---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-25-000264"
form_type: "8-K"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T05:15:15.870685+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Enovix distributes warrant dividend: 1 warrant per 7 shares, exercise $8.75, early expiration if stock >$10.50

## Summary
- Record date July 17, 2025; distribution date July 21, 2025; one warrant per seven shares held, rounded down.
- Each warrant exercisable at $8.75 per share; expires Oct 1, 2026, but early expiration triggered if VWAP ≥ $10.50 for 20 of 30 trading days.
- Stock closed at $15.54 on July 18 – if VWAP stays above $10.50, warrants could expire as early as Aug 19, 2025.
- Warrants to trade on Nasdaq under ENVXW starting July 22; up to ~29.2M shares reserved upon exercise.
- Holders of 3.00% Convertible Notes due 2028 also receive warrants on same ratio (9.1543 per $1,000 face).

## SEC filing metadata
- accession: 0001828318-25-000264
- form_type: 8-K
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2025-07-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000264/0001828318-25-000264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831825000264/envx-20250721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-25-000264
- JSON: https://secwatch.observer/filing/0001828318-25-000264.json
- Plain text: https://secwatch.observer/filing/0001828318-25-000264.txt

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