NVTS notification of proposed resale under Rule 144 by an identified holder. The filing lists 3,060,118 shares sold during the past three months on 05/27/2026 with an aggregate value of $89,619,227.77. The submission also shows a listed security sale tied to a Merger/Acquisition dated 07/28/2025 and identifies the reporting party as Ranbir Singh at the address provided.
Navitas Semiconductor submitted a Form 144 notice relating to proposed sales of common stock. The filing lists 75,000 shares with an aggregate figure of $2,171,250.00. The excerpt also shows a recent sale of 33,649 shares on 05/27/2026 for $998,037.92. Shares outstanding were 233,713,166 as of 05/28/2026; this is a baseline figure, not the amount being offered.
Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 notice to sell 33,649 shares of Common Stock (NVTS) on 05/27/2026.
The filing lists restricted stock lots underlying the notice: 7,168 shares issued 11/11/2022, 15,021 shares issued 06/07/2024, and 11,460 shares issued 06/04/2025. The sale is reported on NASDAQ; cash‑flow treatment and pricing are not stated in the excerpt.
Navitas Semiconductor Corporation issued 3,277,438 shares of Class A common stock on May 22, 2026 to satisfy its obligations for Triggering Event I under its 2021 Business Combination Agreement tied to the Live Oak Acquisition Corp. II merger.
Under that agreement, former Legacy Navitas stockholders and certain other persons may receive up to a total of 10,000,000 Class A common shares if the company’s stock price reaches specified targets before October 19, 2026.
Navitas Semiconductor Corporation entered into a Settlement, Release and Amendment Agreement with Live Oak Sponsor Partners II, LLC regarding contingent earnout shares from its prior business combination. The original Business Combination Agreement allowed former Legacy Navitas holders and certain others to receive up to 10,000,000 Earnout Shares if stock price targets are met before October 19, 2026.
Under the new agreement, Navitas will transfer 726,225 Sponsor Earnout Shares to Live Oak Sponsor so these shares are fully vested, non-forfeitable, and no longer subject to transfer restrictions. This transfer is in addition to 421,000 Sponsor Earnout Shares previously agreed as earned, while 115,775 Sponsor Earnout Shares are forfeited by Live Oak Sponsor. Both parties grant broad mutual releases related to the prior letter agreement, and Live Oak Sponsor agrees to indemnify Navitas against certain claims from its equityholders.
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.
Navitas Semiconductor Corporation has called a virtual annual stockholder meeting for June 25, 2026 at 8:00 a.m. Pacific Time. Holders of Class A common stock at the April 28, 2026 record date, totaling 233,713,166 shares, are entitled to one vote per share.
Stockholders will vote on four main items: electing three Class II directors; approving an amendment to declassify the board so all directors stand for annual elections starting with the 2027 meeting; an advisory “Say-On-Pay” vote on executive compensation; and ratifying KPMG LLP as independent auditor for the year ending December 31, 2026.
The proxy outlines a majority-independent, 10‑member board, an existing classified structure, and a proposal to move to annual director elections as a governance “best practice.” It details compensation for named executive officers, including a significant RSU grant and performance-based equity structure for new CEO Chris Allexandre, and describes an executive severance plan covering senior leaders in change-in-control or involuntary termination scenarios.