StocksMedium•28 October 2026•
1 min read
Enovix Announces Special Warrant Dividend for Stockholders
Key Facts
1Enovix Board of Directors declared a special dividend of one warrant for every four shares of common stock held.
2The record date for stockholders and holders of convertible senior notes is set for November 13, 2026.
The Enovix Corporation Board of Directors declared a special dividend consisting of one warrant for every four shares of common stock held. GlobeNewswire reported that the record date for stockholders and holders of convertible senior notes is set for November 13, 2026, as the company seeks to preserve proportionate ownership across its fully-diluted share base and reward existing stakeholders.
ENVX closed at $3.35 on October 27, 2026, prior to the warrant distribution announcement. This corporate action follows a period of growth for the company, which reported preliminary third-quarter 2026 revenue of $11.0 million, marking a 38% increase year-over-year and exceeding its previous guidance range of $9 million to $10 million.