Enovix (ENVX) completed a secondary equity offering. On Friday November 1, the Company received approximately $96M net of fees related to the transaction. As a result, the Company now expects to close 2024 with cash levels of approximately $245M, compared to the prior expectation of $150M.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENVX: