Enovix Corporation - Common Stock (ENVX)

Enovix Corporation ("Enovix" or the "Company") investors who lost money may have claims to recover their losses. The Law Offices of Frank R. Cruz today announced it is investigating potential securities fraud claims on behalf of investors in Enovix Corporation (NASDAQ: ENVX), examining whether the Company may have violated the federal securities laws. The investigation centers on the disclosure about Enovix Corporation on November 12, 2026.

Investors who lost money on Enovix Corporation ("Enovix" or the "Company") stock may have claims to recover their losses. Glancy Prongay Wolke & Rotter LLP ("Glancy") today announced a securities fraud investigation on behalf of Enovix Corporation (NASDAQ: ENVX) investors into whether the Company may have violated the federal securities laws.

New 2027 Revenue Guidance $65 Million to $85 Million$128 Million of 2030 Notes Retired Capturing a 36% DiscountRestructuring Lowers Annual Cost by $8.5 Million

FREMONT, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix” or the “Company,” Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced that it has completed the first phase of the cost reduction plan described to shareholders in August by Executive Chairman T.J. Rodgers. Over the past week, the Company rebalanced its world-wide deployment to put more focus on its South Korean operations, in both headcount and capital deployment, while reducing costs in the U.S., India and Malaysia. The change was a reduction of approximately 220 employee and contract-labor positions out of 946 with savings of $8.5 million per year.

FREMONT, Calif., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced that its Board of Directors has declared a special dividend of warrants to holders of the Company’s common stock as of the close of business on November 13, 2026 (the “Record Date”). Stockholders will receive one (1) warrant for every four (4) shares of common stock held, rounded down to the nearest whole warrant. In addition, holders of the Company’s 3.00% Convertible Senior Notes due 2028 (the “2028 Notes”) and 4.75% Convertible Senior Notes due 2030 (the “2030 Notes”) as of the Record Date will receive warrants on a pass-through basis, as provided under the applicable indentures, preserving proportionate ownership across the Company’s fully-diluted share base.

FREMONT, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced a purchase order from a multinational provider of dual-use drone systems. The initial order is for 100,000 battery units, with deliveries scheduled in the first half of 2027 as the customer scales its use of Enovix cells manufactured at the Company’s TAA-compliant, military-qualified facility in South Korea. Following successful initial deployment, the customer is expected to place follow-on orders for the program in the second half of 2027 and beyond.

Drone, Defense and Industrial Pipeline Grows to $216 MillionLeadership Team Realigned for Drone and Defense GrowthSteve Bakos Named as Our First Chief Revenue Officer

In-house Drone Battery Production Capacity to Double by Mid-2027

Expansion Leverages Existing Company-Owned South Korea Facility, With Added Capacity Expected in Mid-2027

A CEO Transition, Not a Strategy Transition Q3’26 Guidance Reaffirmed; ~$552 Million in Cash

Board Appoints CFO Ryan Benton as Interim CEO and T.J. Rodgers as Executive Chairman

Second Quarter Revenue of $9.0 Million, Up 21% Year-over-Year, at High End of Guidance; First Half 2026 Revenue of $16.6 Million, Up 32% Year-over-YearLead Smartphone Customer Confirms Passing More than 1,000 Cycles under the 0.2C Discharge Cycle Test1; Final Accelerated Cycle-Life Test for Smartphone Qualification Underway, with Completion Expected in 2026

FREMONT, Calif., July 22, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today announced it will report financial results for the second quarter of 2026 on Wednesday, August 12, 2026, after the close of the market.

Creates Unified Operations Organization Spanning Factory Floor to Customer Delivery as Enovix Scales High-Volume Production

FREMONT, Calif., May 18, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a leader in advanced lithium-ion battery technology, today announced its participation in the following investor events:

Enovix Begins Commercial Production of Silicon-Anode Smart Eyewear Battery Enovix Advances Toward Smartphone Qualification Completion

New silicon-specific testing framework aligned with lead smartphone customer

FREMONT, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today announced it will report financial results for the first quarter on Wednesday, May 13, 2026, after the close of the market.

Lead Smartphone Customer Qualification Progressing

Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

FREMONT, Calif., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced it will release financial results for the fourth quarter and full year 2025 on Wednesday, February 25, 2026, after the close of the market.

FREMONT, Calif., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a global high-performance battery company, today announced a leadership transition in its operations organization, including the planned retirement of its Chief Operating Officer, as the company prepares to commence mass production. The transition reflects Enovix’s focus on proven, high-volume battery manufacturing leadership as it moves toward sustained production for smartphone, smart eyewear, and defense applications. Enovix expressed its appreciation for Ajay Marathe’s leadership and service, including his role in helping establish the company’s manufacturing presence at Fab2 in Malaysia. The company is expanding the responsibilities of Senior Vice President Kihong (“KH”) Park and adding seasoned manufacturing leaders to accelerate a disciplined, repeatable ramp.

Side-by-side evaluation shows Enovix AI-1™ exceeds competitor energy density by 12% under identical test conditions

Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

FREMONT, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a global high-performance battery company, today announced its participation in the following investor events: