Navitas Semiconductor (NVTS) finishes ATM offering, sells 6.53M shares

Rhea-AI Filing Summary

Navitas Semiconductor Corporation disclosed that it has effectively completed sales under its at-the-market stock offering program. Under a Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC, the company could offer up to $125.0 million of Class A common stock through an at-the-market program.

As of May 12, 2026, Navitas has sold 6,529,666 shares of common stock, generating approximately $122.0 million in net proceeds after commissions and estimated offering expenses. Assuming all trades settle, the common stock registered under the related May 11, 2026 prospectus supplement has been fully sold.

Insights

Capital markets analyst

Navitas has effectively completed its $125.0 million ATM equity program, raising about $122.0 million net.

Navitas Semiconductor entered a Sales Agreement with Craig-Hallum and UBS to sell Class A common stock via an at-the-market program, allowing gradual issuance of shares into the market up to $125.0 million.

By May 12, 2026, the company had sold 6,529,666 shares, receiving approximately $122.0 million in net proceeds after commissions and estimated offering expenses. This adds cash to the balance sheet while increasing the share count, with overall impact depending on how the capital is used versus dilution.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

ATM program size: $125.0 million Net proceeds: $122.0 million Shares sold: 6,529,666 shares

3 metrics

ATM program size $125.0 million Maximum amount of common stock offered under ATM prospectus supplement

Net proceeds $122.0 million Net cash raised from ATM sales after commissions and estimated expenses

Shares sold 6,529,666 shares Total Class A common shares sold under ATM as of May 12, 2026

Key Terms

at the market offering, Sales Agreement, prospectus supplement, net proceeds

4 terms

at the market offering financial

"through an “at the market offering” program under which the Sales Agents will act"

An at-the-market offering is a way a company raises cash by selling newly issued shares directly into the open market at prevailing prices, rather than all at once in a single deal. Think of it like turning a faucet on to drip shares into trading at current prices when needed; it gives the company flexibility to raise funds over time but can dilute existing shareholders and potentially affect the stock price, which investors should monitor.

Sales Agreement financial

"entered into a Sales Agreement (the “Sales Agreement”) with Craig-Hallum Capital Group LLC"

A sales agreement is a written contract that sets out the terms for selling goods, services, or assets, specifying price, delivery, payment schedule and responsibilities of each side. For investors it matters because it creates a predictable stream of revenue or cash obligations, clarifies timing and risk, and can change a company’s value or forecasts much like a signed order turns a customer’s verbal intent into a firm commitment.

prospectus supplement financial

"Pursuant to the prospectus supplement filed by the Company on May 11, 2026"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

net proceeds financial

"net proceeds of approximately $122.0 million, net of commissions and estimated offering expenses"

The amount of money a company actually keeps from a sale or fundraising after paying all direct costs and fees, similar to take-home pay after taxes and deductions. Investors care because net proceeds determine how much cash is available for things that affect value—paying debt, funding projects, buying assets, or returning money to shareholders—so it influences future growth potential and financial health.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2026

Navitas Semiconductor Corporation

(Exact name of registrant as specified in its charter)

Delaware		001-39755		85-2560226
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3520 Challenger Street, Torrance, California		90503-1640
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (844) 654-2642

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share	NVTS	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01 Other Events.

On May 11, 2026, Navitas Semiconductor Corporation, a Delaware corporation (the “Company”), entered into a Sales Agreement (the “Sales Agreement”) with Craig-Hallum Capital Group LLC and UBS Securities LLC (together, the “Sales Agents”). The Sales Agreement provides for the offer and sale of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), from time to time through an “at the market offering” program under which the Sales Agents will act as sales agents or principals, subject to certain limitations. Pursuant to the prospectus supplement filed by the Company on May 11, 2026 (the “ATM Prospectus Supplement”), the Company may offer and sell up to $125.0 million of shares of Common Stock pursuant to the terms of the Sales Agreement.

As of May 12, 2026, the Company has sold 6,529,666 shares with net proceeds of approximately $122.0 million, net of commissions and estimated offering expenses, under the ATM Prospectus Supplement. Assuming that all trades settle, including trades that have been processed but not yet settled, the Common Stock registered pursuant to the ATM Prospectus Supplement has been fully sold.

This Current Report shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded with the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NAVITAS SEMICONDUCTOR CORPORATION
Dated: May 13, 2026
	By:	/s/ Chris Allexandre
		Chris Allexandre
		President and Chief Executive Officer

FAQ

What at-the-market offering did Navitas Semiconductor (NVTS) complete?

Navitas Semiconductor completed sales under an at-the-market equity program allowing it to offer Class A common stock. The program, supported by Craig-Hallum and UBS as sales agents, covered up to $125.0 million of shares under a May 11, 2026 prospectus supplement.

How much cash did Navitas Semiconductor (NVTS) raise through the ATM program?

Navitas raised approximately $122.0 million in net proceeds through its at-the-market stock program. This figure is after deducting commissions and estimated offering expenses from the sale of 6,529,666 shares of Class A common stock into the market.

How many Navitas Semiconductor (NVTS) shares were sold in the ATM offering?

Navitas sold 6,529,666 shares of its Class A common stock under the at-the-market program. These sales occurred pursuant to the May 11, 2026 prospectus supplement and generated approximately $122.0 million in net proceeds for the company.

Is the Navitas Semiconductor (NVTS) ATM program now fully utilized?

Assuming all trades settle, Navitas states that the common stock registered under the May 11, 2026 ATM prospectus supplement has been fully sold. This indicates the company has effectively used the entire registered capacity of that specific at-the-market program.

Who acted as sales agents for Navitas Semiconductor’s (NVTS) ATM stock program?

Craig-Hallum Capital Group LLC and UBS Securities LLC served as sales agents for Navitas Semiconductor’s at-the-market offering program. They were authorized to place shares of Class A common stock as agents or principals, subject to agreed limitations and terms in the Sales Agreement.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB