Enovix prices $100M public offering of 10.4M shares at $9.22/share

Enovix Corp

Gross proceeds of $100M from 10,416,667 shares at $9.22 per share; underwriter option for 1,562,500 additional shares.
Offering expected to close on November 1, 2024, with Cantor Fitzgerald as sole bookrunner.
Net proceeds will fund general corporate purposes, working capital, and Fab2 high-volume manufacturing in Penang, Malaysia.
Shelf registration statement on Form S-3 declared effective August 18, 2023; prospectus supplement filed with SEC.

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