Navitas Semiconductor Corp (NVTS) completed its acquisition of Claros, Inc. on October 6, 2026, adding Claros’ integrated voltage regulator (IVR) technology to Navitas’ GaN and high-voltage and ultra-high-voltage SiC portfolio. Claros’ packaged and embedded IVR products support vertical and embedded power delivery architectures, moving power conversion closer to processors; its modular PowerArray architecture is designed to scale with processor power demands.
Navitas expects the acquisition to add at least $3.5 billion to its identified 2030 serviceable available market (SAM) and to more than double that SAM to over $8 billion. The company also cites an existing $3.5 billion SAM for GaN and HV/UHV SiC and approximately $1 billion from new JFET technology in describing its total opportunity. Navitas scheduled a webinar for October 20, 2026, to present Claros’ technology and its grid-to-xPU power-delivery strategy.
Navitas Semiconductor Corp (NVTS) filed an amended current report correcting the signing date of its Stock Purchase Agreement to September 18, 2026, and reiterating the terms of an equity investment in a semiconductor peer. Navitas agreed to purchase 1,461,988 shares of common stock of its counterparty at $3.42 per share, for an aggregate purchase price of $5,000,000. Closing is expected on or about September 24, 2026, subject to customary conditions. The counterparty is required to file a Form S-3 resale registration statement within 30 days after closing and to use commercially reasonable efforts to have it declared effective within 60 days, or 90 days if reviewed by the SEC. Until that resale registration is effective, the shares will be issued as unregistered securities in reliance on Section 4(a)(2) of the Securities Act or Rule 506 of Regulation D.
Navitas Semiconductor Corp (NVTS) entered into a Stock Purchase Agreement to buy common shares of another semiconductor company. Navitas agreed to purchase 1,461,988 shares of that company’s common stock at $3.42 per share, for an aggregate investment of $5,000,000.
The transaction is expected to close on or about September 24, 2026, subject to customary closing conditions. After closing, the issuer of the shares must file a registration statement on Form S-3 with the SEC within 30 days to cover the resale of these shares and use commercially reasonable efforts to have it declared effective within specified time frames.
The shares will initially be issued in a private placement relying on exemptions from registration under Section 4(a)(2) of the Securities Act or Rule 506 of Regulation D, with resale registration rights granted to Navitas under the agreement.
Navitas Semiconductor Corporation (NVTS) filed a Form S-4 to register up to 8,202,598 shares of Class A common stock to be issued as part of the acquisition of Claros, Inc. under an Agreement and Plan of Merger dated August 24, 2026. The registered shares consist of 6,912,729 Closing Shares issued at closing to eligible Claros securityholders and up to 1,289,869 Earnout Shares issuable upon achievement of specified business milestones during a two-year Earnout Period. The estimated aggregate purchase price is $232.8 million, including approximately $126.4 million in cash, approximately $89.7 million in stock at a reference share price of $12.97, and up to $16.7 million in additional stock-based earnout consideration. Navitas also plans to grant performance stock units with an approximate value of $28.9 million to certain Claros employees, payable in Class A shares upon achieving milestones. The deal is subject to customary conditions, including Hart-Scott-Rodino clearance and effectiveness of this registration, is not subject to Navitas stockholder approval, and Merger Sub 2 will not be a significant subsidiary. Navitas’ Class A common stock trades on Nasdaq Global Market under the symbol NVTS.
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4 filing submitted to the SEC.
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4 filing submitted to the SEC.
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4 filing submitted to the SEC.
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4 filing submitted to the SEC.
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4 filing submitted to the SEC.