Enovix Declares Warrant Dividend, Repurchases $100M of 2030 Notes
Enovix declared a special dividend of one warrant per four shares, exercisable at $3.00, and repurchased $100 million of 2030 notes for about $63.1 million. Warrants can be exercised in cash or with 2028 notes and are expected to trade on Nasdaq as ENVXW.
Enovix declared a special dividend of 1 warrant per 4 shares at a $3.00 exercise price, and repurchased $100M of 2030 notes for ~$63.1M. Warrants can be exercised in cash or with 2028 notes; expected to trade on Nasdaq as ENVXW.Material DetailsContext by AI AnalystThis extends Enovix’s 2025 warrant…