Navitas Semiconductor (NVTS) Form 144 Shows 750K Proposed Sale, 2.5M Recent Sales

Rhea-AI Filing Summary

Navitas Semiconductor Corporation (NVTS) Form 144 notifies a proposed Rule 144 sale of 750,000 shares of Class A common stock, to be sold through Sparkasse Bank Malta on 09/10/2025 on NASD. The filing shows the 750,000 shares were originally acquired on 10/19/2021 in a registered issuance linked to a business combination and that payment was recorded on that date. The notice also lists five prior sales by Atlantic Bridge III LP totaling approximately 2,503, shares with aggregate gross proceeds shown for each sale. The filer affirms no undisclosed material adverse information.

Positive

• None.

Negative

• Aggregate recent dispositions by Atlantic Bridge III LP total approximately 2,500,050 shares sold in the past three months, which increases available supply.
• Proposed sale of 750,000 shares under Rule 144 is scheduled, further adding to recent selling activity.

Insights

Securities Analyst

TL;DR: Holder plans a 750,000-share Rule 144 sale; recent related-party sales totaled ~2.5M shares.

The filing documents a proposed public sale under Rule 144 for 750,000 Class A shares via a broker and records the original acquisition as a registered issuance in a business combination on 10/19/2021. The schedule of prior disposals by Atlantic Bridge III LP shows multiple sales across June–September 2025 totaling roughly 2.5 million shares with stated gross proceeds, which investors may view as an increase in available float. All information is factual to the filing; there is no disclosure here about motives, contractual lock-ups, or price impact.

Corporate Governance Expert

TL;DR: Significant insider/affiliate dispositions are recorded; aggregated sales over recent months are notable.

The document records substantial dispositions by Atlantic Bridge III LP and a current proposed sale by the filer. Aggregate dispositions shown in the past three months amount to approximately 2.5 million shares; the new proposed sale of 750,000 shares adds to recent liquidity pressure. The filer also makes the required representation that no material nonpublic adverse information is known. The filing does not include any explanation of transfer restrictions, lock-up expirations, or whether these sales are pursuant to a distribution plan.

09/10/2025 - 09:23 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock, par value $0.0001 per share	Sparkasse Bank Malta Plc 101 Townsquare, Ix-Xatt ta' Qui-si-Sana Sliema O1 SLM3112	750000	4470000	213107277	09/10/2025	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock, par value $0.0001 per share	10/19/2021	Registered issuance in business combination transaction	Issuer			8866500	10/19/2021	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	09/09/2025	497700	2867647.86
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	09/05/2025	2300	13225
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	08/27/2025	500000	3026900
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	06/12/2025	1026277	8141147.56
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	06/11/2025	473773	3957744.39

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the NVTS Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 750,000 Class A shares to be executed via Sparkasse Bank Malta on 09/10/2025 on NASD under Rule 144.

Who originally acquired the 750,000 NVTS shares and when?

The shares were acquired on 10/19/2021 by registered issuance in a business combination transaction from the issuer, with payment recorded the same day.

How many NVTS shares were sold by Atlantic Bridge III LP in recent months?

The filing lists five sales by Atlantic Bridge III LP totaling approximately 2,500,050 shares with documented gross proceeds for each transaction.

Does the filer attest to any undisclosed material information about NVTS?

Yes. By signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.

Which broker is handling the proposed NVTS sale?

The proposed transaction lists Sparkasse Bank Malta Plc as the broker handling the sale.