Navitas (NVTS) Form 144 Shows Recent Affiliate Sales and Proposed 455,596-Share Sale

Rhea-AI Filing Summary

Navitas Semiconductor Corporation (NVTS) Form 144 notice shows a proposed sale of 455,596 Class A common shares $2,583,229.32, scheduled approximately for 09/11/2025 through broker Sparkasse Bank Malta Plc. The filing reports the shares were acquired on 10/19/2021 in a registered issuance tied to a business combination, with 8,866,500 shares originally received on that date.

The filer discloses multiple recent sales by Atlantic Bridge III LP over the past three months, including transactions on 09/10/2025 (750,000 shares, $4,381,650) and 06/12/2025 (1,026,277 shares, $8,141,147.56), among others. Total outstanding Class A shares are reported as 213,107,277. The notice includes the signer’s representation that no undisclosed material adverse information exists.

Positive

• Compliance disclosure completed: Form 144 filed with broker, acquisition details, and recent sales disclosed
• Transaction transparency: Lists exact share counts, aggregate values, acquisition date, and outstanding shares

Negative

• Repeated insider/affiliate sales: Multiple large sales by Atlantic Bridge III LP in 2025 could increase share supply
• Potential market pressure: Proposed sale adds 455,596 shares to recent dispositions, which may be viewed negatively by some investors

Insights

Securities Analyst

TL;DR: Multiple secondary sales disclosed; proposed sale is modest relative to recent transactions but increases available float.

The filing documents a proposed sale of 455,596 Class A shares for $2.58 million and presents a pattern of recent dispositions by Atlantic Bridge III LP totaling multiple transactions in 2025. This indicates liquidity events by an existing holder and may modestly increase market supply in the short term. The shares to be sold were originally issued in a business combination on 10/19/2021, implying they are not open-market purchases. From an investor perspective, the notice is a routine compliance disclosure but is informative about insider/affiliate selling activity and recent realized proceeds.

Corporate Governance Expert

TL;DR: The filer complies with Rule 144 disclosure; recurring sales by a named LP merit monitoring for governance signals.

The Form 144 properly lists the broker, acquisition history, and recent sales by Atlantic Bridge III LP. Repeated sales by a related holder can reflect rebalancing or liquidity needs rather than governance failures, but stakeholders often view concentrated sell activity as a signal to review leadership incentives and ownership intentions. The filing’s statement asserting no undisclosed material adverse information is a standard attestation; no regulatory exceptions or plan adoption dates are presented here.

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	455596	2583229.32	213107277	09/11/2025	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	09/10/2025	750000	4381650
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 is the proposed sale in the NVTS Form 144?

The filer proposes to sell 455,596 Class A common shares with an aggregate market value of $2,583,229.32, approximately on 09/11/2025 via Sparkasse Bank Malta Plc.

When and how were the shares being sold acquired?

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

Who has sold shares of NVTS recently according to this filing?

Atlantic Bridge III LP is listed as selling shares on multiple dates in 2025, including 06/11/2025, 06/12/2025, 08/27/2025, 09/05/2025, 09/09/2025, and 09/10/2025 with several large transactions.

How many Class A shares are outstanding as reported?

The filing reports 213,107,277 Class A common shares outstanding.

Does the filer claim any undisclosed material adverse information?

By signing the notice, the person represents that they do not know of any material adverse information