---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-25-000252"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:31:20.016333+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Enovix issues supplemental FAQ on warrant dividend; warns margin-account holders may miss exercisable warrants

## Summary
- Record date July 17, 2025; distribution date on/about July 21, 2025; one warrant per 7 shares held.
- Approx. 29M warrants to be issued; exercise price $8.75; warrants expected to trade under ENVXW.
- Early expiration trigger: VWAP >= $10.50 for 20 of 30 trading days; otherwise expire Oct 1, 2026.
- Shares held in margin accounts may be loaned out; holders must transfer to cash account by record date to receive actual exercisable warrants.
- Non-U.S. shareholders eligible; call option holders not entitled; last day to buy shares for warrant eligibility is July 16, 2025.

## SEC filing metadata
- accession: 0001828318-25-000252
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000252/0001828318-25-000252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000252/envx-20250715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-25-000252
- JSON: https://secwatch.observer/filing/0001828318-25-000252.json
- Plain text: https://secwatch.observer/filing/0001828318-25-000252.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.