$Enovix (ENVX.US)$ Updates from firechat: 1. We are very soo...
Updates from firechat:
1. We are very soon to annouce an agreement with another phone OEM.
2. By end of this year, agility yield will ne more than 90%.
3. We are going to make a large cell on high-volume line by end of this year.
4. We have enough cash to completely pay for Line 1, we have runway until 2026.
5. We have support from the Malaysian Governmemt to get funding, and they are currently talking to some customers who are interested.
6. I need some liquidity to purchase a house in the Bay Area. I need some liquidity because the houses here are expensive. However, I canceled my 10b-5, so I am not selling stocks.
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In the midst of chaos, there is also opportunity - The Art of War
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