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.