Enovix Declares Special Dividend Of One Warrant For Every Four Shares Of Common Stock Held As Of Record Date November 13; Repurchases $100M Of Its 2030 Notes For ~$63.1M
Stockholders will receive one (1) warrant for every four (4) shares of common stock held, rounded down to the nearest whole warrant. In addition, holders of the Company’s 3.00% Convertible Senior Notes due 2028 (the
Enovix is giving shareholders extra tickets called warrants to buy stock later. The company also bought back some of its debt cheaper than expected.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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