NetworkNewsBreaks – Enovix Corp. (NASDAQ: ENVX) Announces Pricing on Convertible Senior Notes
Enovix Corporation (NASDAQ: ENVX), an advanced silicon battery company, announced the pricing of $150 million aggregate principal amount of 3% Convertible Senior Notes. The notes ar due 2028 in a private placement to persons reasonably believed to be qualified institutional buyers according to regulations. Specifically, the announcement noted that an entity affiliated with Enovix chair Thurman J. Rodgers has agreed to purchase $10 million aggregate principal amount of the notes in the concurrent private placement; In addition, an entity affiliated with Kleiner Perkins chair John Doerr has agreed to purchase an additional $10 million aggregate principal amount of the notes…







