secwatch / observer

Enovix Corp — fact timeline

Source-grounded facts extracted from Enovix Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ENVX Enovix Corp JSON

Michael Vyvoda was appointed as Chief Operating Officer at Enovix Corp.

“On July 9, 2026, Enovix Corporation (the “Company”) announced that it is appointing Dr. Michael Vyvoda as Chief Operating Officer of the Company, effective July 29, 2026 (the “Effective Date”).”
Shareholder Votes

Enovix Corp shareholders approved Ratification of Appointment of Independent Registered Accounting Firm for Fiscal Year 2025 at the 2026-06-11 meeting.

“Proposal 3 – Ratification of Appointment of Independent Registered Accounting Firm for Fiscal Year 2025 Stockholders approved the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 3, 2027.”
Shareholder Votes

Enovix Corp shareholders approved Compensation of Our Named Executive Officers at the 2026-06-11 meeting.

“Proposal 2 – Compensation of Our Named Executive Officers Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement.”
Shareholder Votes

Enovix Corp shareholders approved Election of Directors at the 2026-06-11 meeting.

“Proposal 1 – Election of Directors Stockholders approved the election of each of the Company’s eight (8) directors to serve for a one-year term until the Company’s 2027 Annual Meeting of Stockholders.”
Earnings Releases

Enovix Corp reported first quarter of 2026 results: revenue $7.6 million.

“building the commercial infrastructure needed for scaled revenue growth. 2 First Quarter 2026 Financial Results (in millions, except percentages) • First quarter 2026 revenue of $7.6 million exceeded the high end of the Company’s guidance range and”
Equity Issuances

Enovix Corp issued Initially, a maximum of 39,344,256 shares of the Company’s Common Stock may be issued upon conversion of the Notes based on the initial maximum conversion rate of convertible note to initial purchasers for $360 million aggregate principal amount of 4.75% Convertible Senior Notes due 2030.

“accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. Indenture and Notes On September 10, 2025, Enovix Corporation (the “ Company ”) completed its previously announced private offering (the “ Offering ”) of $360 million aggregate principal amount of 4.75% Convertible Senior”

Ryan Benton was appointed as Chief Financial Officer at Enovix Corp.

“On April 17, 2025, Enovix Corporation (the “Company”) announced that Ryan Benton had been appointed as Chief Financial Officer (“CFO”) of the Company.”

Kristina Truong was appointed as Senior Vice President and Chief Accounting Officer at Enovix Corp.

“On December 30, 2024, Enovix Corporation (the “Company”) appointed Kristina Truong as Senior Vice President and Chief Accounting Officer.”
Earnings Releases

Enovix Corp reported first fiscal quarter ended March 31, 2024 results: revenue $5.3 million.

“collaborating with leading customers ahead of shipping first samples of our breakthrough EX-1M battery. Our recent highlights include: • Strong top-line growth: Revenue of $5.3 million in the first quarter of 2024, up from $21,000 in the first quarter of 2023 and above our forecast of $3.5 million to $4.5 million due to outperformance from batteries sold to IoT”
Earnings Releases

Enovix Corp reported the fourth fiscal quarter and full year 2023 results: revenue Revenue of $7.4 million in the fourth quarter of 2023, up from $1.1 million in the fourth quarter of 2022 and $0.2 milli.

“On February 20, 2024, Enovix Corporation issued a press release announcing the release of its financial results for the fourth fiscal quarter and full year 2023.”
Earnings Releases

Enovix Corp reported financial results for third fiscal quarter ended October 1, 2023.

“On November 7, 2023, Enovix Corporation issued a press release announcing the release of its financial results for the third fiscal quarter ended October 1, 2023.”
Earnings Releases

Enovix Corp reported third quarter of 2023 results: revenue approximately $200,000 of total revenue.

“Enovix did produce enough custom cells in the third quarter, primarily for the U.S. Army program, that it expects to recognize approximately $200,000 of total revenue.”

Emmanuel T. Hernandez retired as Director at Enovix Corp.

“Emmanuel T. Hernandez will retire from the Board effective September 30, 2023.”
Material Agreements

Enovix Corp entered into Stock Purchase Agreement with Rene Limited valued at cash consideration up to approximately $16,500,000 and 6,183,862 shares of Common Stock (effective 2023-09-18).

“On September 18, 2023, Enovix Corporation (“Enovix”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Rene Limited, a corporation incorporated under the laws of Korea (the “Seller”).”
Debt Financings

Enovix Corp incurred guarantee of up to $70 million with OCBC Bank (Malaysia) Berhad.

“for Enovix products. On July 13, 2023, OCBC and OSSB entered into a Letter Offer (the “Loan Agreement”), pursuant to which OCBC provided an offer of a loan to OSSB for up to $70 million (the “Loan”) to finance manufacturing operations under the Manufacturing Agreement. Enovix entered into the Deposit Agreement with OCBC on September 13, 2023 to collateralize the”
Earnings Releases

Enovix Corp reported financial results for the second quarter of 2023.

“Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the second quarter of 2023”
Material Agreements

Enovix Corp entered into Agreement with YBS International Berhad (including its wholly owned subsidiary, Orifast Solution Sdn Bhd) valued at $100 million (effective 2023-07-26).

“On July 26, 2023, Enovix Corporation and its subsidiary in Malaysia, Enovix Malaysia SDN. BHD. (together, “Enovix”) entered into a manufacturing agreement (the “Agreement”) with YBS International Berhad (“YBS”), a Malaysian corporation, including its wholly owned subsidiary, Orifast Solution Sdn Bhd.”

Farhan Ahmad was appointed as Chief Financial Officer at Enovix Corp.

“Mr. Pietzke’s successor, Farhan Ahmad, had been appointed Chief Financial Officer of the Company.”

Steffen Pietzke resigned as Chief Financial Officer at Enovix Corp.

“Steffen Pietzke will resign as Chief Financial Officer of Enovix Corporation (the “Company”), effective as of July 9, 2023.”

Bernard Gutmann was appointed as Director at Enovix Corp.

“On June 22, 2023, the Board of Directors (the “Board”) of Enovix Corporation (the “Company”) approved an increase in the total authorized number of members of the Board to eight directors and appointed Joseph Malchow and Bernard Gutmann (together, the “New Directors”) to fill the newly created vacancies as directors whose terms will expire at the Company’s 2024 annual meeting of stockholders.”

Joseph Malchow was appointed as Director at Enovix Corp.

“On June 22, 2023, the Board of Directors (the “Board”) of Enovix Corporation (the “Company”) approved an increase in the total authorized number of members of the Board to eight directors and appointed Joseph Malchow and Bernard Gutmann (together, the “New Directors”) to fill the newly created vacancies as directors whose terms will expire at the Company’s 2024 annual meeting of stockholders.”
Shareholder Votes

Enovix Corp shareholders approved Ratification of Appointment of Independent Registered Accounting Firm for Fiscal Year 2023 at the 2023-06-15 meeting.

“Proposal 4 – Ratification of Appointment of Independent Registered Accounting Firm for Fiscal Year 2023 Stockholders approved the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of the voting were as follows: Voting Result For Against Abstain Approved 102,741,074 204,604 313,167”
Shareholder Votes

Enovix Corp shareholders voted on Frequency of Future Stockholder Advisory Votes on the Compensation of Our Named Executive Officers at the 2023-06-15 meeting.

“Proposal 3 – Frequency of Future Stockholder Advisory Votes on the Compensation of Our Named Executive Officers Stockholders approved, on an advisory basis, holding future stockholder advisory votes on the compensation of the Company’s named executive officers every “one year.” The results of the voting were as follows: One Year Two Years Three Years Abstain Broker Non-Votes 61,994,726 226,110 504,147 200,266 40,333,596”
Shareholder Votes

Enovix Corp shareholders approved Compensation of Our Named Executive Officers at the 2023-06-15 meeting.

“Proposal 2 – Compensation of Our Named Executive Officers Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. The results of the voting were as follows: Voting Result For Against Abstain Broker Non-Votes Approved 57,996,678 4,642,442 286,129 40,333,596”
Shareholder Votes

Enovix Corp shareholders approved Election of Directors at the 2023-06-15 meeting.

“Proposal 1 – Election of Directors Stockholders approved the election of each of the Company’s six (6) directors to serve for a one-year term until the Company’s 2024 Annual Meeting of Stockholders. The results of the voting were as follows: Nominee Voting Result For Withheld Broker Non-Votes Thurman J. “T.J.” Rodgers Approved 59,627,686 3,297,563 40,333,596 Betsy Atkins Approved 50,873,521 12,051,728 40,333,596 Pegah Ebrahimi Approved 50,693,285 12,231,964 40,333,596 Emmanuel T. Hernandez Approved 62,070,232 855,017 40,333,596 Gregory Reichow Approved 61,705,200 1,220,049 40,333,596 Dr. Raj Talluri Approved 62,246,710 678,539 40,333,596”
Earnings Releases

Enovix Corp reported the first fiscal quarter ended April 2, 2023 results: revenue $21,000, net income $73.6 million, EPS $0.20 per share.

“First quarter total revenue was $21,000 which consisted entirely of product revenue from shipping 3,000 new qual samples, which for the first time, fulfills our sample backlog, at least for wearables. Our non-GAAP cost of revenue of $11.3 million in Q1 2023 was up from $9.6 million in Q4 2022, while Non-GAAP Q1 2023 operating expenses of $22.8 million were down from $23.5 million in Q4 2022. Our first quarter GAAP loss of $73.6 million was driven by 1) stock-based compensation expenses of $29.2 million, up from $8.3 million in Q4 2022, due to one-time charges associated with recent management changes and 2) a $12.8 million loss from the quarterly change in the fair value of our private placement warrant liability. On a non-GAAP basis, our first quarter net loss was $31.6 million or a fully diluted loss of $0.20 per share.”
Earnings Releases

Enovix Corp reported financial results for fourth fiscal quarter and fiscal year ended January 1, 2023.

“On February 22, 2023, Enovix Corporation released its financial results for the fourth fiscal quarter and fiscal year ended January 1, 2023”

Cameron Dales resigned as General Manager and Chief Commercial Officer at Enovix Corp.

“Cameron Dales determined that he will resign as the Company’s General Manager and Chief Commercial Officer, effective as of February 1, 2023”

Ashok Lahiri retired as Chief Technology Officer at Enovix Corp.

“Ashok Lahiri determined that he will retire as Chief Technology Officer of Enovix Corporation (the “Company”), effective as of February 1, 2023”

John D. McCranie resigned as Director at Enovix Corp.

“On January 17, 2023, John D. McCranie, a member of the Board of Directors (the “Board”) of Enovix Corporation (the “Company”), provided notice of his resignation as a member of the Board, effective as of January 20, 2023.”

Raj Talluri was appointed as President and Chief Executive Officer at Enovix Corp.

“Mr. Rust determined that he would retire as President and Chief Executive Officer of the Company and as a member of the Board effective as of the date of Dr. Talluri’s appointment to each such position.”

Harrold Rust resigned as President and Chief Executive Officer at Enovix Corp.

“Mr. Rust determined that he would retire as President and Chief Executive Officer of the Company and as a member of the Board effective as of the date of Dr. Talluri’s appointment to each such position.”

Raj Talluri was appointed as President and Chief Executive Officer at Enovix Corp.

“On December 29, 2022, the Company announced that Mr. Rust’s successor, Dr. Raj Talluri, had been appointed President and Chief Executive Officer of the Company.”

Harrold Rust departed as President and Chief Executive Officer at Enovix Corp.

“On December 23, 2022, Harrold Rust determined that he will retire as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”) of Enovix Corporation (the “Company”), effective as of the date of his successor’s appointment to each such position.”

Ajay Marathe was appointed as Chief Operating Officer at Enovix Corp.

“On November 10, 2022, Enovix Corporation (the “Company”) announced the appointment of Ajay Marathe as Chief Operating Officer of the Company.”

T.J. Rodgers was appointed as Executive Chairman at Enovix Corp.

“On November 4, 2022, the Board of Directors (the “Board”) of Enovix Corporation (the “Company” or “Enovix”) appointed Thurman J. “T.J.” Rodgers to serve as Executive Chairman of the Board, effective immediately.”
Earnings Releases

Enovix Corp reported financial results for the third fiscal quarter ended October 2, 2022.

“On November 1, 2022, Enovix Corporation released its financial results for the third fiscal quarter ended October 2, 2022, by posting its Third Quarter 2022 Update, a letter to its shareholders, on its website.”

Michael J. Petrick resigned as Director at Enovix Corp.

“On November 30, 2021, Michael J. Petrick, a member of the Board of Directors (the “ Board ”) of Enovix Corporation (the “ Company ”), provided notice of his resignation as a member of the Board, effective as of November 30, 2021.”

Pegah Ebrahimi was appointed as Director at Enovix Corp.

“elected Pegah Ebrahimi to fill one of the newly created vacancies as a director”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.