Enovix Shareholder Reminder: Early Warrant Expiration Price Condition

FREMONT, Calif., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for nine trading days since the distribution of the warrants to purchase common stock (the “Warrants”), currently traded on Nasdaq under ENVXW. Today’s closing price for Enovix common stock was $10.71 per share, and the Warrants remain $1.96 in-the-money based on their $8.75 per share exercise price.

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