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NVTS Form 144 Filed for 500K Shares; June 2025 Insider Sales Listed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Navitas Semiconductor Corporation (NVTS) filed a Form 144 notifying a proposed sale of 500,000 shares of Class A common stock with an aggregate market value of $3,060,000, to be sold through Sparkasse Bank Malta Plc on or about 08/27/2025. The filing shows 213,107,277 shares outstanding. The shares to be sold were originally acquired on 10/19/2021 in a registered issuance tied to a business combination, totaling 8,866,500 shares received on that date. The filing also reports recent sales in June 2025 by Brian Long and Atlantic Bridge III LP, listing specific sale amounts and gross proceeds.

Positive

  • Disclosure completeness: The filing specifies broker, exact share count, aggregate market value, approximate sale date, and acquisition origin.
  • Acquisition history provided: Shows the securities were acquired in a registered issuance on 10/19/2021 (8,866,500 shares).

Negative

  • Recent sales reported: Multiple large dispositions in June 2025 by Atlantic Bridge III LP (3,955,559 total shares listed across three sales) and one by Brian Long (31,460 shares) reducing insider holdings.
  • Proposed sale increases available supply: A 500,000-share sale is scheduled, which may affect short-term market liquidity.

Insights

TL;DR: A Form 144 reports an upcoming 500,000-share sale and multiple insider/affiliate sales in June 2025, increasing available supply.

The filing provides clear details on the proposed trade: broker name, approximate sale date, number of shares and aggregate market value, and the origin of the securities as a registered issuance on 10/19/2021. It also discloses multiple June 2025 transactions by named sellers with amounts and gross proceeds, which are relevant to liquidity and short-term float considerations. The disclosure is thorough and allows investors to track potential share availability without relying on estimates.

TL;DR: The notice adheres to Rule 144 disclosure requirements with identified sellers and acquisition history.

The filer affirms no undisclosed material adverse information and provides acquisition details showing the securities originated from a registered issuance related to a business combination. The filing names the person for whose account the sale is proposed and lists recent dispositions by Brian Long and Atlantic Bridge III LP, supporting transparency around insider or affiliate liquidity events. The certification language and signature notice are present as required.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Navitas (NVTS) report on this Form 144?

The filing notifies a proposed sale of 500,000 Class A shares (aggregate value $3,060,000) to be sold around 08/27/2025 through Sparkasse Bank Malta Plc.

Who originally acquired the shares being sold and when?

The securities were acquired on 10/19/2021 via a registered issuance in a business combination totaling 8,866,500 shares on that date.

Which parties sold shares in the past three months according to the filing?

The filing lists sales by Brian Long (31,460 shares on 06/05/2025) and Atlantic Bridge III LP (sales on 06/04/2025, 06/11/2025, 06/12/2025 totaling listed amounts).

What broker is handling the proposed sale?

The proposed sale lists Sparkasse Bank Malta Plc as the broker with an address in Sliema, Malta.

How many shares are outstanding according to the filing?

The Form 144 reports 213,107,277 shares outstanding for Navitas' Class A common stock.
Navitas Semiconductor Corp

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