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Enovix Stock Tumbles After Hours: What To Know
Enovix Enovix (US:ENVX) Benzinga·2025-09-11 05:15

Enovix Corp. ENVX shares fell in Wednesday’s extended trading after the company announced its intent to offer 300millionaggregateprincipalamountofconvertibleseniornotesdue2030.TheDetails:Enovixalsosaiditwillgranttheinitialpurchasersofthenotesanoptiontopurchaseuptoanadditional300 million aggregate principal amount of convertible senior notes due 2030. The Details: Enovix also said it will grant the initial purchasers of the notes an option to purchase up to an additional 60 million aggregate principal amount. Read Next: Oracle Stock Rockets On $455 Billion Revenue Pipeline: Here’s What Wall Street Is Buzzing AboutThe company expects to use a portion of the net proceeds ...