Filing Details

Accession Number:
0000905718-21-000932
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-16 21:13:16
Reporting Period:
2021-07-14
Accepted Time:
2021-07-16 21:13:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1828318 Enovix Corp ENVX () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1386928 Park West Asset Management Llc 900 Larkspur Landing Circle, Suite 165
Larkspur CA 94939
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Acquisiton 2021-07-14 2,142,857 $14.00 6,442,857 No 4 P Indirect See Footnote
Common Stock, Par Value $0.0001 Acquisiton 2021-07-14 6,029,768 $0.00 12,472,625 No 4 J Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 J Indirect See Footnote
Footnotes
  1. The Reporting Person is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company ("PWIMF"), and Park West Partners International, Limited, a Cayman Islands exempted company ("PWPI"). Peter S. Park ("Mr. Park"), through one or more affiliated entities, is the controlling manager of the Reporting Person. On July 14, 2021, the date of the transaction reported in this report, PWIMF held 11,348,649 shares of common stock, par value $0.0001 ("Common Stock"), of Enovix Corporation (the "Issuer") and PWPI held 1,123,976 shares of Common Stock. The Reporting Person's and Mr. Park's beneficial ownership is limited to their pecuniary interest, if any, in such securities.
  2. On July 14, 2021, pursuant to an agreement and plan of merger (the "Merger Agreement") by and among Rodgers Silicon Valley Acquisition Corp. ("RSVA"), RSVAC Merger Sub Inc., a wholly-owned subsidiary of RSVA ("Merger Sub"), and Enovix Corporation ("Enovix"), the Issuer completed its initial business combination (the "Business Combination"). Pursuant to the Merger Agreement, Merger Sub merged with and into Enovix with Enovix surviving the merger as a wholly owned subsidiary of RSVA. As a result of the Business Combination, RSVA changed its name to Enovix Corporation. In connection with the consummation of the Business Combination, each share of Enovix Series P-2 Preferred Stock, par value $0.001 per share, held in the aggregate by PWIMF and PWPI was converted into an aggregate of 6,029,768 shares of the Issuer's Common Stock.