[144] Navitas Semiconductor Corporation SEC Filing

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

Securities Analyst

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.

Corporate Governance Expert

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.

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	500000	3060000	213107277	08/27/2025	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
Brian Long c/o Navitas Semiconductor Corporation 3520 Challenger Street Torrance CA 90503	Class A Common Stock, par value $0.0001 per share	06/05/2025	31460	214871.8
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
Atlantic Bridge III LP 22 Fitzwilliam Square Dublin L2 D02 FH68	Class A Common Stock, par value $0.0001 per share	06/04/2025	2955509	19540462.19

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 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.