Enovix distributes dividend of warrants to stockholders

Enovix (ENVX) Corporation announced that it will distribute warrants to purchase Enovix common stock to its shareholders and certain convertible noteholders on Monday, July 21, in accordance with the previously declared shareholder warrant dividend. As previously announced, each stockholder of record as of July 17 will receive one Warrant for every seven shares of Enovix common stock held, rounded down to the nearest whole Warrant.