Enovix warrants early expiration triggered; final exercise Aug 29; $107.5M proceeds

Enovix Corp

VWAP exceeded $10.50 triggering early expiration; alternate expiration date set for Aug 29, 2025.
Warrants must be exercised by 5 p.m. ET on Aug 29; trading on Nasdaq ends at 4 p.m. ET.
Approximately 12.3M warrants exercised so far, generating ~$107.5M in gross proceeds.
Exercise price is $8.75 per warrant; each warrant buys one share of ENVX common stock.
Notice of Guaranteed Delivery available for holders who cannot complete exercise on time.

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