August 15, 2025 · Form 4 insider transaction
Malchow Joseph Ian sold 58,437 shares of Enovix Corporation at $1.70 per share, a transaction worth $99.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 7 days after the transaction.
This Form 4 relates to sales of publicly-traded warrants (the "Warrants") previously distributed to the Reporting Person. The Warrants were distributed by the Issuer on July 21, 2025 at no cost to the Reporting Person, and each Warrant entitles the holder to purchase one share of common stock at an exercise price of $8.75 per share in accordance with the Warrant Agreement dated July 21, 2025 between the Issuer and Computershare Trust Company N.A., as warrant agent (the "Warrant Agreement").; The Warrants were sold on August 15, 2025 in the public market and at the prevailing market price.; The Warrants will expire and cease to be exercisable at 5:00 p.m. New York City time on October 1, 2026 (the Expiration Date). The Expiration Date is subject to automatic acceleration upon satisfaction of the early expiration price condition (as defined in the Warrant Agreement) and subject to the other terms of the Warrant Agreement.