy density, supporting mobile devices and future electric vehicle applications.
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Enovix Corporation (Nasdaq: ENVX, ENVXW) has appointed Pegah Ebrahimi to its Board of Directors. Ebrahimi is a seasoned technology executive with significant experience in mobile, cloud, and AI sectors. She previously served as COO at Cisco and Morgan Stanley, bringing valuable insights into how Enovix's advanced battery technologies can drive future innovations. Ebrahimi expressed excitement about Enovix's potential as a disruptor in the battery industry, particularly in meeting the demand for renewable energy solutions.
Enovix Corporation (Nasdaq: ENVX, ENVXW) recently released its quarterly shareholder letter, detailing financial results for Q3 2021, which ended on October 3. The company reported significant advancements in technology and production, highlighted by the production of its first battery cells on an automated production line. CEO Harrold Rust noted robust demand for their batteries and plans to move into volume production early next year. An investor presentation is available on the company's website, alongside a conference call scheduled for today to discuss these results.
Enovix Corporation (NASDAQ: ENVX, ENVXW) announced it will release its third-quarter fiscal 2021 financial results on November 8, 2021, after market close. A conference call is scheduled for the same day at 2:00 PM PT/5:00 PM ET to discuss the results. The company will provide a Letter to Shareholders with financial results and management commentary on its investor relations website. Enovix focuses on advanced silicon-anode lithium-ion battery development and is building a production facility in the U.S. to meet growing demand in mobile devices and electric vehicles.
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