Enovix Corp (ENVX) Form 8-K — Aug 17, 2026
Enovix announced that President, CEO, and director Raj Talluri resigned effective August 13, 2026 to pursue another opportunity, with the filing stating the resignation was not the result of any disagreement over operations, policies, or practices. The board appointed CFO Ryan Benton as interim CEO and elevated chairman and largest shareholder T.J. Rodgers to executive chairman while it conducts a search for a permanent CEO covering both external and internal candidates. Alongside the transition, the company reaffirmed its third quarter 2026 financial guidance originally provided on August 12, 2026.
Key figures
- Guidance
- Q3 2026 financial guidance reaffirmed as provided on August 12, 2026 (specific figures not restated in this filing)
- Interim ceo age
- 55
- R and d group headcount
- 80
- Silicon anode content shipped
- 100%
- Battery cycle life demonstrated
- 1,000 cycles on AI-class smartphone batteries
- Defense drone revenue share q2 2026
- 65% of Q2'26 revenue
- Competitor max silicon anode content claimed
- 32%
Price after filing
Close on the filing date to close N calendar days later (from $3.60). Historical, not a forecast.
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